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  3. Mount Prospect, IL
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  5. 701 W Central Rd
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701 W Central Rd

701 Central Rd, Mount Prospect, IL, 60056
Central Village Condominiums

YEAR BUILT

1978

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

970-1,200 sqft

Description

The building at 701 W Central Rd is situated in Mount Prospect. This low-rise structure has 3 stories and contains 9 units. Built in 1978, it offers a laid-back atmosphere in a welcoming neighborhood. There is an appealing charm to the building that many find attractive. Each unit has 2 bedrooms and ranges in size from 970 to 1,200 square feet. Prices for these units fall between $152,000 and $187,000. The average selling price is about $169,500, breaking down to roughly $156 per square foot. The market activity shows units average 34 days on the market before selling. In-unit laundry is a reliable feature of these homes. Freshly painted interiors add a nice touch. Some units also have walk-in closets that provide extra storage. The building is specifically for those aged 55 and over, which helps create a friendly community. The area is close to various businesses. Restaurants and shops are within walking distance. Nearby places include the 7-Eleven for quick grocery runs and Threshold Martial Arts for activities. Local parks also offer beautiful spots for relaxation and outdoor time. Residents can also access public transportation easily. A nearby Pace Bus stop connects to local train services. Additionally, the neighborhood provides a quiet place to call home. Living here means enjoying conveniences while being part of a caring community. Overall, this building fits well for those seeking comfort and ease in a friendly setting. Its location keeps residents close to both nature and neighborly conveniences. For anyone considering this area, it is worth a closer look.

Building ImageMLS ID #12203420
Building ImageMLS ID #11734880
Building Image
Building ImageView Listing

701 W Central Rd

701 Central Rd, Mount Prospect, IL, 60056


Central Village Condominiums

YEAR BUILT

1978

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

970-1,200 sqft

Description

The building at 701 W Central Rd is situated in Mount Prospect. This low-rise structure has 3 stories and contains 9 units. Built in 1978, it offers a laid-back atmosphere in a welcoming neighborhood. There is an appealing charm to the building that many find attractive. Each unit has 2 bedrooms and ranges in size from 970 to 1,200 square feet. Prices for these units fall between $152,000 and $187,000. The average selling price is about $169,500, breaking down to roughly $156 per square foot. The market activity shows units average 34 days on the market before selling. In-unit laundry is a reliable feature of these homes. Freshly painted interiors add a nice touch. Some units also have walk-in closets that provide extra storage. The building is specifically for those aged 55 and over, which helps create a friendly community. The area is close to various businesses. Restaurants and shops are within walking distance. Nearby places include the 7-Eleven for quick grocery runs and Threshold Martial Arts for activities. Local parks also offer beautiful spots for relaxation and outdoor time. Residents can also access public transportation easily. A nearby Pace Bus stop connects to local train services. Additionally, the neighborhood provides a quiet place to call home. Living here means enjoying conveniences while being part of a caring community. Overall, this building fits well for those seeking comfort and ease in a friendly setting. Its location keeps residents close to both nature and neighborly conveniences. For anyone considering this area, it is worth a closer look.

Next

Description

The building at 701 W Central Rd is situated in Mount Prospect. This low-rise structure has 3 stories and contains 9 units. Built in 1978, it offers a laid-back atmosphere in a welcoming neighborhood. There is an appealing charm to the building that many find attractive. Each unit has 2 bedrooms and ranges in size from 970 to 1,200 square feet. Prices for these units fall between $152,000 and $187,000. The average selling price is about $169,500, breaking down to roughly $156 per square foot. The market activity shows units average 34 days on the market before selling. In-unit laundry is a reliable feature of these homes. Freshly painted interiors add a nice touch. Some units also have walk-in closets that provide extra storage. The building is specifically for those aged 55 and over, which helps create a friendly community. The area is close to various businesses. Restaurants and shops are within walking distance. Nearby places include the 7-Eleven for quick grocery runs and Threshold Martial Arts for activities. Local parks also offer beautiful spots for relaxation and outdoor time. Residents can also access public transportation easily. A nearby Pace Bus stop connects to local train services. Additionally, the neighborhood provides a quiet place to call home. Living here means enjoying conveniences while being part of a caring community. Overall, this building fits well for those seeking comfort and ease in a friendly setting. Its location keeps residents close to both nature and neighborly conveniences. For anyone considering this area, it is worth a closer look.

701 W Central Rd Key Stats Last 12 months

Avg. Listed Price$190,000($159/Sqft.)

Avg. Sale Price$169,500($156/Sqft.)
Year over year list priceUp Arrow15.85%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold2 Sold
Average Days on Market34 days

Average HOA fees per sqft$5 /monthly
Next

Key Stats

Year over year list priceUp Arrow15.85%

Year over year sale price0.00%
Total Listings1 Listed

Total sold2 Sold
Average Days on Market34 days

Average HOA fees per sqft$5 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

701 W Central Rd Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit B3B3120021382025-11-10
MLS#: 12486391
Closed$187,000
Unit B5B5-21282024-12-02
MLS#: 12203420
Closed$152,000
Unit B6B6102021702023-05-19
MLS#: 11734880
Closed$139,000
Unit B3
B3

2 Beds

1 Baths

1200 sqft


DateStatusPrice
2025-11-10Closed$187,000
MLS#: 12486391
Days On Market38
Unit B5
B5

2 Beds

1 Baths

0 sqft


DateStatusPrice
2024-12-02Closed$152,000
MLS#: 12203420
Days On Market28
Unit B6
B6

2 Beds

1 Baths

1020 sqft


DateStatusPrice
2023-05-19Closed$139,000
MLS#: 11734880
Days On Market70
View Complete Unit Listing HistorySource By: MRED

Amenities

The amenities at 701 W Central Rd are sure to appeal to young buyers like yourself. Imagine having your own space with features that allow you to enjoy your life without the hassle of yard work or maintenance. While specific amenities were not listed, condo living often comes with perks like parking and shared spaces, all designed to enhance your lifestyle. You’ll likely enjoy the ease of entertaining friends in common areas or having a peaceful space to unwind after a busy day.

Next

Amenities Description

The amenities at 701 W Central Rd are sure to appeal to young buyers like yourself. Imagine having your own space with features that allow you to enjoy your life without the hassle of yard work or maintenance. While specific amenities were not listed, condo living often comes with perks like parking and shared spaces, all designed to enhance your lifestyle. You’ll likely enjoy the ease of entertaining friends in common areas or having a peaceful space to unwind after a busy day.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security Door Lock(s)

Security Door Lock(s)

Balcony

Balcony

Policies

One of the pluses of choosing a condo is the more relaxed building policies. Here, you’ll find that there are no restrictive policies, making it easier for you to comfortably feel at home. This kind of flexibility is appealing to many first-time homebuyers who want to set up their space without strict limitations.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
701 W Central Rd$156/sqft.$5 /sqft.
707 W Central Rd$165/sqft.$4 /sqft.
Central Village$190/sqft.$4 /sqft.
705 W Central Rd$191/sqft.$5 /sqft.
Central Village$147/sqft.$6 /sqft.
709 W Central Ave$147/sqft.$6 /sqft.

Nearby Schools

701 W Central Rd is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Lincoln Middle School

B-
Public|Grades 6–8
700 W Lincoln St|0.42 miles away

Fairview Elementary School

B
Public|Grades 2–5
300 N Fairview Ave|0.43 miles away

St Raymond School

--
Private|Grades PK–8
300 S Elmhurst Ave|0.49 miles away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|0.62 miles away

St Paul Lutheran School

--
Private|Grades PK–8
18 S School St|0.78 miles away

Prospect High School

A
Public|Grades 9–12
801 W Kensington R...|0.87 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

701 W Central Rd is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Lincoln Middle School

B-
Public|Grades 6–8
700 W Lincoln St|Less than 1 Mile Away

Fairview Elementary School

B
Public|Grades 2–5
300 N Fairview Ave|Less than 1 Mile Away

St Raymond School

--
Private|Grades PK–8
300 S Elmhurst Ave|Less than 1 Mile Away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|Less than 1 Mile Away

St Paul Lutheran School

--
Private|Grades PK–8
18 S School St|Less than 1 Mile Away

Prospect High School

A
Public|Grades 9–12
801 W Kensington R...|Less than 1 Mile Away

Timber Ridge School

--
Public|Grades –
201 S Evanston Ave|Less than 1 Mile Away

Lions Park Elementary School

B
Public|Grades 2–5
300 E Council Trl|1.03 Miles Away

Forest View Elementary School

A-
Public|Grades KG–5
1901 W Estates Dr|1.31 Miles Away

Dryden Elementary School

B+
Public|Grades KG–5
722 S Dryden Pl|1.32 Miles Away

The Early Learning Center

--
Public|Grades PK–PK
1900 W Lonnquist B...|1.38 Miles Away

Bright Horizons

--
Private|Grades PK–TKG
1020 S Hunt Club D...|1.39 Miles Away

Holmes Jr High School

B
Public|Grades 6–8
1900 W Lonnquist B...|1.44 Miles Away

Windsor Elementary School

B+
Public|Grades KG–5
1315 E Miner St|1.60 Miles Away

Robert Frost Elementary School

C
Public|Grades KG–5
1308 S Cypress Dr|1.67 Miles Away

A Mother's Touch Creative Learning Center

--
Private|Grades PK–TKG
125 N Dryden Ave|1.71 Miles Away

Miner School

--
Public|Grades –
1101 E Miner St|1.72 Miles Away

Brentwood Elementary School

B
Public|Grades KG–5
260 Dulles Rd|1.73 Miles Away

Euclid Elementary School

B
Public|Grades PK–5
711 E Euclid Ave|1.82 Miles Away

Arlington Montessori School

--
Private|Grades PK–T1
2025 S Goebbert Rd|1.85 Miles Away

Young Adult Program

--
Public|Grades 9–12
2121 S Goebbert Rd|1.93 Miles Away

Newcomer Center

--
Public|Grades 9–12
2121 S Goebbert Rd|1.93 Miles Away

Vanguard School

--
Public|Grades 9–12
2121 S Goebbert Rd|1.93 Miles Away

The Academy at Forest View

--
Public|Grades 9–12
2121 S Goebbert Rd|1.93 Miles Away

Transit

Set in , 701 W Central Rd provides residents with convenient access to public transit across Mount Prospect. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

372 E Golf Rd

1.98 miles away|38 min walk

45 E Golf Rd

1.94 miles away|38 min walk

Business Center Dr & Bishop Ct

1.94 miles away|38 min walk

Business Center Dr & Feehanville Dr

1.47 miles away|29 min walk

Business Center Dr & Feehanville Dr (E)

1.92 miles away|37 min walk

Business Center Dr & Feehanville Dr (W)

1.43 miles away|28 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in , 701 W Central Rd provides residents with convenient access to public transit across Mount Prospect. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

372 E Golf Rd

1.98 miles away|38 min walk

45 E Golf Rd

1.94 miles away|38 min walk

Business Center Dr & Bishop Ct

1.94 miles away|38 min walk

Business Center Dr & Feehanville Dr

1.47 miles away|29 min walk

Business Center Dr & Feehanville Dr (E)

1.92 miles away|37 min walk

Business Center Dr & Feehanville Dr (W)

1.43 miles away|28 min walk

Business Center Dr & Rand Rd

1.14 miles away|22 min walk

Business Center Dr & Slawin Ct

1.61 miles away|31 min walk

Business Center Dr & Wheeling Rd

1.29 miles away|25 min walk

Dempster St & Ida Ct (E)

1.98 miles away|38 min walk

Elmhurst/Euclid

1.56 miles away|30 min walk

Elmhurst/Hawthorne

1.75 miles away|34 min walk

Elmhurst/Kensington

1.13 miles away|22 min walk

Elmhurst/Mars

1.9 miles away|37 min walk

Elmhurst/Rand

1.19 miles away|23 min walk

Elmhurst/Randhurst Mall

1.3 miles away|25 min walk

Feehanville Dr & Business Center Dr

1.94 miles away|38 min walk

Golf Rd & Busse Rd

1.43 miles away|28 min walk

Golf Rd & Busse Rd (@ 1731 Golf Rd)

1.44 miles away|28 min walk

Golf Rd & Country Ln

1.36 miles away|27 min walk

Golf Rd & Elmhurst Rd

1.3 miles away|25 min walk

Golf Rd & Elm St

1.46 miles away|28 min walk

Golf Rd & Goebbert Rd

1.75 miles away|34 min walk

Golf Rd & Golfview Pl/Wilkins Dr

1.7 miles away|33 min walk

Golf Rd & Hunt Club Dr/Wa Pella Dr

1.29 miles away|25 min walk

Golf Rd & Lancaster St

1.31 miles away|26 min walk

Golf Rd & Louis St

1.62 miles away|32 min walk

Golf Rd & Marshall Dr/School St

1.5 miles away|29 min walk

Golf Rd & Meier Rd

1.6 miles away|31 min walk

Golf Rd & Mt Prospect Rd

1.75 miles away|34 min walk

Golf Rd & Na Wa Ta Ave

1.28 miles away|25 min walk

Golf Rd & Oakwood Dr

1.47 miles away|29 min walk

Golf Rd & Robert Dr

1.35 miles away|26 min walk

Golf Rd & School St/Marshall Dr

1.5 miles away|29 min walk

Golf Rd & Wa Pella Ave/Hunt Club Dr

1.28 miles away|25 min walk

Golf Rd & Warrington Rd

1.98 miles away|38 min walk

Golf Rd & Wilkins Dr/Golfview Pl

1.69 miles away|33 min walk

Main/Busse

0.53 miles away|11 min walk

Main/Central

0.51 miles away|10 min walk

Main/Gregory

0.72 miles away|14 min walk

Main/Henry

0.53 miles away|11 min walk

Main/Highland

0.92 miles away|18 min walk

Main/Isabella

0.65 miles away|13 min walk

Main/Judith Ann

0.99 miles away|19 min walk

Main/Kensington

1.13 miles away|22 min walk

Main/Memory

0.82 miles away|16 min walk

Main/Thayer

0.58 miles away|12 min walk

Mt. Prospect

0.59 miles away|12 min walk

Northwest Hwy./Albert

1.36 miles away|26 min walk

Northwest Hwy./Cambridge

1.83 miles away|36 min walk

The Neighbourhood: 701 W Central Rd

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701 W Central Rd Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 22% are children aged 0–14, 13.43% are young adults between 15–29, 20.63% are adults aged 30–44, 23.11% are in the 45–59 range and 20.82% are seniors aged 60 and above. Commuting options are also varying where 77.58% of residents relying on driving, while others prefer public transit around 8.06%, walking around 1.57%, biking around 0.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 83.53% of units owner occupied and 16.47% are rented. The neighborhood offers different household types. About 37.42% are single family homes and 8.49% are multi family units. Around 23.6% are single-person households, while 76.4% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.4% of residents have bachelor’s degrees. Around 18.1% have high school or college education. Another 6.58% hold diplomas while 20.83% have completed postgraduate studies. The remaining are 21.09% with other types of qualifications.

Next

Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 22% are children aged 0–14, 13.43% are young adults between 15–29, 20.63% are adults aged 30–44, 23.11% are in the 45–59 range and 20.82% are seniors aged 60 and above. Commuting options are also varying where 77.58% of residents relying on driving, while others prefer public transit around 8.06%, walking around 1.57%, biking around 0.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 83.53% of units owner occupied and 16.47% are rented. The neighborhood offers different household types. About 37.42% are single family homes and 8.49% are multi family units. Around 23.6% are single-person households, while 76.4% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.4% of residents have bachelor’s degrees. Around 18.1% have high school or college education. Another 6.58% hold diplomas while 20.83% have completed postgraduate studies. The remaining are 21.09% with other types of qualifications.

Age Demographics

0–14 Years

22%

15–29 Years

13.43%

30–44 Years

20.63%

45–59 Years

23.11%

60+ Years

20.82%

Commute

8.06%

Transit

1.57%

Walk

77.58%

Drive

0.42%

Bike

Housing Ownership

83.53%

Owner Occupied

16.47%

Rental Units

Household Types

Single Family
37.42%
Multi Family
8.49%
Single Person
23.6%
Multi Person
76.4%

Average Income

Household:$11,487,932.98 /yr

Individual:$4,966,401.35 /yr

Education

Bachelors Degree33.4%
High School College18.1%
Diploma6.58%
Post Graduate20.83%
Others21.09%
Next

Education

Diploma6.58%
Post Graduate20.83%
Others21.09%
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  1. Home
  2. /Mount Prospect, IL
  3. /
    701 W Central Rd
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