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501 E Prospect Ave

501 E Prospect Ave, Mount Prospect, IL, 60056

YearBuilt

Year Built

1963

Stories

# Stories

3

#TotalUnits

# Total Units

23
UnitSizeRange

Unit Size Range

680-900 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

501 E Prospect Ave is a three-story condominium building completed in 1963. Situated in the desirable area of Mount Prospect, this property offers 1 and 2-bedroom units with unit prices ranging from $117,500 to $137,000. The building is designed to meet modern urban needs while retaining its historical architectural charm. Residents of 501 E Prospect Ave benefit from practical amenities such as a dedicated bike room and access to nearby bike trails, promoting an active lifestyle. These features enhance the convenience for commuting cyclists or those who enjoy leisure biking. The building’s façade reflects the mid-century modern architecture, with clean lines and functional design elements that emphasize simplicity and efficiency. Although the neighborhood is unspecified, the area likely offers various urban amenities due to its central location, making it an ideal spot for families and professionals alike. This property provides an affordable entry into condo ownership, with options for convenient living close to urban amenities, all within the tranquil setting of a mid-rise building. Its balance of affordability and essential amenities makes 501 E Prospect Ave a notable consideration for prospective buyers.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
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Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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501 E Prospect Ave Market Report (last 12 months)

Avg. List Price
$152,450 ($201/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings2
Avg. Days On Market
Calendar41
Avg. Sale Price
$137,000 ($192/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$4 /monthly

About 501 E Prospect Ave

Condo Living at 501 E Prospect Ave, located at 501 E PROSPECT AVE, MOUNT PROSPECT, IL:

Welcome to 501 E Prospect Ave, a charming three-story condo building nestled in the heart of Mount Prospect, Illinois. Built in 1963, this well-maintained building offers a cozy and inviting atmosphere perfect for first-time homebuyers. With just 22 units available, the community here is intimate, promoting a friendly environment that new residents will surely appreciate.

Building Features and Unit Availability:

With units ranging from 680 to 900 square feet, there's a size suitable for various lifestyles, whether you're a young professional or a couple just starting out. Currently, the demand for these condos is low, making it a great time to enter the market, even if availability is limited. Priced at an average of $137,000, with a price per square foot at $192, this building is an attractive option for buyers seeking a blend of comfort and affordability.

Amenities You'll Love:

Living at 501 E Prospect Ave means enjoying some essential amenities that can enhance your lifestyle. For fitness enthusiasts or anyone looking to unwind, the condo features a convenient bike room and access to lovely bike trails nearby. Imagine weekend mornings spent cycling through scenic paths or enjoying leisurely rides to nearby attractions.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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