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  • Price cut: $25K (5/12)
    $625,000

    502 S Louis St, Mount Prospect, IL 60056

    3beds
    1,340sqft
    : 
    Single Family Residence
    Built in 1958
    7,235.32 Square Feet Lot
    $617,100 Zestimate®
    $466/sqft
    $-- HOA

    What's special

    Full height quartz backsplashQuartz countertopsStainless steel appliancesFully replaced plumbing
    Location, location, location-this beautifully renovated 3 bedroom, 2.5 bath home offers the perfect blend of modern luxury, timeless finishes, and unmatched walkability. A full, high-quality renovation was completed in 2020, bringing all major systems and interior spaces up to today's standards. The home features a completely updated HVAC system with new furnace and air conditioning installed in 2020, all new electrical wiring and service completed the same year and fully replaced plumbing throughout. The kitchen was redesigned in 2020 with new cabinetry, stainless steel appliances, quartz countertops, and a full height quartz backsplash, creating a clean, contemporary space ideal for cooking and entertaining. The primary suite includes a beautifully updated bathroom with heated marble floors, while the half bath also features marble flooring for a cohesive, upscale feel. Hardwood floors run throughout the main living areas, adding warmth and character. The finished basement offers additional living and entertaining space with tile flooring, a full shower, and a striking MSI natural stone feature wall and bar. The gas fireplace on the main level provides a cozy focal point and can be converted back to woodburning if desired. Exterior improvements continued into 2022, including the installation of a 50year GAF designer slate style roof, along with new aluminum gutters, soffit, and fascia. A new garage door and opener were added in 2020, completing the home's mechanical and structural updates and offering true peace of mind for years to come. The location is exceptional-just a 12 minute walk to the Metra station and the vibrant downtown district filled with restaurants, shops, and local amenities. Both Caputo's and Mariano's are within walking distance, making daily errands effortless. The highly anticipated Lions Park redevelopment, including a new pool and community facilities, is coming soon and will further enhance the neighborhood's appeal. The home is located in the award-winning District 214, feeding into sought after Prospect High School. This is a rare opportunity to own a fully renovated home in one of the area's most desirable and walkable locations, with every major update already completed and thoughtfully designed. Come make this great home your own!!
    19 days
    |
    1,051
    |
    70
    |

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Bradley Fox 847-363-9273,

    HomeSmart Connect LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12639656MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Utility Room-Lower Level
      Primary bedroom
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 11X14
      Bedroom 2
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 10X14
      Bedroom 3
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10X12
      Family room
      • Features: Flooring (Porcelain Tile)
      • Level: Basement
      • Area: 748 Square Feet
      • Dimensions: 22X34
      Kitchen
      • Features: Kitchen (Eating Area-Table Space, Granite Counters), Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 12X17
      Laundry
      • Level: Basement
      • Area: 84 Square Feet
      • Dimensions: 7X12
      Living room
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 14X20
      Other
      • Level: Basement
      • Area: 242 Square Feet
      • Dimensions: 11X22
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Refrigerator, Washer, Dryer
      • Laundry: Gas Dryer Hookup
      Features
      • Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath
      • Flooring: Hardwood
      • Basement: Finished,Stone/Rock,Full
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Living Room
      Interior area
      • Total structure area: 2,680
      • Total interior livable area: 1,340 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Fencing: Fenced
      Lot
      • Size: 7,235.32 Square Feet
      • Dimensions: 54X134
      Details
      • Parcel number: 08124060130000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1958
      • Major remodel year: 2020
      Details
      • Builder model: RANCH

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Features: Clubhouse, Park, Pool, Sidewalks, Street Paved
      HOA
      • Services included: None
      Location
      • Region: Mount Prospect

      Financial & listing details

      • Price per square foot: $466/sqft
      • Tax assessed value: $340,000
      • Annual tax amount: $10,383
      • Date on market: 5/6/2026
      • Ownership: Fee Simple
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        Estimated market value

        $617,100

        $586,000 - $648,000

        $2,678/mo

        Price history

        DateEventPrice
        5/12/2026Price change$625,000-3.8%$466/sqft
        Source: MRED as distributed by MLS GRID #12639656 Report a problem
        5/6/2026Listed for sale$650,000+135.5%$485/sqft
        Source: MRED as distributed by MLS GRID #12639656 Report a problem
        10/23/2019Sold$276,000-4.8%$206/sqft
        Source: MRED as distributed by MLS GRID #10519901 Report a problem
        10/7/2019Pending sale$289,900$216/sqft
        Source: Coldwell Banker Residential Brokerage - McMullen #10519901 Report a problem
        9/16/2019Listed for sale$289,900+148.5%$216/sqft
        Source: Coldwell Banker Residential #10519901 Report a problem
        9/22/1997Sold$116,666$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$8,547 +27.6%$34,000 +23.2%
        2022$6,696 -0.1%$27,600 +11.1%
        2021$6,702 +1%$24,840
        2020$6,633 +12.9%$24,840 -10%
        2019$5,876 +24.3%$27,600 +27.5%
        2018$4,729 -29.9%$21,640 -22.9%
        2017$6,749 +6.8%$28,075
        2016$6,321 +18.5%$28,075 +22.9%
        2015$5,333 -3.8%$22,845 -4.1%
        2014$5,546 +0.6%$23,812
        2013$5,511 -0.4%$23,812 -7.6%
        2012$5,534 +1%$25,761
        2011$5,481 -1.1%$25,761
        2010$5,543 +17.4%$25,761 -19.4%
        2009$4,723 +8.2%$31,979 -7%
        2008$4,366 +3.4%$34,386
        2007$4,224 -5%$34,386 +25.2%
        2006$4,449 +5.4%$27,471 -4.9%
        2005$4,221 +5.8%$28,884
        2004$3,991 -1.7%$28,884 +29.5%
        2003$4,058 +3.9%$22,310
        2002$3,907 +18.7%$22,310
        2001$3,292 +1.4%$22,310 +20.8%
        2000$3,246 $18,470
        1999$3,246 $18,470

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 60056

          Getting around

          65 / 100
          Somewhat Walkable
          35 / 100
          Some Transit
          50 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Lions Park Elementary School
          • Middle: Lincoln Junior High School
          • High: Prospect High School
          • District: 57

          Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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