$657,700
- 4 Beds
- 3 Baths
- 3,500 sqft
1002 S Lancaster St, Mount Prospect, IL 60056
Currently Off Market - Sold Jun 4, 2024 for $514,000
Home Value
Trulia Estimate
$658KSince last month
Decreased$8K (-1.2%)Since last year
Increased$46K (+7.5%)Since last sale
Increased$144K (+28%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $658K |
| August 2026 | $656K |
| July 2026 | $666K |
| June 2026 | $674K |
| May 2026 | $676K |
| April 2026 | $648K |
| March 2026 | $651K |
| February 2026 | $625K |
| January 2026 | $614K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $587,000 | 12/16/25 | 4 | 3 | 3,573 | |
0.16 | Single-Family Home | $515,000 | 04/17/26 | 4 | 2.5 | 2,394 | |
0.13 | Single-Family Home | $620,000 | 05/22/26 | 4 | 2.5 | 2,000 | |
0.21 | Single-Family Home | $555,999 | 05/29/26 | 4 | 2.5 | 2,108 | |
0.19 | Single-Family Home | $485,000 | 03/19/26 | 4 | 2.5 | 2,160 | |
0.23 | Single-Family Home | $633,000 | 05/04/26 | 4 | 2.5 | 2,254 | |
0.15 | Single-Family Home | $685,500 | 05/08/26 | 4 | 2 | 3,242 | |
0.17 | Single-Family Home | $612,500 | 04/27/26 | 4 | 2.5 | 2,240 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $509,800 | 4 | 2.5 | - | Off Market | |
0.10 | $518,000 | 4 | 2.5 | 2,108 | Recently Sold | |
0.08 | $650,000 | 4 | 3.5 | 2,430 | Recently Sold | |
0.10 | $718,000 | 4 | 3 | 3,312 | Off Market | |
0.13 | $451,200 | 3 | 2 | 1,600 | Off Market | |
0.14 | $587,000 | 4 | 3 | 3,573 | Recently Sold | |
0.11 | $707,900 | 4 | 2.5 | 2,645 | Off Market | |
0.14 | $697,000 | 3 | 2 | 2,125 | Recently Sold | |
0.14 | $502,300 | 3 | 2 | 2,400 | Off Market | |
0.14 | $490,000 | 3 | 2 | 1,560 | Recently Sold | |
0.12 | $396,200 | 3 | 3 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1974
3,500 sqft
$188/sqft
2 Car Garage
About this House
RARELY AVAILABLE CUSTOM OVERSIZED RAISED RANCH WITH GROUND LEVEL IN-LAW APARTMENT WITH FULL KITCHEN AND PRIVATE ENTRANCE! MASSIVE FAMILY ROOM WITH FIREPLACE, HUGE 27X14 FLORIDA ROOM THAT OVERLOOKS 30X15 BRICK PAVER PATIO, FOUNTAIN AND GRAPE ARBOR, ARCHITECTURAL SHINGLE ROOF, INSULATED THERMOPANE WINDOWS, HARDWOOD FLOORS, BRICK PAVER DRIVEWAY, SIDEWALKS AND FRONT PORCH, 2-CAR ATTACHED GARAGE. CHAIR LIFTS CAN REMAIN OR SELLER CAN HAVE THEM REMOVED.
1002 S Lancaster St, Mount Prospect, IL 60056 is a 4 bedroom, 3 bathroom, 3,500 sqft single-family home built in 1974. It last sold for $514,000 on Jun 4, 2024 (3% below the $529,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $657,700, with a rent estimate of $3,916/month.
Last check for updates: 1 day ago
Listed by Kenneth Welter, (847) 489-7653
RE/MAX Properties Northwest
Bought with: Nazee Hamidi, (847) 702-6337, HomeSmart Connect LLC
Source: MRED as distributed by MLS GRID, MLS#12042309

Home Details for 1002 S Lancaster St
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MLS Status: Closed |
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Interior Details Basement: Finished,Exterior Entry,Rec/Family Area,Sleeping Area,Full,Walk-Out AccessNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Sun Room, Utility Room Lower Level |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3500 Square Feet |
Appliances & Utilities Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), HumidifierDishwasherDryerLaundry: Main LevelRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Attached Fireplace Doors/Screen, Gas Log, Family RoomHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Screens, Window Treatments, Drapes, Insulated WindowsDoor: Storm Door(s)Flooring: Hardwood, Carpet |
Levels, Entrance, & Accessibility Accessibility: Stair Lift, Disability AccessFloors: Hardwood, Carpet |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioFencing: FencedFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Brick Driveway,Garage Door Opener,On Site,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Step Ranch |
Building Construction Materials: Brick, CedarNot a New Construction |
Property Information Parcel Number: 08141280150000 |
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Price List Price: $529,000 |
Status Change & Dates Off Market Date: Tue Apr 30 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Mount Prospect |
School Information Elementary School: Robert Frost Elementary SchoolElementary School District: 59Jr High / Middle School: Friendship Junior High SchoolJr High / Middle School District: 59High School: Prospect High SchoolHigh School District: 214 |
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Building Area Building Area: 3500 Square Feet |
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Community Features: Sidewalks, Street Lights |
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HOA Fee Includes: None |
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Lot Area: 8276.4 sqft |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12042309 |
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SidewalksStreet LightsSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 4, 2024 Source: MRED as distributed by MLS GRID #12042309 | Sold | $514,000 |
May 1, 2024 Source: MRED as distributed by MLS GRID #12042309 | Contingent | $529,000 |
Apr 29, 2024 Source: MRED as distributed by MLS GRID #12042309 | PriceChange | $529,000 Price decreased by 10% |
Apr 12, 2024 Source: MRED as distributed by MLS GRID #12027572 | Listed For Sale | $589,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $9,752 | $360,010 |
Home facts updated by county records
Market trends in Mount Prospect
Last updated July 2026
Avg. sale price
$420K
$18.33KMoM
Sale-to-List Price
100.5%
Price per sq ft
$269
$9MoM
Available listings
124
9MoM
Around this home
What Locals Say about Mount Prospect
At least 376 Trulia users voted on each feature.
84 % Say it's dog friendly
84 % Say car is needed
83 % Say there are sidewalks
81 % Say parking is easy
73 % Say there's holiday spirit
70 % Say kids play outside
69 % Say people would walk alone at night
67 % Say yards are well-kept
66 % Say it's walkable to restaurants
65 % Say it's quiet
58 % Say streets are well-lit
56 % Say they plan to stay for at least 5 years
54 % Say it's walkable to grocery stores
52 % Say there's wildlife
52 % Say neighbors are friendly
42 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Frequently asked questions about 1002 S Lancaster St
- What is 1002 S Lancaster St estimated to be worth?Trulia's estimated value for 1002 S Lancaster St in Mount Prospect, IL is $657,700.
- What is the price history for 1002 S Lancaster St?1002 S Lancaster St in Mount Prospect, IL last sold for $514,000 in June 2024.
- Is Mount Prospect a buyer's or seller's market?Mount Prospect is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Mount Prospect?The median sale price in Mount Prospect is $420K. That is down $18.33K from the prior month.
- Does 1002 S Lancaster St have air conditioning?Yes, 1002 S Lancaster St in Mount Prospect, IL has air conditioning.
- Does 1002 S Lancaster St have laundry facilities?Yes, 1002 S Lancaster St in Mount Prospect, IL has in-unit laundry.