1505 E Cedar Ln, Mount Prospect, IL 60056
Property image
Property image
OFF MARKET

$537,700

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,000 sqft

1505 E Cedar Ln, Mount Prospect, IL 60056

Est. Refi. Payment $3,925/mo*
Refinance Your Home
Currently Off Market - Sold May 1, 2019 for $325,000

Home Value

Trulia Estimate
$538K
Since last month
Decreased$5K (-0.9%)
Since last year
Increased$36K (+7.1%)
Since last sale
Increased$212K (+65.1%)
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 +58% in the last 10 years
MonthEstimated value
2026
September 2026$537K
September 2026$537K
August 2026$542K
July 2026$542K
June 2026$559K
May 2026$541K
April 2026$536K
March 2026$525K
February 2026$500K
January 2026$495K
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
1501 E Barberry Ln, Mount Prospect, IL
0.06
Single-Family Home
$545,000
10/16/25
3
2
1,528
1116 N Westgate Rd, Mount Prospect, IL
0.19
Single-Family Home
$500,000
12/15/25
3
2
1,800
1008 N Newberry Ln, Mount Prospect, IL
0.18
Single-Family Home
$540,000
03/13/26
3
2.5
1,887
1006 N Sycamore Ln, Mount Prospect, IL
0.19
Single-Family Home
$462,000
09/03/26
4
3
2,313
1108 E Barberry Ln, Mount Prospect, IL
0.31
Single-Family Home
$552,000
07/23/26
3
2.5
1,875
1114 E Dogwood Ln, Mount Prospect, IL
0.29
Single-Family Home
$486,000
07/08/26
3
2.5
1,329
1303 E Ironwood Dr, Mount Prospect, IL
0.35
Single-Family Home
$590,000
05/09/26
3
2.5
2,036
1006 N Hemlock Ln, Mount Prospect, IL
0.42
Single-Family Home
$400,000
06/29/26
4
3
2,462
1622 Greenwood Dr, Mount Prospect, IL
0.23
Single-Family Home
$715,000
02/05/26
4
3
2,564
1111 E Greenwood Dr, Mount Prospect, IL
0.31
Single-Family Home
$550,000
06/15/26
4
2.5
1,944

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
1503 E Cedar Ln, Mount Prospect, IL 60056
0.01
$531,300
4
3
1,733
Off Market
1110 N Sycamore Ln, Mount Prospect, IL 60056
0.02
$578,500
4
3
1,984
Off Market
1108 N Sycamore Ln, Mount Prospect, IL 60056
0.02
$582,100
4
3
1,728
Off Market
1502 E Dogwood Ln, Mount Prospect, IL 60056
0.02
$508,800
4
3
1,984
Off Market
1501 E Cedar Ln, Mount Prospect, IL 60056
0.03
$555,400
3
2.5
2,127
Off Market
1500 E Dogwood Ln, Mount Prospect, IL 60056
0.03
$532,000
3
2
1,708
Off Market
1106 N Sycamore Ln, Mount Prospect, IL 60056
0.03
$679,300
4
2.5
2,712
Off Market
1504 E Cedar Ln, Mount Prospect, IL 60056
0.03
$587,100
5
3
2,712
Off Market
1408 E Dogwood Ln, Mount Prospect, IL 60056
0.03
$544,600
4
3
1,984
Off Market
1112 N Sycamore Ln, Mount Prospect, IL 60056
0.04
$570,300
4
3
1,773
Off Market
1112 N Sycamore Ln, Mt Prospect, IL 60056
0.04
$539,800
4
3
1,773
Off Market
1502 E Cedar Ln, Mount Prospect, IL 60056
0.04
$516,500
3
3
1,457
Off Market
1409 E Cedar Ln, Mount Prospect, IL 60056
0.04
$551,100
4
3
1,984
Off Market
1406 E Dogwood Ln, Mount Prospect, IL 60056
0.05
$524,000
4
3
1,984
Off Market
1500 E Cedar Ln, Mount Prospect, IL 60056
0.05
$651,500
4
3
2,712
Off Market
1114 N Sycamore Ln, Mount Prospect, IL 60056
0.05
$536,300
4
3
2,313
Off Market
1601 E Cedar Ln, Mount Prospect, IL 60056
0.05
$721,400
4
4
2,862
Off Market
1407 E Cedar Ln, Mount Prospect, IL 60056
0.05
$662,000
4
3
2,967
Off Market
1600 E Dogwood Ln, Mount Prospect, IL 60056
0.05
$507,600
4
3
1,609
Off Market
1406 E Cedar Ln, Mount Prospect, IL 60056
0.06
$485,300
4
3
1,528
Off Market

Local Information

  • Map ViewExplore the area around 1505 E Cedar Ln.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1963
2,000 sqft
$269/sqft
Garage

About this House

This beautiful split level home sitting on a large, fenced lot is located in a prime neighborhood just across the street from Rob Roy Country Club. Hersey High School!! With 3 Beds & 2.5 Baths this home has a spacious kitchen & lots of cabinets, counter space plus extra room for a table! New hardwood floors & Bathrooms updated in 2013. Master Bedroom has an ensuite! If you love natural light this spacious Living Room has Vaulted Ceilings and a large bay window. Fantastic Family Room great for entertaining or relaxing with the family. Separate dining room right off of the kitchen perfect for large dinners! The Basement is partially finished & offers tons of additional storage plus a laundry room and a Rec. Room. Fenced in Backyard with Storage Shed! Plenty of parking in the 2.5-car garage and long driveway. Situated a short drive near food, retail, schools, the pool, the park district, and the highway. A must see!!
1505 E Cedar Ln, Mount Prospect, IL 60056 is a 3 bedroom, 3 bathroom, 2,000 sqft single-family home built in 1963. It last sold for $325,000 on May 1, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $537,700, with a rent estimate of $4,208/month.

Home Details for 1505 E Cedar Ln

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickPatioPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family HomeArchitecture: split level

Community

Units in Building: 1

Lot Information

Lot Area: 8398 sqft

Price and Tax history

DateEventPrice
May 1, 2019
Source: MRED as distributed by MLS GRID #10291148
Sold
$325,000
Mar 8, 2019
Source: Agent Provided
Pending
$339,900
Feb 27, 2019
Source: Agent Provided
PriceChange
$339,900
Price decreased by 3%
Sep 4, 2018
Source: Agent Provided
PriceChange
$349,900
Price decreased by 1%
Aug 7, 2018
Source: Agent Provided
PriceChange
$355,000
Price decreased by 3%

Market trends in Mount Prospect

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$434K
$20.17KMoM
Sale-to-List Price
100.5%
Price per sq ft
$277
$9MoM
Available listings
127
3MoM

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.
  • Zulennyb
    "Everyone walks their dogs with the leash on. In general, the dogs look calm and trained. I have been seeing the dog owners pick up the dogs poop."
    0
    Flag
  • Dc
    "This neighborhood is clean, safe and friendly. It has a beautiful public park that has been built and its open for everyone."
    0
    Flag
  • Life4u
    "Great place to live and raise family. Excellent schools and community. Hoping to raise our children here."
    0
    Flag
  • Myrvetehoxhaj
    "It is safe for kids, and around area are good playgrounds that your little one can make easily friends. "
    0
    Flag
  • Mohsin Mohammad
    "Well known very inclusive local flew markets events and many other amenities all big grocery stores are close by and easy access. "
    0
    Flag
  • Jillian
    "Commuter suburbs that also has everything you need. Plus friendly people. Good for families as the schools are rated well. "
    0
    Flag
  • Bledar
    "Love this area quite clean and school is good everything is close by my home "
    0
    Flag
  • Vicky Drebos
    "Excellent neighborhood. Great schools. Friendly neighborhoods. Easy to get to major highways and trains. Close to mall."
    0
    Flag
  • Zulennyb
    "My commute is comfortable because I have everything very close like restaurants, shopping centers, banks, parks and more."
    0
    Flag
  • Azeez Yusuf
    "Good environment is the major reason that the neighbors consider before moving to another location. My obey the neighbor requirement policy and every "
    0
    Flag
  • Jocelynn C.
    "there a lot of parks and open fields , to walk your dog . It’s overall a great place to live it’s very clean and quite ."
    2
    Flag
  • L.royal
    "Within walking distance of my home we have schools, parks, grocery shopping, and a train station. Power lines are buried on my block so we have very few issues with power."
    1
    Flag
  • L.royal
    "I am a dog owner and we have great parks within walking distance and even restaurants that allow the dogs to join when dining alfresco. They even will bring a water bowl for the pooch. We often plan our routes around locations to drop off mail in mailboxes and garbage cans for the poop. It’s a must to pick up after your pooch and keep them on a leash. Most homes in the area have good size to allow your dog to run around outside at home too. Biggest thing to watch out for are skunks and coyotes. Small dogs have even been known to disappear under the talons of a red tail hawk in the area. Our dog is black so our hot summers can be rough, we have learned to plan the longer walks for early mornings and later evenings. Is this 100 words yet. I am running out of things to say about dogs in the area."
    0
    Flag
  • Edgar M.
    "very friendly neighbourhood with lots to offer and many places to visit. lots to offer and very safe as well."
    0
    Flag
  • Lisa R
    "Mount Prospect is an amazing place to live. The schools are great. Our children have so many opportunities to try sports and music through our schools and park district. We can walk to shopping, restaurants, and the train. If looking to buy, walk the prospective neighborhood and strike up a conversation. We were sold on the neighborhood after we talked to our future neighbors."
    1
    Flag
  • Edgar M.
    "Neighborhood is very clean, very peaceful, and and very friendly area. People are very respectful and kind."
    0
    Flag
  • Kishan P.
    "I own a car. Buses takes lots of time for commute. So to make easy your transportation if you have a car in this neighborhood will make your day easy"
    2
    Flag
  • Abczsipe
    "you see people their dogs more then ever. We have all shapes and sizes. planty of space. people are great about cleaning up after their furry friends. no negative dog issues."
    2
    Flag
  • Mattyiq
    "best suburb. close to everything especially highways and airport. I can travel locally or internationally. Also the school district is amazing."
    0
    Flag
  • Abczsipe
    "love the fact young old. parks great schools very good sized houses. people take very goid care of yards. planty yard space. freidly neighborhood. kids riding bike. ect.."
    0
    Flag
  • Finley C.
    "Good sense of community and plenty of family activities with the park district and Library. The Library is fantastic and has a lovely children's section."
    0
    Flag
  • Pjfrayn
    "Family hometown feeling. A wonderful library, parks and schools. Well lighted and maintained Metra station."
    0
    Flag
  • Gerry M.
    "It’s a safe place to live and I couldn’t ask for a better place to live. I can take a walk at any time"
    0
    Flag
  • Ken F.
    "Lots of dogs, friendly neighbors who are dog friendly even if they don’t have a dog themselves, great place for dogs"
    0
    Flag
  • Dianferc7
    "good neighbors, safe and friendly. great location close to everything.. good schools in the area, restaurants and easy for shopping "
    0
    Flag
  • Hassna M.
    "Lovely neighborhood, nice neighbors and very helpful also great schools, every thing is almost around you- shopping, Entertainment, hospital. "
    0
    Flag
  • Ken F.
    "Reasonable driving to suburban office & quick and easy if taking metro downtown office, metro is very convenient "
    0
    Flag
  • Cathy P
    "Downtown block party and seasonal events, concerts, Friday’s on the Green in summer, concerts at the memorial bandshell, parades on 4 July and local carnival w/fireworks, terrific pools, recreation/fitness center, classes for all ages in a myriad of topic areas, great library, cute boutique shops/restaurants in downtown Mt. Prospect. Lots of options, but not overwhelming. "
    1
    Flag
  • Aumamimi
    "Easy access to several metra trains stations from walking distance to 10 min drive. Easy access to major highways and easy easy drive to ORD. Early flights (pre rush hour - 20 min) best location. "
    2
    Flag
  • Janicekessel
    "This area is unreal. I love the shopping, restaurants and outstanding park . Walking paths at Melis Park and Arlington lakes, rock. Best place to live in my book!"
    0
    Flag
  • bob c
    "Close to trains. Great school districts. Close to shopping etc. nice neighborhood with well maintained homes."
    1
    Flag
  • Stormyjl
    "Everything is close and convenient. I have grocery stores,restaurants,schools,parks, and gas stations within walking distance."
    0
    Flag
  • famendez73
    "Our neighborhood is unique because it has great schools, a strong heartwarming and welcoming community, cool outdoor mall and a small but awesome downtown area."
    1
    Flag
  • Daniel C.
    "Mount Prospect is a nice place to raise and family. It lies in Cook County so it is on the expensive side of housing costs. overall. I recommend Mount Prospect. "
    1
    Flag
  • Dave R. S.
    "it's safe, very convenient (restaurants,grocery stores,highways) and has great town library. I would recommend if your looking for a quite small suburban place to live. "
    1
    Flag
  • Janinepschoen
    "We just moved in a week ago and absolutely love the neighborhood, the people and the entire town of Mount Prospect. This is definitely out forever neighborhood. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1505 E Cedar Ln

  • What is 1505 E Cedar Ln estimated to be worth?
    Trulia's estimated value for 1505 E Cedar Ln in Mount Prospect, IL is $537,700.
  • What is the price history for 1505 E Cedar Ln?
    1505 E Cedar Ln in Mount Prospect, IL last sold for $325,000 in May 2019.
  • Is Mount Prospect a buyer's or seller's market?
    Mount Prospect is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Mount Prospect?
    The median sale price in Mount Prospect is $434K. That is up $20.17K from the prior month.
  • Does 1505 E Cedar Ln have air conditioning?
    Yes, 1505 E Cedar Ln in Mount Prospect, IL has air conditioning.
  • Does 1505 E Cedar Ln have laundry facilities?
    Yes, 1505 E Cedar Ln in Mount Prospect, IL has in-unit laundry.

Explore by feature - Pet Friendly

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Off Market Homes Near 1505 E Cedar Ln

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