$588,200
- 4 Beds
- 2.5 Baths
- 1,918 sqft
1602 E Cedar Ln, Mount Prospect, IL 60056
Est. Refi. Payment $4,292/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 16, 2020 for $374,000
Home Value
Trulia Estimate
$588KSince last month
Decreased$4K (-0.6%)Since last year
Increased$38K (+6.9%)Since last sale
Increased$214K (+57.3%)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 +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $588K |
| August 2026 | $592K |
| July 2026 | $593K |
| June 2026 | $613K |
| May 2026 | $594K |
| April 2026 | $589K |
| March 2026 | $576K |
| February 2026 | $549K |
| January 2026 | $543K |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $715,000 | 02/05/26 | 4 | 3 | 2,564 | |
0.10 | Single-Family Home | $545,000 | 10/16/25 | 3 | 2 | 1,528 | |
0.24 | Single-Family Home | $540,000 | 03/13/26 | 3 | 2.5 | 1,887 | |
0.26 | Single-Family Home | $500,000 | 12/15/25 | 3 | 2 | 1,800 | |
0.18 | Single-Family Home | $715,000 | 01/16/26 | 4 | 2 | 2,564 | |
0.39 | Single-Family Home | $550,000 | 06/15/26 | 4 | 2.5 | 1,944 | |
0.49 | Single-Family Home | $400,000 | 06/29/26 | 4 | 3 | 2,462 | |
0.29 | Single-Family Home | $687,000 | 07/31/26 | 4 | 2.5 | 2,504 | |
0.41 | Single-Family Home | $465,000 | 07/24/26 | 3 | 2 | 1,837 | |
0.35 | Single-Family Home | $550,000 | 12/09/25 | 4 | 2.5 | 2,460 |
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 | $502,500 | 4 | 2.5 | 2,100 | Off Market | |
0.04 | $628,200 | 4 | 3 | 1,901 | Off Market | |
0.05 | $692,900 | 4 | 2.5 | - | Off Market | |
0.07 | $705,100 | 3 | 2.5 | - | Off Market | |
0.10 | $574,600 | 3 | 2 | 1,528 | Off Market | |
0.09 | $605,800 | 4 | 2.5 | 1,805 | Off Market | |
0.11 | $881,500 | 3 | 2.5 | 2,284 | Off Market | |
0.13 | $466,900 | 3 | 2.5 | 1,445 | Off Market | |
0.13 | $668,400 | 4 | 2 | 2,663 | Off Market | |
0.12 | $675,300 | 4 | 2.5 | - | Off Market | |
0.15 | $531,400 | 3 | 2 | - | Off Market | |
0.15 | $693,500 | 4 | 2.5 | 2,800 | Off Market |
Local Information
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Home Highlights
Single-Family Home
Built in 1968
1,918 sqft
$307/sqft
Garage
About this House
LOCATED IN A POPULAR HERSEY HIGH SCHOOL NEIGHBORHOOD, THAT OFFERS SIDEWALKS & UNDERGROUND UTILITIES, THIS LARGE HOME OFFERS 4 LEVELS OF LIVING SPACE! BEGINNING AT THE COVERED FRONT PORCH THAT LEADS TO THE MAIN LEVEL, YOU WILL FIND FOYER ENTRY, BIG FAMILY ROOM W/GAS FIREPLACE, CLOSET & SLIDER TO YARD, POWDER ROOM & FIRST FLOOR LAUNDRY ROOM! JUST A COUPLE STEPS UP FROM THE FOYER OR THE FAMILY ROOM YOU'LL FIND THE OPEN & AIRY LIVING & DINING ROOMS, WITH VAULTED CEILINGS AND A LARGE EAT-IN KITCHEN WITH PANTRY & PICTURE WINDOW OVERLOOKING THE BACKYARD! ALL BR'S ARE UPSTAIRS, INCLUDING A LARGE MASTER BR WITH TRIPLE CLOSETS & AN ENSUITE BATHROOM! THE FINISHED BASEMENT IS ANOTHER GREAT LIVING AREA WITH A REALLY BIG REC ROOM, LOTS OF STORAGE AND A UTILITY ROOM/WORKSHOP! LARGE BACKYARD AND A ONE YEAR HOME WARRANTY FOR A BUYER'S PEACE OF MIND! ADDL FEATURES INCLUDE HARDWOOD FLOORING (EXCEPT FR & BASEMENT), CONCRETE DRIVEWAY & VERY CLOSE TO SCHOOLS, COMMUNITY POOL, WEISS REC CENTER, SYCAMORE PARK, WITH PLAYGROUND & TENNIS COURTS, RANDHURST VILLAGE, THE METRA & THE ROB ROB GOLF COURSE! LOCATED IN THE NEWEST SECTION OF THIS NEIGHBORHOOD, THIS WONDERFUL HOME HAS A GREAT FAMILY FLOOR PLAN & IS WAITING FOR A NEW FAMILY TO MAKE IT THEIR OWN!
1602 E Cedar Ln, Mount Prospect, IL 60056 is a 4 bedroom, 3 bathroom, 1,918 sqft single-family home built in 1968. It last sold for $374,000 on Jul 16, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $588,200, with a rent estimate of $4,130/month.
Home Details for 1602 E Cedar Ln
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Interior Details BasementNumber of Rooms: 8Types of Rooms: Dining Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood, Linoleum Vinyl, Slate |
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Exterior Home Features Roof: Asphalt, OtherExterior: Brick |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: Single Family HomeArchitecture: split level |
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Units in Building: 1 |
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Lot Area: 9147 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 16, 2020 Source: MRED as distributed by MLS GRID #10709064 | Sold | $374,000 |
Jun 18, 2020 Source: Agent Provided | Pending | $399,900 |
May 26, 2020 Source: Agent Provided | PriceChange | $399,900 Price decreased by 5% |
May 8, 2020 Source: Agent Provided | Listed For Sale | $419,999 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $11,076 | $390,000 |
Home facts updated by county records
Market trends in Mount Prospect
Last updated August 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1602 E Cedar Ln
- What is 1602 E Cedar Ln estimated to be worth?Trulia's estimated value for 1602 E Cedar Ln in Mount Prospect, IL is $588,200.
- What is the price history for 1602 E Cedar Ln?1602 E Cedar Ln in Mount Prospect, IL last sold for $374,000 in July 2020.
- 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 1602 E Cedar Ln have air conditioning?Yes, 1602 E Cedar Ln in Mount Prospect, IL has air conditioning.
- Does 1602 E Cedar Ln have laundry facilities?Yes, 1602 E Cedar Ln in Mount Prospect, IL has in-unit laundry.

