$505,500
- 4 Beds
- 2 Baths
- 2,000 sqft
316 S Mount Prospect Rd, Mount Prospect, IL 60056
Est. Refi. Payment $3,552/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 23, 2026 for $375,000 (6% below list price)
Home Value
Trulia Estimate
$506KSince last month
Increased$3K (+0.6%)Since last year
Increased$77K (+17.9%)Since last sale
Increased$131K (+34.8%)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 | $506K |
| August 2026 | $503K |
| July 2026 | $503K |
| June 2026 | $394K |
| May 2026 | $394K |
| April 2026 | $393K |
| March 2026 | $378K |
| February 2026 | $376K |
| January 2026 | $391K |
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 |
|---|---|---|---|---|---|---|---|
0.28 | Single-Family Home | $390,000 | 12/05/25 | 4 | 1.5 | 2,266 | |
0.14 | Single-Family Home | $377,000 | 11/05/25 | 3 | 2 | 1,312 | |
0.05 | Single-Family Home | $510,000 | 10/03/25 | 3 | 2 | 1,338 | |
0.06 | Single-Family Home | $503,000 | 06/23/26 | 3 | 2 | 1,200 | |
0.17 | Single-Family Home | $483,000 | 07/13/26 | 4 | 2 | 2,214 | |
0.38 | Single-Family Home | $450,000 | 08/24/26 | 4 | 2 | 2,121 | |
0.36 | Single-Family Home | $373,000 | 05/11/26 | 3 | 1.5 | 2,300 |
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 |
|---|---|---|---|---|---|---|
0.04 | $436,700 | 3 | 1 | 1,207 | Off Market | |
0.06 | $503,000 | 3 | 2 | 1,200 | Recently Sold | |
0.05 | $532,900 | 3 | 2 | 1,338 | Off Market | |
0.07 | $735,000 | 5 | 4 | 3,000 | Recently Sold | |
0.06 | $599,900 | 5 | 3.5 | 2,171 | For Sale | |
0.10 | $410,500 | 4 | 2 | 1,005 | Off Market | |
0.08 | $755,500 | 5 | 2.5 | 2,008 | Off Market | |
0.10 | $441,000 | 3 | 2 | 1,005 | Off Market | |
0.12 | $435,000 | 3 | 1 | 1,282 | Recently Sold | |
0.14 | $392,100 | 3 | 2 | 1,312 | Off Market | |
0.11 | $431,900 | 3 | 2 | 1,005 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1958
2,000 sqft
$188/sqft
1 Car Garage
About this House
THIS IS IT! A charming all-brick ranch home featuring 4 bedrooms and 2 full baths, this home is perfect for living and entertaining. The home boasts beautiful hardwood floors, a full finished basement, and a bright Florida sunroom for enclosed outdoor relaxation. The kitchen has stainless steel appliances. It has an attached garage and a huge backyard, so there's plenty of room for barbecues and other outdoor enjoyment. Conveniently located near shopping and near the Metra, this home offers both comfort and accessibility. Make this your dream home!
316 S Mount Prospect Rd, Mount Prospect, IL 60056 is a 4 bedroom, 2 bathroom, 2,000 sqft single-family home built in 1958. It last sold for $375,000 on Jan 23, 2026 (6% below the $399,000 asking price). More recently, it was listed as a rental in June 2023 with an asking price of $3,000 per month. That rental listing was removed on July 21, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $505,500, with a rent estimate of $3,427/month.
Last check for updates: about 6 hours ago
Listed by Damone Richardson, (312) 733-7201
Compass
Bought with: Alexander Landowski, (224) 277-5100, Seed Realty LLC
Source: MRED as distributed by MLS GRID, MLS#12422750

Home Details for 316 S Mount Prospect Rd
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MLS Status: Closed |
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Interior Details Basement: Finished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Sun Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2000 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, DisposalDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: Circuit Breakers |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
View No View |
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Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: Yes,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1958 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 08122260220000 |
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Price List Price: $399,000Price Per Sqft: $188/sqft |
Status Change & Dates Off Market Date: Wed Nov 19 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Mount Prospect |
School Information Elementary School District: 57Jr High / Middle School District: 57High School District: 214 |
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HOA Fee Includes: None |
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Lot Area: 8150.076 sqft |
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Special Conditions: None |
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Listing Terms: VA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12422750Back On Market Date: Fri Aug 15 2025 |
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Source Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 23, 2026 Source: MRED as distributed by MLS GRID #12422750 | Sold | $375,000 |
Nov 20, 2025 Source: MRED as distributed by MLS GRID #12422750 | Contingent | $399,000 |
Oct 6, 2025 Source: MRED as distributed by MLS GRID #12422750 | PriceChange | $399,000 Price decreased by 7% |
Sep 8, 2025 Source: MRED as distributed by MLS GRID #12422750 | PriceChange | $429,999 Price decreased by 1% |
Aug 15, 2025 Source: MRED as distributed by MLS GRID #12422750 | PendingToActive | $435,000 |
Jul 28, 2025 Source: MRED as distributed by MLS GRID #12422750 | Contingent | $435,000 |
Jul 17, 2025 Source: MRED as distributed by MLS GRID #12422750 | Listed For Sale | $435,000 |
Jul 21, 2023 Source: Zillow Rentals | ListingRemoved | |
Jun 30, 2023 Source: Zillow Rentals | Listed For Rent | $3,000 |
Sep 11, 2020 Source: MRED as distributed by MLS GRID #10730934 | Sold | $268,000 |
Jul 17, 2020 Source: Agent Provided | Pending | $259,875 |
Jul 14, 2020 Source: Agent Provided | PriceChange | $259,875 Price decreased by 0% |
Jul 6, 2020 Source: Agent Provided | PriceChange | $259,900 Price decreased by 4% |
Jun 1, 2020 Source: Agent Provided | Listed For Sale | $269,900 |
Aug 26, 2004 Source: N/A | Sold | $265,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $7,227 | $268,010 |
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

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 316 S Mount Prospect Rd
- What is 316 S Mount Prospect Rd estimated to be worth?Trulia's estimated value for 316 S Mount Prospect Rd is $505,500.
- What is the price history for 316 S Mount Prospect Rd?316 S Mount Prospect Rd last sold for $375,000 in January 2026.
- 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 316 S Mount Prospect Rd have air conditioning?Yes, 316 S Mount Prospect Rd has air conditioning.
- Does 316 S Mount Prospect Rd have laundry facilities?Yes, 316 S Mount Prospect Rd has in-unit laundry.

