501 E Prospect Ave #2C
Mount Prospect, IL 60056
- 1 Bed
- 30,500 sqft
$192,400
as of Aug 13, 2026
$192,400
as of Aug 13, 2026
1 Bed
30,500 sqft
Home Value
Trulia Estimate
$192KSince last month
Increased$9K (+5%)Since last year
Increased$28K (+17.2%)Since last sale
Increased$89K (+86.8%)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 +111% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $192K |
| July 2026 | $180K |
| June 2026 | $183K |
| May 2026 | $169K |
| April 2026 | $175K |
| March 2026 | $166K |
| February 2026 | $161K |
| January 2026 | $165K |
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 |
|---|---|---|---|---|---|---|---|
0.26 | Condo | $518,000 | 05/12/26 | 3 | - | 39,300 | |
0.67 | Condo | $280,000 | 11/07/25 | 1 | - | 178,000 | |
0.57 | Condo | $295,000 | 08/26/25 | 1 | - | 384,000 | |
0.60 | Condo | $270,000 | 02/19/26 | 1 | 1 | 1,110 | |
0.10 | Condo | $330,000 | 09/04/25 | 2 | 2 | 1,200 | |
0.98 | Condo | $149,000 | 05/01/26 | 1 | - | 9,400 | |
0.98 | Condo | $154,000 | 11/04/25 | 1 | - | 9,400 | |
0.67 | Condo | $340,000 | 05/14/26 | 2 | - | 178,000 | |
1.47 | Condo | $138,500 | 04/14/26 | 1 | - | 71,600 | |
0.57 | Condo | $365,000 | 01/05/26 | 2 | - | 384,000 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
0.00 | $168,100 | 1 | 1 | 714 | Off Market | |
0.00 | $165,000 | 1 | 1 | 800 | Off Market | |
0.00 | $190,900 | 1 | 1 | 800 | Off Market | |
0.03 | $307,200 | 3 | 1.5 | 1,176 | Off Market | |
0.03 | $297,700 | 3 | 1.5 | 1,100 | Off Market | |
0.03 | $311,700 | 3 | 1.5 | 1,280 | Off Market | |
0.03 | $342,600 | 3 | 1.5 | 1,280 | Off Market | |
0.10 | $421,600 | 3 | 2 | 1,120 | Off Market | |
0.16 | $337,800 | 2 | 1.5 | 1,131 | Off Market | |
0.15 | $465,000 | 3 | 1 | 1,014 | Off Market | |
0.16 | $265,000 | 2 | 2.5 | 1,668 | Recently Sold | |
0.10 | $774,700 | 4 | 2.5 | 2,900 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1967
Living Area
30,500 sqft
Price/Sqft
$6
About this House
This condo is located at 501 E Prospect Ave #2C, Mount Prospect, IL. 501 E Prospect Ave #2C is in Mount Prospect, IL and in ZIP code 60056. This property has 1 bedroom and approximately 30,500 sqft of floor space. This property has a lot size of 1.05 acres and was built in 1967.
501 E Prospect Ave #2C, Mount Prospect, IL 60056 is a 1 bedroom, 30,500 sqft condo built in 1967. It last sold for $103,000 on Aug 10, 2006. It is currently off market. The Trulia Estimate is $192,400, with a rent estimate of $2,458/month.
Home Details for 501 E Prospect Ave #2C
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Heating & Cooling Heating: Forced AirCooling System: WallHeating Fuel: Forced Air |
Interior Details Number of Rooms: 3 |
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Year Built Year Built: 1967 |
Property Type / Style Property Type: Condo |
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Exterior Home Features Exterior: Brick |
Parking & Garage Parking Space: 1 |
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Units in Building: 1 |
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Lot Area: 1.05 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 10, 2006 Source: N/A | Sold | $103,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $87,780 |
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.
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Apartments for Rent
Homes for sale near 501 E Prospect Ave #2C
Off Market Homes Near 501 E Prospect Ave #2C
Frequently asked questions about 501 E Prospect Ave #2C
- What is 501 E Prospect Ave #2C estimated to be worth?Trulia's estimated value for 501 E Prospect Ave #2C in Mount Prospect, IL is $192,400.
- What is the price history for 501 E Prospect Ave #2C?501 E Prospect Ave #2C in Mount Prospect, IL last sold for $103,000 in August 2006.
- 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 501 E Prospect Ave #2C have air conditioning?Yes, 501 E Prospect Ave #2C in Mount Prospect, IL has air conditioning.
- Does 501 E Prospect Ave #2C have parking?Yes, 501 E Prospect Ave #2C in Mount Prospect, IL has on-site parking.