515 S School St, Mount Prospect, IL 60056
Property image
Property image
OFF MARKET

$716,800

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,125 sqft

515 S School St, Mount Prospect, IL 60056

Refinance Your Home
Currently Off Market - Sold Mar 24, 2017 for $430,000

Home Value

Trulia Estimate
$717K
Since last month
Decreased$4K (-0.5%)
Since last year
Increased$62K (+9.5%)
Since last sale
Increased$285K (+66.3%)
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 +79% in the last 10 years
MonthEstimated value
2026
August 2026$715K
August 2026$715K
July 2026$719K
June 2026$728K
May 2026$714K
April 2026$701K
March 2026$685K
February 2026$656K
January 2026$646K
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
503 S School St, Mount Prospect, IL
0.07
Single-Family Home
$440,000
07/17/26
3
2
1,972
514 S Owen St, Mount Prospect, IL
0.03
Single-Family Home
$605,000
07/10/26
3
2.5
1,530
207 E Berkshire Ln, Mount Prospect, IL
0.19
Single-Family Home
$477,000
10/21/25
3
1.5
1,382
602 S Edward St, Mount Prospect, IL
0.22
Single-Family Home
$645,000
05/04/26
3
2.5
2,335
407 E Berkshire Ln, Mount Prospect, IL
0.24
Single-Family Home
$545,000
03/06/26
3
2
1,833
713 S William St, Mount Prospect, IL
0.27
Single-Family Home
$551,000
06/03/26
3
2
1,878
105 E Council Trl, Mount Prospect, IL
0.21
Single-Family Home
$645,000
06/29/26
3
3
1,584
607 S George St, Mount Prospect, IL
0.32
Single-Family Home
$450,000
08/24/26
4
2
2,121
502 S Louis St, Mount Prospect, IL
0.17
Single-Family Home
$599,000
07/13/26
3
2.5
1,340
513 S William St, Mount Prospect, IL
0.13
Single-Family Home
$495,000
07/27/26
4
1.5
1,186

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
514 S Owen St, Mount Prospect, IL 60056
0.03
$605,000
3
2.5
1,530
Recently Sold
501 S School St, Mount Prospect, IL 60056
0.09
$552,200
3
1.5
1,517
Off Market
500 S Owen St, Mount Prospect, IL 60056
0.09
$697,400
4
2.5
2,041
Off Market
609 S School St, Mount Prospect, IL 60056
0.09
$545,300
3
1.5
1,495
Off Market
501 E Shabonee Trl, Mount Prospect, IL 60056
0.10
$548,500
3
2.5
1,814
Off Market
502 S William St, Mount Prospect, IL 60056
0.11
$605,100
4
1.5
2,800
Off Market
513 S William St, Mount Prospect, IL 60056
0.13
$495,000
4
1.5
1,186
Recently Sold
601 S William St, Mount Prospect, IL 60056
0.13
$533,800
3
1.5
1,800
Off Market
505 S William St, Mount Prospect, IL 60056
0.14
$522,200
3
2
1,200
Off Market
609 S William St, Mount Prospect, IL 60056
0.16
$569,100
3
2
1,600
Off Market
502 S Louis St, Mount Prospect, IL 60056
0.17
$599,000
3
2.5
1,340
Recently Sold
207 E Berkshire Ln, Mount Prospect, IL 60056
0.19
$497,200
3
1.5
1,382
Off Market

Local Information

  • Map ViewExplore the area around 515 S School St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1959
2,125 sqft
$337/sqft
Garage

About this House

This single-family home is located at 515 S School St, Mount Prospect, IL. 515 S School St is in Mount Prospect, IL and in ZIP code 60056. This property has 3 bedrooms, 3 bathrooms and approximately 2,125 sqft of floor space. This property has a lot size of 8407 sqft and was built in 1959.
515 S School St, Mount Prospect, IL 60056 is a 3 bedroom, 3 bathroom, 2,125 sqft single-family home built in 1959. It last sold for $430,000 on Mar 24, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $716,800, with a rent estimate of $4,832/month.

Home Details for 515 S School St

Interior Features

Interior Details
BasementNumber of Rooms: 8
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
Dishwasher
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: StonePatioPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 8407 sqft

Price and Tax history

DateEventPrice
Mar 24, 2017
Source: MRED as distributed by MLS GRID #09476243
Sold
$430,000
Jan 21, 2017
Source: Agent Provided
Pending
$449,000
Jan 12, 2017
Source: Agent Provided
PriceChange
$449,000
Price decreased by 5%
Nov 5, 2016
Source: Agent Provided
Listed For Sale
$475,000
Dec 20, 2004
Source: N/A
Sold
$435,000

Market trends in Mount Prospect

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • 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 515 S School St

  • What is 515 S School St estimated to be worth?
    Trulia's estimated value for 515 S School St in Mount Prospect, IL is $716,800.
  • What is the price history for 515 S School St?
    515 S School St in Mount Prospect, IL last sold for $430,000 in March 2017.
  • 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 515 S School St have air conditioning?
    Yes, 515 S School St in Mount Prospect, IL has air conditioning.
  • How big is the lot at 515 S School St?
    The lot at 515 S School St in Mount Prospect, IL is about 0.19 acres (8,407 sq ft).

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Off Market Homes Near 515 S School St

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