516 S Main St, Mount Prospect, IL 60056
Property image
Property image
UNDER CONTRACT
0.27 ACRES

$450,000

  • 3 Beds
  • 1.5 Baths
  • 1,042 sqft (on 0.27 acres)

516 S Main St, Mount Prospect, IL 60056

Est. Mortgage $3,235/mo*
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Home Highlights

Single-Family Home
Built in 1953
0.27 acre lot
$432/sqft
1 Car Garage

Local Information

  • Map ViewExplore the area around 516 S Main St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This one-owner ranch family dream home is located on a large lot and is nestled on a tree lined street just blocks from the Metra Station, bustling downtown Mt. Prospect and the newly renovated (due to be complete in early 2027) Lions Park. It features a living room, dining room, eat-in kitchen, family room, three bedrooms and a double-vanity bathroom! The partially finished basement has a bar for entertaining, a powder room, lots of room to add a playroom, office, or craftroom. There is even a separate laundry area and workshop! With it's large backyard and extra vacant land under common ownership with adjacent residence, there's room for expansion.
Last check for updates: about 14 hours ago
Listing courtesy of: Donna Locher, (847) 502-1002
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#12732103
Also Listed on MRED as distributed by MLS GRID.

Home Details for 516 S Main St

Active Status

MLS Status: Contingent

Interior Features

Interior Details
Basement: Partially Finished,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1042 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, RefrigeratorDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Door: Pocket Door(s)Flooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability AccessFloors: Wood
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: Shed(s)
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Driveway,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 38

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionHas Additional ParcelsIs Habitable Residence
Property Information
Parcel Number: 08123080230000Additional Parcels Description: 08123080330000

Price & Status

Price
List Price: $450,000Price Per Sqft: $432
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Mount Prospect
School Information
Elementary School: Lions Park Elementary SchoolElementary School District: 57Jr High / Middle School: Lincoln Junior High SchoolJr High / Middle School District: 57High School: Prospect High SchoolHigh School District: 214

Agent Information

Listing Agent
Listing ID: 12732103

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: None

Offer

Contingencies: Attorney/Inspection

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12732103Zillow Contingency Status: Under ContractBack On Market Date: Sun Aug 23 2026

Additional Information

Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes

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
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  • 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
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  • 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
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  • 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
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  • 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."
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  • Edgar M.
    "very friendly neighbourhood with lots to offer and many places to visit. lots to offer and very safe as well."
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  • 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
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  • 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
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  • 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
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  • Ken F.
    "Reasonable driving to suburban office & quick and easy if taking metro downtown office, metro is very convenient "
    0
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  • 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

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

Home Value

Trulia Estimate
$451K
Since last month
Increased$500 (+0.1%)
Since last year
Increased$98K (+27.6%)
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 +73% in the last 10 years
MonthEstimated value
2026
September 2026$451K
August 2026$451K
July 2026$390K
June 2026$393K
May 2026$371K
April 2026$380K
March 2026$370K
February 2026$347K
January 2026$344K
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
506 S Main St, Mount Prospect, IL
0.05
Single-Family Home
$567,000
06/22/26
3
2
1,650
519 S Main St, Mount Prospect, IL
0.05
Single-Family Home
$615,000
09/15/26
3
2
2,563
306 W Lonnquist Blvd, Mount Prospect, IL
0.36
Single-Family Home
$410,000
06/26/26
3
2
1,100
207 E Berkshire Ln, Mount Prospect, IL
0.27
Single-Family Home
$477,000
10/21/25
3
1.5
1,382
3 W Berkshire Ln, Mount Prospect, IL
0.16
Single-Family Home
$750,000
08/07/26
3
2
2,741
401 S Pine St, Mount Prospect, IL
0.23
Single-Family Home
$430,000
05/01/26
3
1.5
1,800
522 W Council Trl, Mount Prospect, IL
0.39
Single-Family Home
$553,500
10/30/25
3
2
1,405

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
515 S Wille St, Mount Prospect, IL 60056
0.03
$856,400
4
3
3,200
Off Market
519 S Main St, Mount Prospect, IL 60056
0.05
$615,000
3
2
2,563
Recently Sold
510 S Main St, Mount Prospect, IL 60056
0.03
$414,300
3
1
1,244
Off Market
506 S Main St, Mount Prospect, IL 60056
0.05
$567,000
3
2
1,650
Recently Sold
518 S Emerson St, Mount Prospect, IL 60056
0.07
$1,133,300
5
4.5
3,385
Off Market
507 S Main St, Mount Prospect, IL 60056
0.06
$626,700
3
2
2,494
Off Market
501 S Wille St, Mount Prospect, IL 60056
0.08
$540,300
3
2
1,957
Off Market
20 W Shabonee Trl, Mount Prospect, IL 60056
0.10
$367,600
3
1
1,217
Off Market
101 W Shabonee Trl, Mount Prospect, IL 60056
0.11
$533,000
3
1.5
1,679
Off Market
509 S Pine St, Mount Prospect, IL 60056
0.11
$608,800
3
2.5
1,359
Off Market
100 W Berkshire Ln, Mount Prospect, IL 60056
0.14
$755,700
4
2.5
3,193
Off Market
3 W Berkshire Ln, Mount Prospect, IL 60056
0.16
$750,000
3
2
2,741
Recently Sold

Price and Tax history

DateEventPrice
Aug 26, 2026
Source: MRED as distributed by MLS GRID #12732103
Contingent
$450,000
Aug 23, 2026
Source: MRED as distributed by MLS GRID #12732103
PendingToActive
$450,000
Aug 17, 2026
Source: MRED as distributed by MLS GRID #12732103
Contingent
$450,000
Aug 14, 2026
Source: MRED as distributed by MLS GRID #12732103
Listed For Sale
$450,000

LGBTQ Local Legal Protections

Donna Locher, @properties Christie's International Real Estate
Agent Phone: (847) 502-1002
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

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Frequently asked questions about 516 S Main St

  • What is the estimated monthly payment for 516 S Main St?
    Based on a $450,000 list price with 20% down at today's rates, the estimated monthly payment for 516 S Main St in Mount Prospect, IL is approximately $3,273 (about $2,452 principal & interest, $746 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 516 S Main St compare to homes in Mount Prospect?
    516 S Main St in Mount Prospect, IL is listed at $450,000, about 4% above the $434K median sale price in Mount Prospect.
  • What do residents say about Mount Prospect?
    Residents describe Mount Prospect, IL as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Mount Prospect, IL.
  • What are the closest schools to 516 S Main St?
    The closest schools to 516 S Main St in Mount Prospect, IL are Lincoln Middle School (rated 7/10), Lions Park Elementary School (rated 9/10), Prospect High School (rated 10/10).
  • Does 516 S Main St have air conditioning?
    Yes, 516 S Main St in Mount Prospect, IL has air conditioning.
  • Does 516 S Main St have laundry facilities?
    Yes, 516 S Main St in Mount Prospect, IL has laundry facilities.
516 S Main St, Mount Prospect, IL 60056 is a 3 bedroom, 2 bathroom, 1,042 sqft single-family home built in 1953. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Aug 14, 2026. The MLS # for this home is MLS# 12732103.