531 E Lincoln St, Mount Prospect, IL 60056
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FOR RENT
APPLY INSTANTLY

$2,250/mo

Original price: $2,300
  • 3 Beds
  • 1.5 Baths
  • 1,300 sqft

531 E Lincoln St, Mount Prospect, IL 60056

Available now
Cost and fees breakdown
Price may not include required fees and charges.
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Home Highlights

Townhouse
No Pets
Washer, Dryer
$2,250 deposit
Forced Air, Central & Central Air

Local Information

  • Map ViewExplore the area around 531 E Lincoln St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to your new home in Mount Prospect! This spacious 3-bedroom rental offers a fantastic location with plenty of room to live, relax, and entertain.
 Property Features
 3 bedrooms
 1 bathrooms
 Full basement recreation room great for a family room or game room
 Parking on property
 Walk to the Mount Prospect entertainment district enjoy nearby restaurants, shops, and entertainment
 Walk to the Metra train station convenient for commuters
 Located near District 57 and Prospect High School
 Directly across the street from Lions Park and the Veterans Memorial Band shell
 Prime Location
Enjoy the best of Mount Prospect right outside your door! With Lions Park and the Veterans Memorial Band Shell directly across the street, downtown entertainment just a short walk away, and the Metra station nearby, this home offers both convenience and an excellent community setting.
 Call today to schedule a showing and ASK ABOUT OUR MOVE-IN SPECIALS!
Come see why this could be the perfect place to call home!

Tenant pays for Water, Gas, and Electricity. Cable and internet are available as a optional expense. No Pets allowed, no smoking allowed, Assigned parking provided.

Details for 531 E Lincoln St

Interior Features

Heating & Cooling
Heating: Central, Forced AirAir ConditioningHeating Fuel: Central
Appliances & Utilities
DryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Tile

Days on Market

Days on Market: 45 days on Trulia

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: nowDeposit: $2,250

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $2,250/mo
Required one-time fees
  • Security deposit
    $2,250
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Mount Prospect

Last updated Sep 2026
Trulia Rent Estimate$2,760/mo
Average rent
$2.2K
$400MoM
Available listings
55
View rental market trends in Mount Prospect, IL

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. "
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  • Jillian
    "Commuter suburbs that also has everything you need. Plus friendly people. Good for families as the schools are rated well. "
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  • 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
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  • 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."
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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
    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
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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

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: Zillow Rentals
PriceChange
$2,250
Price decreased by 2%
Aug 3, 2026
Source: Zillow Rentals
Listed For Rent
$2,300
Feb 24, 2021
Source: N/A
ListingRemoved
Oct 4, 2020
Source: N/A
ListingRemoved
$1,600
Sep 26, 2020
Source: N/A
PriceChange
$1,600
Price decreased by 3%

Frequently asked questions about 531 E Lincoln St

  • What income do you need to rent 531 E Lincoln St?
    Most landlords look for monthly gross income of about 3× rent, or roughly $80K per year to rent 531 E Lincoln St in Mount Prospect, IL at $2,250/mo.
  • How does the rent for 531 E Lincoln St compare to similar 3-bedroom townhomes in Mount Prospect?
    531 E Lincoln St in Mount Prospect, IL rents about 10% below the area average for 3-bedroom townhomes in Mount Prospect ($2,500/mo).
  • What are the closest schools to 531 E Lincoln St?
    The closest schools to 531 E Lincoln 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).
  • What do residents say about Mount Prospect?
    Residents describe Mount Prospect, IL as dog-friendly, pedestrian-friendly, and easy to park in. See apartments for rent in Mount Prospect, IL.
  • Does 531 E Lincoln St have laundry facilities?
    Yes, 531 E Lincoln St in Mount Prospect, IL has in-unit laundry.
  • Does 531 E Lincoln St have parking?
    Yes, 531 E Lincoln St in Mount Prospect, IL has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$81,000 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

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531 E Lincoln St, Mount Prospect, IL is a 3 bedroom, 2 bathroom, 1,300 sqft townhouse. 531 E Lincoln St was listed for rent for $2,250/month on Aug 3, 2026.