This home's estimate is 24.7% higher than the average sale price ($560K) of 6 comparable homes.
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1520 S Mt Prospect Rd, Des Plaines, IL 60018
About this home
CASH OFFERS ONLY * * * INVESTOR ALERT - MUST SEE: BRICK 3 UNITS W SEPARATE/CENTRAL AIR CONDITIONING/GAS FORCED HEAT +SEPARATE TANKLESS HOT WATER HEATERS & PARKING FOR 4+ CARS IN BACK & SIDE DRIVEWAY. * * GROSS RENTAL INCOME OF $43,080 +$2,000 OF COIN LAUNDRY INCOME = $45,080 PER YEAR. ROOM TO INCREASE RENTS MAKES THIS A WINNER. Garden Unit [JUST REHABBED] $1,100 per Month (Lease Exp: 3/2019) 1st Floor [17 YRS SAME TENANT] $1190 per Month (Lease is MTM) 2nd Floor $1300 per Month (Lease Exp: 4/2020) CONTEST TAXES TO FURTHER IMPROVE INVESTMENT RETURN - WON'T LAST LONG!! SOLD IN "AS IS" CONDITION. * * * * FANTASTIC LOCATION SANDWICHED BETWEEN EINSTEIN PARK, PRAIRIE LAKES PARK, MAJEWSKI METRO PARK & A 6 MINUTE WALK TO SHOPPING AT SAM'S CLUB. LESS THAN A MILE TO I-90, NEARBY TO I-290 & I-294 ACCESS, 6 MILES TO O'HARE AIRPORT, 7 MILES TO WOODFIELD MALL & 20 MILES TO DOWNTOWN.
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Market trends in 60018, IL
Last updated August 2026
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Provided by Redfin
Sale history for 1520 S Mt Prospect Rd
Tax history for 1520 S Mt Prospect Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-3
Townhouse Residential District
The purpose of the R-3 townhouse residential district is to provide a residential environment for townhouses and multiple-family dwellings.Include but are not limited to:
- Housing-Multiple units
- Housing-Senior
- Bed & breakfast
- Educational/school
- Library
- Park & open space
Property details
Parking
- Parking Information
- # of Cars: 4
- # of Exterior Parking Spaces: 4
- Parking Space(s)
- Unassigned Parking, Side Apron, Driveway
- Parking On-Site
- Parking Ownership: Owned Parking
Interior
- Bedroom Information
- # of Bedrooms: 8
- # of Bedrooms (Above Grade): 8
- Bathroom Information
- # of Baths (Full): 3
- # of Baths (1/2): 2
- Additional Rooms Information
- Maid Room
- Equipment
- Cable TV, Carbon Monoxide Detectors, Ceiling Fan, Multiple Water Heaters
- Heating & Cooling
- Gas Heating, Forced Air Heating
- Community Information
- Park/Playground, Curbs/Gutters, Sidewalks, Street Lights, Paved Street
- Multi-Family Information
- 3 Bedroom Unit(s) in Building
- Unit 1 Information
- # of Rooms: 4
- # of Beds: 2
- # of Baths (Full): 1
- Floor #: 1
- Stove, Refrigerator
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Rent: $1,100
- Lease Expiration Date: MTM
- Unit 2 Information
- # of Rooms: 5
- # of Beds: 3
- # of Baths (Full): 1
- # of Baths (1/2): 1
- Floor #: 2
- Stove, Refrigerator
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Rent: $1,300
- Lease Expiration Date: MTM
- Unit 3 Information
- # of Rooms: 5
- # of Beds: 3
- # of Baths (Full): 1
- # of Baths (1/2): 1
- Floor #: 3
- Stove, Refrigerator
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Rent: $1,190
- Lease Expiration Date: TBD
Exterior
- Building Information
- # of Units: 3
- Built Before 1978
- Recent Rehab (Y/N): Yes
- Age: 51-60 Years
- Brick Exterior
- Concrete Foundation
- Asphalt/Glass Roof (Shingles)
- Property Features
- Cable Access
- Tankless Hot Water Heater
- Lot Information
- Dimensions: 48X100
- Less Than .25 Acre
- Zoning: MULTI
- Property Information
- # of Rooms: 14
- Ownership: Fee Simple
- Rehab Year: 2018
- Parcel Identification Number: 08244030260000
Financial
- Financial Information
- Tax: $11,190.99
- Tax Year: 2017
- Special Service Area: N
- Total Rental Income: $40,680
- Gross Rental Income: $42,680
- Other Additional Income: Coin Laundry
- Finance Code: Cash
Utilities
- Utility Information
- Water: Lake Michigan, Public
- Sewer (Public)
Location
- School Information
- Elementary School: Devonshire School
- Elementary School District: 59
- Junior High: Friendship Junior High School
- Junior High District: 59
- High School: Elk Grove High School
- High School District: 214
- Location Information
- Township: Elk Grove
- Corporate Limits: Des Plaines
- Directions: MT PROSPECT NORTH OF OAKTON
Public facts
- Beds: 6
- Baths: 3.5
- Sq. Ft.: 3,912
- Stories: 2.0
- Lot Size: 4,821 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1965
- Year Renovated: —
- County: Cook County
- APN: 08244030260000
Other
- Listing Information
- Sale Price Includes Parking
- Possession: Closing, Tenant's Rights
- Holds Earnest Money: Yes
- Sale Terms: Cash Only
- Seller Concessions: Yes
- Seller Concessions Amount/Points: 985
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 0.7mi
Public 9-12 • Assigned • 4.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
5 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 60018
Home values near 1520 S Mt Prospect Rd
| Address | Redfin Estimate |
|---|---|
6 Beds | 2.5 Baths | 2968 Sq. Ft. | $555,927 |
8 Beds | 4 Baths | - Sq. Ft. | $703,781 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1490 Sq. Ft. | $397,299 |
5 Beds | 2.5 Baths | 2859 Sq. Ft. | $582,005 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1501 Sq. Ft. | $415,448 |
3 Beds | 2 Baths | 1295 Sq. Ft. | $404,006 |
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