OFF MARKET

Off market aug 2021 for $675K

$919,083

Est. refi paymentEst. refi $4,982/mo

•

2,660

sq ft

116 S Lancaster St, Mount Prospect, IL 60056

About this home

Your dream home is finally available in Mount Prospect! Stunning Colonial in sought after We Go Park with a large addition AND a 2-car attached garage. This home sits on an oversized lot, .35 of an acre. Great features include updated kitchen, updated baths, 2 fireplaces, gleaming hardwood floors on both levels, huge 1st floor family room with wet bar, formal dining room, basement w/rec room, screen porch, paver brick patio and a huge private yard. Great location, hidden We Go Park is only steps away and the Metra Train station is only 1 mile away. This home is in exceptional condition and shows very well!

Single-familyProperty Type

1963Year Built

0.35 acresLot Size

$346Est. Price/Sq.Ft.

2 car garageParking

Listed by Thomas Zander • Picket Fence Realty Mt. Prospect

Bought with Mark Kloss • @properties Christie's International Real Estate

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11131869

Redfin Estimate

$919,083

$244K since sold in August 2021$12K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.4% higher than the average sale price ($655K) of 6 comparable homes.

SOLD OCT 15, 2026
$505,000
A
3 beds2 baths1,824 sq ft
107 S Weller Ln, Mount Prospect, IL 60056
SOLD SEP 9, 2026
$958,000
B
4 beds3 baths2,434 sq ft
1520 W Lonnquist Blvd, Mount Prospect, IL 60056
SOLD OCT 2, 2026
$657,500
C
4 beds2.5 baths2,254 sq ft
2505 E Mayfair Rd, Arlington Heights, IL 60004
SOLD JUN 1, 2026
$599,000
D
4 beds2.5 baths2,984 sq ft
22 Audrey Ln, Mount Prospect, IL 60056
SOLD SEP 10, 2026
$459,000
E
4 beds3 baths2,990 sq ft
114 N Lancaster St, Mount Prospect, IL 60056
SOLD MAR 19, 2026
$750,000
F
4 beds2.5 baths2,373 sq ft
703 W Man A Wa Trl, Mount Prospect, IL 60056

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Earn from this home

Sell

$389,846

Est. take-home

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Refinance

Est. cash available

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Rent

$3,347/mo

Redfin rental estimate

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Market trends in 60056, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.5%

0.8% MoM

Median sale price

$466K

$4K MoM

Avg. days on market

48d

2 days MoM

Recently sold homes

161

12 MoM

New listings for sale

OPEN TODAY, 12PM TO 3PM
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1205 E Ironwood Dr, Mount Prospect, IL 60056
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$450,000
3 beds2 baths1,209 sq ft
517 N Emerson St, Mount Prospect, IL 60056
$559,000
3 beds2 baths1,148 sq ft
217 S Owen St, Mount Prospect, IL 60056
OPEN SUN, 12PM TO 2PM
$299,900
2 beds2 baths1,342 sq ft
1255 W Prospect Ave #101, Mount Prospect, IL 60056
$325,000
3 beds1.5 baths1,770 sq ft
1250 N Wheeling Rd, Mount Prospect, IL 60056
OPEN TODAY, 10AM TO 12PM
$220,000
2 beds2 baths1,104 sq ft
625 W Huntington Commons Rd #405, Mount Prospect, IL 60056
$289,500
3 beds2 baths1,500 sq ft
1777 W Crystal Ln #206, Mount Prospect, IL 60056
OPEN SUN, 11:30AM TO 1:30PM
$525,000
4 beds2 baths2,000 sq ft
724 S Crestwood Ln, Mount Prospect, IL 60056
LISTED BY REDFIN
$407,000
3 beds2.5 baths1,750 sq ft
105 W Dover Dr, Mount Prospect, IL 60056
$269,900
2 beds2 baths1,200 sq ft
1400 N Elmhurst Rd #119, Mount Prospect, IL 60056
See all

Provided by Redfin

Sale history for 116 S Lancaster St

Year

Property tax

Land + Additions

Assessment*

2023

$17,270 (+4.0%)

$18,551 + $50,449

$69,000

2022

$16,606 (+31.0%)

$15,459 + $46,541

$62,000

2021

$12,678 (+1.5%)

$8,502 + $35,517

$44,019

2020

$12,485

$8,502 + $35,517

$44,019

2019

$12,473 (+2.8%)

$8,502 + $40,409

$48,911

2018

$12,129 (−6.2%)

$8,502 + $34,580

$43,082

2017

$12,928 (+13.1%)

$8,502 + $37,016

$45,518

2016

$11,429 (+2.7%)

$8,502 + $37,016

$45,518

2015

$11,126 (+1.6%)

$6,956 + $33,948

$40,904

2014

$10,954 (+0.3%)

$6,956 + $33,948

$40,904

2013

$10,926 (+5.5%)

$6,956 + $33,948

$40,904

2012

$10,355 (+4.0%)

$8,115 + $34,580

$42,695

2011

$9,955 (+2.2%)

$8,115 + $34,580

$42,695

2010

$9,745 (+19.9%)

$8,115 + $34,580

$42,695

2009

$8,130 (−26.7%)

$8,502 + $44,373

$52,875

2008

$11,092 (+27.6%)

$13,603 + $43,252

$56,855

2007

$8,693

$13,603 + $43,252

$56,855

Tax history for 116 S Lancaster St

Year

Property tax

Land + Additions

Assessment*

2023

$17,270 (+4.0%)

$18,551 + $50,449

$69,000

2022

$16,606 (+31.0%)

$15,459 + $46,541

$62,000

2021

$12,678 (+1.5%)

$8,502 + $35,517

$44,019

2020

$12,485

$8,502 + $35,517

$44,019

2019

$12,473 (+2.8%)

$8,502 + $40,409

$48,911

2018

$12,129 (−6.2%)

$8,502 + $34,580

$43,082

2017

$12,928 (+13.1%)

$8,502 + $37,016

$45,518

2016

$11,429 (+2.7%)

$8,502 + $37,016

$45,518

2015

$11,126 (+1.6%)

$6,956 + $33,948

$40,904

2014

$10,954 (+0.3%)

$6,956 + $33,948

$40,904

2013

$10,926 (+5.5%)

$6,956 + $33,948

$40,904

2012

$10,355 (+4.0%)

$8,115 + $34,580

$42,695

2011

$9,955 (+2.2%)

$8,115 + $34,580

$42,695

2010

$9,745 (+19.9%)

$8,115 + $34,580

$42,695

2009

$8,130 (−26.7%)

$8,502 + $44,373

$52,875

2008

$11,092 (+27.6%)

$13,603 + $43,252

$56,855

2007

$8,693

$13,603 + $43,252

$56,855

*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
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

—

Sq. Ft.

2,660

Year built

1959

Style

Single Family Residential

County

Cook County

APN

08111160260000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Concrete

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bath Amenities: Double Sink

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Additional Rooms Information
Dining Room: Separate
Basement: Partial
Basement Description: Finished,Crawl,Storage Space
Laundry Features: Sink

Interior Features
Interior Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Walk-In Closet(s), Bookcases, Separate Dining Room
# of Rooms: 10

Equipment
Appliances: Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven
Humidifier, Security System, Ceiling Fan(s)

Fireplace Information
# of Fireplaces: 2
Fireplace Location: Family Room,Living Room
Fireplace Features: Gas Log, Gas Starter

Exterior

Exterior Features
Exterior Features: Porch Screened, Brick Paver Patio, Storms/Screens

Building Information
Living Area Source: Assessor
Exterior Building Type: Vinyl Siding,Brick
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Detached Single
Property Type: 2 Stories
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 08111160260000

Lot Information
Dimensions: 58X163X150X186
Lot Size: .25-.49 Acre

Financial

Tax Information
Tax Annual Amount: $12,473.29
Tax Year: 2019
Tax Exemptions: Homeowner

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air, Indv Controls, Zoned
Cooling: Central Air, Zoned

Location

Homeowners Association Information
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 57
Elementary School: Lions Park Elementary School
Middle Or Junior School District: 57
Middle Or Junior School: Lincoln Junior High School
High School District: 214
High School: Prospect High School

Location Information
Subdivision Name: We Go Park
Township: Elk Grove
Corporate Limits: Mount Prospect
Directions: Central West of Northwest Hwy to We Go South to Lancaster Southwest

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,660
Stories: 2.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: —
County: Cook County
APN: 08111160260000

Home facts updated by county records on Sep 14, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Westbrook Early Learning Center

Public PreK-1 • Assigned • 0.3mi

Lincoln Middle School

Public 6-8 • Assigned • 0.4mi

7/10

Prospect High School

Public 9-12 • Assigned • 1.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Mount Prospect, IL • 60056

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$874,000 – $1.06M

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New listings for sale in 60056

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1205 E Ironwood Dr, Mount Prospect, IL 60056

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517 N Emerson St, Mount Prospect, IL 60056

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217 S Owen St, Mount Prospect, IL 60056

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OPEN TODAY, 10AM TO 12PM

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625 W Huntington Commons Rd #405, Mount Prospect, IL 60056

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1777 W Crystal Ln #206, Mount Prospect, IL 60056

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LISTED BY REDFIN3D WALKTHROUGH

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Home values near 116 S Lancaster St

Data from public records.

Address	Redfin Estimate
114 S Lancaster Street, Mount Prospect, IL 3 Beds \| 2 Baths \| 1426 Sq. Ft.	$509,955
118 S Lancaster Street, Mount Prospect, IL 3 Beds \| 1.5 Baths \| 1182 Sq. Ft.	$452,976

Address	Redfin Estimate
124 S Lancaster Street, Mount Prospect, IL 4 Beds \| 2.5 Baths \| 2429 Sq. Ft.	$650,737
123 S Lancaster Street, Mount Prospect, IL 4 Beds \| 2.5 Baths \| 2870 Sq. Ft.	$834,534

Address	Redfin Estimate
120 S Lancaster Street, Mount Prospect, IL 4 Beds \| 2.5 Baths \| 2269 Sq. Ft.	$645,860
126 S Lancaster Street, Mount Prospect, IL 3 Beds \| 1.5 Baths \| 1182 Sq. Ft.	$449,672

Property information provided by MRED as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60056, IL

Sale history for 116 S Lancaster St

Tax history for 116 S Lancaster St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60056

Home values near 116 S Lancaster St

More real estate resources