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Backup Offers

1502 W Palm Dr, Mount Prospect, IL, 60056

$369,900

Home List Price

$4,393*

Closing Credit

3 Bedrooms
1 Full Bath
1,042 SqFt
$355/SqFt
House

Location

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1502 W Palm Dr, Mount Prospect$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1962
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceElectric
MLS #12172774
StatusAccepting Backup Offers
(Contingent)

About 1502 W Palm Dr

A true Gem and a LOT of house for the money!! All brick ranch with FULL BASEMENT, hardwood floors throughout and very well maintained.Freshly painted too!! Long time owners pride of ownership shows here!! Newer windows throughout with a gorgeous front bay that makes your living area extra bright! Newer furnace and humidifier AND new water supply lines in 2022. Eat in kitchen features newer windows, granite counter tops and stainless appliances. HUGE BASEMENT has laundry room and LARGE recreation/family room and large storage room too. Outside you'll find a big yard and a huge 2.5 car garage with a long driveway-plenty of parking here. Owners hate to leave this special home, but now you can add your updates and special touches to make it yours. Don't wait to see! Everything is in good condition but sellers are selling "AS-IS"

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Living Area: 1,042 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices American Heritage
  • Office Phone: (847) 364-6030
  • Listing Agent: Elaine Specha

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Busse to W Palm, east to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $355/SqFt

Tax Information:

  • Annual Amount: $2,853
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Mount Prospect, IL.

Med. Sold Price

$399.9K

Med. Price/SqFt

$233

Avg. Days On Market

23

# of Sold Homes

47

1502 W Palm Dr vs Mount Prospect

83 DAYS ON ROCKET

+60 Days

$369,900

-$30K Less

$355/SqFt

+$122 More

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $122/SqFt more than other homes in Mount Prospect, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12172774

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices American Heritage
  • Office Phone: (847) 364-6030
  • Listing Agent: Elaine Specha

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$2,853$23,974
2018$3,229$26,145
2017$3,182$26,145

History based on county public records data.

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$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4246091
5
/10
  • Robert Frost Elementary School

  • 1308 S Cypress Dr

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4246092
4
/10
  • John Jay Elementary School

  • 1835 W Pheasant Trl

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-4246093
8
/10
  • Forest View Elementary School

  • 1901 W Estates Dr

  • 0.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,272. Typical income of Mount Prospect, IL residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1502 W Palm Dr

What is the listing price of this property?

The listing price of 1502 W Palm Dr property is $369,900.

What type of property is this?

The property 1502 W Palm Dr is a house located in Mount Prospect, Illinois, 60056.

Is this property for sale now?

Accepting Backup Offers: 1502 W Palm Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,853 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1502 W Palm Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1502 W Palm Dr is 1,042 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1502 W Palm Dr is 1962.

Rocket Homes›Illinois›Cook County›Mount Prospect›60056›1502 W Palm Dr

This home is located at 1502 W Palm Dr in Mount Prospect, IL and zip code 60056 in the Elk Ridge Villas neighborhood. This 1,042 square foot home was built in 1962. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $369,900.

In November 2024, from all listings sold in Mount Prospect, IL there were more than 19 sold above asking price, over 24 sold below and more than 4 were sold right at the asked price. The number of listings in Mount Prospect, IL decreased by 5.3% between October 2024 and November 2024. Listings spent 23 days on the market in November 2024, and had a median list price of $399,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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