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502 S I Oka Avenue

Mount Prospect, IL 60056
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Bed 4

Bed

Bath 4

Bath

SqFt3,031

Sqft

Acres0.19

Acre(Lot)

Rare Opportunity for a Historic 1927 Home with Endless Potential! Nestled in the highly desirable Country Club subdivision of Mount Prospect, this classic 1927 residence enjoys an exceptional setting near St. Raymond School, Weller Creek and Park, and the Mount Prospect Golf Club. Offering over 3,000 square feet of living space Plus a full finished basement, the home is rich in character and historic charm, reflecting decades of thoughtful care. The interior was lovingly remodeled in the early 1990s with great respect for the home's original architectural integrity, preserving its timeless appeal and historic value. Hardwood flooring runs throughout much of the home, and a four-season room seamlessly connects to the main living area, providing additional flexible space to enjoy year-roun d. Important mechanical updates include a new roof installed approximately two years ago, along with a boiler and water heater replaced around ten years ago. While the home does require updating, it presents an outstanding opportunity for those looking to restore, enhance, or reimagine a truly special property. Currently tenant-occupied, the home is leased through the end of July 2026, with occupancy available August 1, 2026. This makes it an excellent option for investors seeking a property in a prime location with strong long-term potential. A rare chance to own a historic home with substance, setting, and significant upside. Property being sold As Is.

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Detail Ic Property Details

Property Type : Residential

Price : $735,000

AD Id : 75149582

MLS Id : MRD12539977

Beds : 4

Lot Size : 0.19 Acre

Living Area Size : 3,031

Year Built : 1927

Garage : 1

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 4 Room Types: Office, Recreation Room, Heated Sun Room, Walk In Closet

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Rooms Total: 11
  • Flooring Information

    Construction Materials: Cedar
  • Heating & Cooling

    Heating: Baseboard, Radiator(s) Cooling: Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1927

  • Lot Information

    Lot Dimensions: 61x130x61x134 Lot Acres: 0.185 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Sub Type: Detached Single Type Detached: 2 Stories

  • Listing Price Information

    Original List Price:$785000

  • Tax Information

    Annual Tax: $16203.45 Tax Year: 2024 Parcel Number: 08114190130000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 1 Yes, Garage Owned, Detached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 1

    Homeowners Association Information

    Included Fees: None

  • School Information

    Elementary School: Lions Park Elementary School Junior High School: Lincoln Junior High School Senior High School: Prospect High School
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Mount Prospect Direction: Lincoln or Council Trail, 1 block West of Elmhurst/83 to I-Oka
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
20 N Waverly Place, Mount Prospect, IL, 60056 $829,000 4 2 2,353 2,353 SqFt
213 N Emerson Street, Mount Prospect, IL, 60056 $439,000 3 2 1,276 1,276 SqFt
3 Audrey Lane, Mount Prospect, IL, 60056 $439,900 3 2 1,107 1,107 SqFt
1103 S Hunt Club Drive .., Mount Prospect, IL, 60056 $249,900 2 2 1,100 1,100 SqFt
514 S Owen Street, Mount Prospect, IL, 60056 $585,000 3 3 1,530 1,530 SqFt
1328 Dove Court, Mount Prospect, IL, 60056 $365,000 3 3 --
134 E Morrison Avenue, Mount Prospect, IL, 60056 $699,000 3 2 1,500 1,500 SqFt
1503 N Park Drive, Mount Prospect, IL, 60056 $549,000 4 3 2,109 2,109 SqFt
1101 S Hunt Club Drive .., Mount Prospect, IL, 60056 $273,900 2 2 --
919 E Ironwood Drive, Mount Prospect, IL, 60056 $575,000 4 3 2,453 2,453 SqFt
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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MRED #12539977 LISTED BY: Bryan Nelson, Baird & Warner 847-392-1855 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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