502 S I Oka Avenue Mount Prospect IL 60056 MLS #MRD12539977

502 S I Oka Avenue
Mount Prospect, IL, 60056
$735,000
4 Beds
4 Baths
3,031 SqFt
0.19 Acres
Add
MLS #MRD12539977 image #0
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-round. 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.

Property Details

Price:
$735,000
MLS #:
MRD12539977
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
mountprospect
Listed Date:
Feb 6, 2026
Finished Sq Ft:
3,031
Year Built:
1927
Parking TotalMount ProspectMountprospectLions Park Elementary SchoolLincoln Junior High SchoolProspect High School

Ask a Question

See this Listing

Send
  

Schools

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

Interior

Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Fireplaces Total
1
Heating
Baseboard, Radiator(s)

Exterior

Construction Materials
Cedar
Garage Spaces
1
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$16,203

Map

Community

Market Summary

Current real estate data for Single Family in Mount Prospect as of Jun 13, 2026
102
Single Family Listed
30
Avg DOM
308
Avg $ / SqFt
$554,491
Avg List Price

Property Summary

    502 S I Oka Avenue Mount Prospect IL is a Single Family for sale in Mount Prospect, IL, 60056. It is listed for $735,000 and features 4 beds, 4 baths, and has approximately 3,031 square feet of living space, and was originally constructed in 1927. The current price per square foot is $242. The average price per square foot for Single Family listings in Mount Prospect is $308. The average listing price for Single Family in Mount Prospect is $554,491.

Similar Listings Nearby

broker reciprocity
MLS# MRD12637165broker reciprocity
418 S Na Wa Ta Avenue
Mount Prospect, IL

$944,900

0.3 miles away

broker reciprocity
MLS# MRD12661859broker reciprocity
703 N Gibbons Avenue
Arlington Heights, IL

$937,400

2.5 miles away

broker reciprocity
MLS# MRD12612990broker reciprocity
1801 N Dover Court
Arlington Heights, IL

$925,000

3.7 miles away

broker reciprocity
MLS# MRD12667406broker reciprocity
1551 E Olive Street
Palatine, IL

$899,900

4.3 miles away

broker reciprocity
MLS# MRD12663235broker reciprocity
116 N Pine Avenue
Arlington Heights, IL

$899,900

2.7 miles away

broker reciprocity
MLS# MRD12639528broker reciprocity
909 E Rockwell Street
Arlington Heights, IL

$880,000

1.8 miles away

broker reciprocity
MLS# MRD12676626broker reciprocity
1211 W Marion Road
Arlington Heights, IL

$879,000

4.2 miles away

broker reciprocity
MLS# MRD12666888broker reciprocity
627 S Patton Avenue
Arlington Heights, IL

$875,000

2.9 miles away

broker reciprocity
MLS# MRD12647577broker reciprocity
2401 Rohlwing Road
Rolling Meadows, IL

$859,900

4.8 miles away

broker reciprocity
MLS# MRD12659910broker reciprocity
434 S Beverly Lane
Arlington Heights, IL

$849,999

2.1 miles away

502 S I Oka Avenue
Mount Prospect, IL
Scroll to Top