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518 S Emerson St, Mount Prospect, IL, 60056

$999,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
3,385 SqFt
$295/SqFt
House
Schools Nearby

Location

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518 S Emerson St, Mount Prospect$999,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2016
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceWood Burning, Gas Starter, More than one
MLS #11986725
StatusAccepting Backup Offers
(Contingent)

About 518 S Emerson St

Experience the epitome of luxury and effortless living in this meticulously crafted 2-story home built in 2016 nestled in sought after Lions Park neighborhood. Revel in the convenience of a walk-to-train location, granting easy access to all the amenities of downtown Mt. Prospect, complemented by District 57 schools (walk to Lions Park elementary school and Lions Park District amenities) and Prospect High School. Stunning finishes and top-notch amenities featuring 5 bedrooms and 4.1 baths, this home is a haven of comfort and style. The main level has amazing space, offering an open concept layout highlighted by a central island kitchen, complete with oversized custom ivory cabinetry, Thermadore stainless steel appliances including double oven & cooktop, satin finish granite countertops, island with prep sink and stylish backsplash. The kitchen flows seamlessly into a spacious eating area with a butler's pantry + wine fridge and a cozy family room complete with a fireplace and access unto the outdoor patio. The main level includes a foyer entry, gracious dining room, a welcoming living room, a 5th bedroom currently being used as a 1st floor office, and mudroom with exterior access for all your practical lifestyle needs. Enjoy the warmth of two additional fireplaces, located in the living room and basement. The primary suite is a retreat unto itself, featuring his & her walk-in closets and a luxurious full bathroom with skylight, dual vanities, walk in shower & self cleaning jacuzzi tub. The 2nd level features an ensuite bedroom and 2 additional bedrooms with jack and jill bath. The finished basement adds versatility to the home, offering a full bathroom with a shower, a recreational room, a workout area, and ample storage space in the crawl space. Convenience is key with a second-story laundry room, equipped with additional cabinetry and a full-size washer/dryer. The 3 car (2 car tandem) attached garage provides additional access unto the backyard. Enjoy a private fenced backyard, complete with a brick paver patio and plenty of yard space for outdoor entertainment. All Marvin windows + zoned heat and air. With hardwood floors throughout the main and second levels, a striking staircase, and countless other upscale features, this home is a true gem awaiting its new owners.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 3,385 SqFt

Listing Office:

  • Office Name: Keller Williams Thrive
  • Office Phone: (847) 241-2200
  • Listing Agent: Violet Ostrowski

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • Fireplace: Wood Burning, Gas Starter, More than one

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Prospect High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Elmhurst Rd.(Route 83) to Council Trail East to Emerson North.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,900
  • Price Per SqFt: $295/SqFt

Tax Information:

  • Annual Amount: $16,044
  • Tax Year: 2019
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Housing Market Comparison

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

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Mount Prospect, IL

City

Med. Sold Price

$380.2K

Med. Price/SqFt

$221

Avg. Days On Market

26

# of Sold Homes

37

518 S Emerson St vs Mount Prospect

46 DAYS ON ROCKET

+20 Days

$999,900

+$619.6K More

$295/SqFt

+$73 More

KEY TAKEAWAY

This property is $619.6K more than the Median Sold Price and $73/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: #11986725

Listing Office:

  • Office Name: Keller Williams Thrive
  • Office Phone: (847) 241-2200
  • Listing Agent: Violet Ostrowski

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

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 5:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 2013Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2019$16,044$58,500
2018$13,399$43,800
2017$2,885$9,405

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

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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.

High School

school-card-donut-2445852
9
/10

  • Prospect High School

  • 801 W Kensington Rd

  • 1.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,286. Typical income of Mount Prospect, IL residents is between $100k-200k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 S Emerson St

What is the listing price of this property?

The listing price of 518 S Emerson St property is $999,900.

What type of property is this?

The property 518 S Emerson St is a house located in Mount Prospect, Illinois, 60056.

Is this property for sale now?

Accepting Backup Offers: 518 S Emerson St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 518 S Emerson St are:
Prospect High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $16,044 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 3, 2013 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 S Emerson St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 S Emerson St is 3,385 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 S Emerson St is 2016.

Rocket Homes›Illinois›Cook County›Mount Prospect›60056›518 S Emerson St

This home is located at 518 S Emerson St in Mount Prospect, IL and zip code 60056 in the Prospect Highlands neighborhood. This 3,385 square foot home was built in 2016. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $999,900.

Mount Prospect, IL housing market in March 2024 saw over 18 listings sold above listed price, more than 3 sold at listed price and over 15 sold below. Between February 2024 and March 2024, Mount Prospect, IL real estate market has seen increase in the number of listings by 12%. In March 2024 median list price was $380,214 and the average listing age was 26 days.

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

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