Sold1076d on market
505 E Berkshire Ln
Mount Prospect, IL, 60056 • 60056 • Cook County
$530,000
$306/sqft
4Beds
3Baths
1,730Sqft
0.33 acLot
1960Built
Property DNA
1 Fireplace
Wood Burning · Living Room
2-Car Garage
On Site · Garage Owned · Attached · Garage
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 1076 days ago · 2 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1076 days on market
Established listing
$306/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1960
This beautiful and spacious corner lot home is a must-see! Located in a fantastic neighborhood, this four-bedroom and 2.5 bathroom single-family home is perfect for anyone looking for a comfortable and updated living experience. With a spacious floor plan, you can enjoy plenty of natural light and ample living space to accommodate any lifestyle. Newly remodeled throughout, this home has beautiful engineered hardwood floors and a living room with a cozy fireplace. The kitchen boasts quartz countertops, stainless steel appliances, and built-ins that make cooking and entertaining easy and enjoyable. The entire family can enjoy the beautiful sunroom that overlooks the secluded and spacious backyard, perfect for barbecues or just relaxing after a busy day. This home is also in a prime location near parks, schools, and shopping, making everything you need easily accessible. With good-sized bedrooms, this house is perfect for families, couples, or anyone who loves to have a spacious home with comfortable living spaces.
Standout features identified
Our analysis highlights cozy fireplace, quartz countertops, and plenty of natural light as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,305/month
Principal & Interest$2,598
Property Tax$530
Insurance$177
Down payment20% ($106,000)
3%50%
Est. 6.20% rate · 30yr fixed · $424,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1960
HeatingBaseboard
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.33 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1960
Systems
HeatingBaseboard
CoolingCentral Air
ConstructionBrick, Cedar
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Attached, Garage
Garage2 spaces
BasementNone
Fireplaces1
Lot0.33 Acres
Location & Tax
Neighborhood60056
Annual tax$7,249
Parcel0812419007
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
Built-in Features
Appliances
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Stainless Steel Appliance(s)
Flooring
Hardwood
Heating
Baseboard
Cooling
Central Air
Fireplace
Wood Burning
Living Room
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Attached
Garage
Construction
Brick
Cedar
Community
Park
Curbs
Sidewalks
Room details
19 rooms detailed
Master Bedroom
Second14×14 ft196 sqft
Flooring (Hardwood)Bathroom (Half)
Bedroom2
Second12×10 ft120 sqft
Flooring (Hardwood)
Bedroom3
Second13×9 ft117 sqft
Flooring (Hardwood)
Bedroom4
Second11×10 ft110 sqft
Flooring (Hardwood)
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market1076
Est. value$648,000
Est. rent$3,874/mo
Tax rate1.99%
Price/sqft$306
On marketApr 11, 2023
PostedApr 11, 2023
Last sold$530,000
MLS statusClosed
MLS updatedApr 30, 2023
Tour days6
Views2
How are the schools in Mount Prospect?
3 schools rated nearby
Location
Mount Prospect, IL, 60056
Price history
3 events
DateEventPrice$/sqftSource
Apr 28, 2023Sold$530,000$306MRED as distributed by MLS GRID
Apr 14, 2023Contingent$479,900$277MRED as distributed by MLS GRID
Apr 11, 2023Listed For Sale$479,900$277MRED as distributed by MLS GRID
Sold$530,000
Apr 28, 2023•$306/sqft•MRED as distributed by MLS GRID
Contingent$479,900
Apr 14, 2023•$277/sqft•MRED as distributed by MLS GRID
Listed For Sale$479,900
Apr 11, 2023•$277/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2023$11,699$42,000
Apr 9, 2022$9,417$42,000
Apr 9, 2021$7,849$31,851
Apr 9, 2020$6,424$31,851
Apr 9, 2019$6,571$38,875
Apr 9, 2018$7,343$36,096
Apr 9, 2017$7,234$36,096
Apr 9, 2016$7,190$36,096
Apr 9, 2015$8,263$33,005
Apr 9, 2014$7,954$33,005
Apr 9, 2013$8,136$33,005
Apr 9, 2012$8,937$38,973
Apr 9, 2011$8,715$38,973
Apr 9, 2010$8,375$38,973
Apr 9, 2009$7,848$41,239
Apr 9, 2008$6,948$44,342
Apr 9, 2007$6,289$44,342
Apr 9, 2006$6,608$35,890
Apr 9, 2005$6,102$35,890
Apr 9, 2004$5,865$35,890
Apr 9, 2003$5,372$29,686
Apr 9, 2002$5,387$29,686
Apr 9, 2001$4,385$29,686
Apr 9, 2000$4,321$23,561
Apr 9, 1999$4,240$23,561
Nearby homes
Neighborhood details
Local context around this listing
Mount Prospect, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60056
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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