Off Market7944d on market

1016 S Lancaster St

Mount Prospect, IL, 60056 • 60056 • Cook County

$491,000

$312/sqft

3Beds

1.5Baths

1,576Sqft

0.19 acLot

1972Built

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

7944 days on market

Established listing

$312/sqft

Price per square foot

About this home

Single Family · Built 1972

This 1576 square foot single family home has 3 bedrooms and 1.5 bathrooms. This home is located at 1016 S Lancaster St, Mount Prospect, IL 60056.

Estimated monthly payment

Based on current rates

$3,061/month

Principal & Interest$2,407

Property Tax$491

Insurance$164

Down payment20% ($98,200)

3%50%

Est. 6.20% rate · 30yr fixed · $392,800 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1972

CoolingCentral

ParkingGarage - Attached

Lot8,249 sqft

Property

Home typeSingle Family

Year built1972

Systems

CoolingCentral

RoofShake / Shingle

Parking & Outdoor

ParkingGarage - Attached

Lot8,249 sqft

Location & Tax

Neighborhood60056

Annual tax$4,872

Parcel0814128022

Features & details

3 categories of property features

Interior Features

Cooling

Central

Exterior Features

Exterior

Stone

Parking

Garage - Attached

Listing insights

Market data and value estimates

StatusOff Market

Days on market7944

Est. value$491,000

Est. rent$2,802/mo

Tax rate1.99%

Price/sqft$312

Last sold$360,000

Tour days6

How are the schools in Mount Prospect?

3 schools rated nearby

Robert Frost Elementary School

Elementary • Public • K-5

0.2 mi

Friendship Jr High School

Middle • Public • 6-8

1.5 mi

Prospect High School

High • Public • 9-12

2.3 mi

Location

Mount Prospect, IL, 60056

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Jul 9, 2004Sold$360,000$228Public Record

Sold$360,000

Jul 9, 2004•$228/sqft•Public Record

Tax history

25 years of records

YearTax paidAssessed value

Apr 10, 2023$4,872$35,683

Apr 10, 2022$4,826$37,999

Apr 10, 2021$5,367$29,316

Apr 10, 2020$4,866$29,316

Apr 10, 2019$4,888$35,297

Apr 10, 2018$5,336$25,560

Apr 10, 2017$7,102$28,176

Apr 10, 2016$7,383$29,918

Apr 10, 2015$6,130$23,856

Apr 10, 2014$6,045$23,856

Apr 10, 2013$7,017$27,932

Apr 10, 2012$7,399$32,418

Apr 10, 2011$7,146$32,418

Apr 10, 2010$6,086$32,418

Apr 10, 2009$6,628$36,926

Apr 10, 2008$5,641$39,706

Apr 10, 2007$4,965$39,706

Apr 10, 2006$4,508$29,737

Apr 10, 2005$4,189$29,737

Apr 10, 2004$3,960$29,737

Apr 10, 2003$4,009$23,321

Apr 10, 2002$3,770$23,321

Apr 10, 2001$3,597$23,321

Apr 10, 2000$3,536$21,802

Apr 10, 1999$3,470$21,802

Nearby homes

Off Market

$556,500

4 bd2 ba1,576 sqft

1018 S Lancaster St, Mount Prospect, IL

Off Market

$606,800

3 bd3 ba3,019 sqft

1014 S Lancaster St, Mount Prospect, IL

Off Market

$476,500

4 bd2 ba1,987 sqft

1017 S Cypress Dr, Mount Prospect, IL

Off Market

$500,500

3 bd1.5 ba1,251 sqft

1015 S Cypress Dr, Mount Prospect, IL

Off Market

$457,400

4 bd2 ba1,516 sqft

1019 S Cypress Dr, Mount Prospect, IL

Off Market

$397,600

3 bd1.5 ba1,251 sqft

1020 S Lancaster St, Mount Prospect, IL

Off Market

$465,000

3 bd1.5 ba1,467 sqft

1012 S Lancaster St, Mount Prospect, IL

Off Market

$497,800

3 bd2 ba1,576 sqft

1017 S Lancaster St, Mount Prospect, IL

Neighborhood details

Local context around this listing

Mount Prospect, IL • Cook County

Nearby cities

Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine

Nearby zip codes

60056

Similar homes

For Sale

$450,000

3 bd2 ba1,436 sqft

915 S Na Wa Ta Ave, Mount Prospect, IL

For Sale

$524,900

3 bd2 ba1,446 sqft

914 S Robert Dr, Mount Prospect, IL

For Sale

$525,000

3 bd3 ba1,876 sqft

1003 E Alder Ln, Mount Prospect, IL

For Sale

$550,000

3 bd2 ba1,878 sqft

713 S William St, Mount Prospect, IL

For Sale

$539,000

4 bd3 ba1,096 sqft

108 W Sunset Rd, Mount Prospect, IL

For Sale

$499,900

3 bd2 ba1,216 sqft

240 Hatlen Ave, Mount Prospect, IL

For Sale

$570,900

4 bd3 ba2,340 sqft

1403 S Birch Dr, Mount Prospect, IL

For Sale

$619,000

3 bd3 ba2,335 sqft

602 S Edward St, Mount Prospect, IL

For Sale

$419,900

3 bd2 ba1,850 sqft

1411 S Robert Dr, Mount Prospect, IL

1004 N Greenfield Ln, Mount Prospect, IL

For Sale

$549,900

4 bd3 ba2,063 sqft

1004 N Greenfield Ln, Mount Prospect, IL

For Sale

$472,000

3 bd2 ba1,561 sqft

901 S Can Dota Ave, Mount Prospect, IL

For Sale

$579,900

4 bd2 ba1,483 sqft

403 W Shabonee Trl, Mount Prospect, IL

For Sale

$449,900

3 bd3 ba1,984 sqft

1305 E Mulberry Ln, Mount Prospect, IL

For Sale

$499,900

3 bd2 ba1,611 sqft

703 Westmere Rd, Des Plaines, IL

510 S Mount Prospect Rd, Des Plaines, IL

For Sale

$495,500

4 bd3 ba1,980 sqft

510 S Mount Prospect Rd, Des Plaines, IL

For Sale

$575,000

4 bd3 ba1,944 sqft

1111 E Greenwood Dr, Mount Prospect, IL

For Sale

$485,000

5 bd3 ba2,130 sqft

1454 Dayton Pl, Des Plaines, IL

For Sale

$569,900

4 bd2 ba1,248 sqft

1802 W Pheasant Trl, Mount Prospect, IL

For Sale

$495,000

3 bd3 ba2,024 sqft

219 River Front Dr, Mount Prospect, IL

For Sale

3 bd1 ba1,300 sqft

47 W Algonquin Rd, Des Plaines, IL

Tour This Home

Pick a date

Preferred time

Apr 10, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$491,000

Est. rent$2,802/mo

30yr rate est.6.20%

Affordability$3,303/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response