ACTIVE

$785,000

502 I Oka,Mount Prospect, IL 60056
4 Beds4 Baths0 sqft7 days on market
502 I Oka·Mount Prospect, IL 60056
4Bedrooms
4Bathrooms
0Sq Ft
1927Year Built

About This Home

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 (unless the lease is extended). 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.

MLS# MRD12539977Listed February 6, 2026Residential

Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Full Baths3
Half Baths1
Total Rooms11

Size & Structure

Living Area0 sqft
Garage Spaces1
Fireplaces1
Year Built1927
Lot Size0.185 acres

Location

CountyCook
TownshipElk Grove
Zip Code60056

Financial

List Price$785,000
Annual Taxes (2024)$16,203
Monthly Tax Est.$1,350
Parcel #08114190130000

Interior Features

Heating

BaseboardRadiator(s)

Cooling

Window Unit(s)

Basement

Partially FinishedFull

Exterior & Lot

Construction Materials

Cedar

Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking Features

YesGarage OwnedDetachedGarage

Schools

Elementary
Lions Park Elementary School
District: 57
Middle School
Lincoln Junior High School
District: 57
High School
Prospect High School
District: 214

Tax & Financial Info

Annual Taxes
$16,203
Tax Year 2024
Monthly Tax Est.
$1,350
per month

Property Location

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502 I Oka, Mount Prospect, IL 60056Cook County

$785,000
502 I Oka
4 bd4 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts

7 days on market
1-car garage
1 fireplace
0.185 acres
$16,203/yr taxes
$5,476
estimated monthly payment
Principal & Interest
$4,126/mo
Property Tax
$1,350/mo
$785,000
20% — $157,000
3%50%
6.875%
3%12%
Loan Amount
$628,000
Down Payment
$157,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Bryan Nelson
REALTOR® Logo
Equal Housing Opportunity Logo
Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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