Active Under ContractPrice Reduced

$425,000

$450,000
1716 Magnolia Lane, Mount Prospect, IL 60056
3 Beds3 Baths0 sqft10 days
1716 Magnolia Lane·Mount Prospect, IL 60056
3Bedrooms
3Bathrooms
0Sq Ft
1966Year Built
About This Home

Classic Brick Ranch with Great Space and Potential A solid, well-sized brick ranch offering immediate livability with outstanding upside for renovation and value growth. This 3-bedroom, 2 1/2-bath home provides a functional layout, generous room sizes, and a flexible floor plan that's ready for modern updates while still comfortable to live in today. The main level features a family room with a fireplace and beamed ceiling, flowing into an open living and kitchen area with a cozy dining nook-ideal for everyday living and casual gatherings. The home retains its original character and is ready for a fresh vision and modern updates. The primary bedroom includes a half bath & two closets, with additional bedrooms offering versatility for guests, family, or a home office. The lower level expands the living space with a large open area perfect for entertaining or recreation, plus a full bath and utility/storage space. Enjoy a fully fenced yard, newer concrete patio, attached two-car garage. Abundant natural light, solid brick construction, and a functional floor plan provide a strong foundation, while the home's original finishes offer a great opportunity to update and personalize over time. Estate Sale As IS

MLS# 12734822Listed September 3, 2026ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces1
Year Built1966
Lot Size60x120

Location

CountyCook
TownshipElk Grove
Zip Code60056

Financial

List Price$425,000
Original Price$450,000
Annual Taxes (2025)$9,596
Monthly Tax Est.$800
Parcel #08154110250000
Interior Features

Appliances

RefrigeratorWasherDryerCooktopOven

Flooring

Hardwood

Heating

Natural Gas

Cooling

Central Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

ConcreteGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community

HOA Includes

None

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
John Jay Elementary School
District: 59
Middle School
Holmes Junior High School
District: 59
High School
Rolling Meadows High School
District: 214
Tax & Financial
Annual Taxes
$9,596
Tax Year 2025
Monthly Tax Est.
$800
per month
Price Reduced by $25,000
Original list price: $450,000
Property Location

1716 Magnolia Lane, Mount Prospect, IL 60056 — Cook County

$425,000
1716 Magnolia Lane
3 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
10 days on market
2-car garage
1 fireplace
60x120
$9,596/yr taxes
Price reduced $25,000
$3,033
estimated monthly payment
Principal & Interest
$2,234/mo
Property Tax
$800/mo
$425,000
20% — $85,000
3%50%
6.875%
3%12%
Loan Amount
$340,000
Down Payment
$85,000

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

Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Agent: Kirsten Brogan
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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