Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 4-bathroom single family at 502 S. I Oka Avenue in Mount Prospect, IL is listed for $735,000 ($242 per sqft). Built in 1927, the home offers 3,031 sqft of living space on a N/A lot.

Agent Description

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. 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.

Key Features

  • Built in 1927

Property Details

3 full, 1 half
1927

Monthly Cost Estimate

$3,931/mo

20% down · 6.5% · 30 years

Principal$532
Interest$3,185
Insurance$214

Estimates only. Actual payments may vary.

Location

502 S. I Oka Avenue

Mount Prospect, IL 60056

Property Details

Parking

Garage

Heating

BaseboardOther (Heating)

Cooling

Wall/Window Unit(s)Wall Unit(s)

Questions & Answers

This 4-bedroom, 4-bathroom single family at 502 S. I Oka Avenue is listed at $735,000 ($242/sqft). The estimated monthly payment is $3,185 based on 20% down at 6.5% interest.

Key features include: Built in 1927.

This property is listed by Bryan Nelson and can be reached at 8472043353 or bryan.nelson@bairdwarner.com.

BN

Bryan Nelson

Agent at Baird & Warner Northwest Suburban

(847) 204-3353

Listed by Baird & Warner Northwest Suburban · View on Broker Site

MLS# 12539977· Source: listhub· Updated 115 days ago

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

502 S. I Oka Avenue, Mount Prospect, IL 60056

Open this listing in: