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501 S School Street Mount Prospect, IL 60056
Sold: 3700
/ MLS# 12646756 / Rental - Single Family / Mount Prospect
3 Beds
1 Bath
1 Half Bath
1517 SqFt

LOCATION, LIFESTYLE, AND A VIEW THAT KEEPS GETTING BETTER. Welcome to this beautifully maintained 3-4 bedroom home (with potential to convert the finished lower level into a 4th bedroom), perfectly positioned directly across the street from Lions Memorial Park, offering open, unobstructed views of expansive green space and a setting that feels both peaceful and connected. From the moment you arrive, you'll notice the care and pride of ownership-from the newly sided garage to the enhanced landscaping that elevates curb appeal and creates a warm, inviting exterior. Inside, natural light pours into the open-concept living and dining areas, creating a bright and welcoming atmosphere ideal for both everyday living and entertaining. The kitchen, pantry, and main-level bath were fully renovated in 2020 with thoughtful, high-quality finishes, including updated flooring, new windows, stainless steel appliances, concealed dishwasher, custom cabinetry, modern lighting, and sleek quartz countertops-blending style and functionality seamlessly. Upstairs, you'll find well-appointed bedrooms and a full bath, while the finished lower level offers incredible flexibility-whether you envision a spacious recreation room, home office, workout space, or a future 4th bedroom. With an existing layout that includes a laundry area and a storage room already pipe-fitted for a bathroom, the potential here is real. Step outside and the lifestyle truly comes alive. Living across from Lions Memorial Park means instant access to walking paths, playgrounds, sports courts, baseball fields, and the beloved Bandshell, where summer concerts and community events bring the neighborhood together. The park is also in the midst of a major multi-million dollar transformation, adding even more value and long-term appeal to this already prime location. And when you're ready to explore, you're just a short walk to downtown Mount Prospect-where restaurants, coffee shops, a grocery store, the public library, Metra station, and year-round events create that perfect small-town feel with everyday convenience. This isn't just a home-it's a lifestyle rooted in community, walkability, and a location that continues to grow in value. Come experience it for yourself.

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Baird & Warner Jon Wise Agent Cell: 630.640.3767

Property Details

Property Type: Rental - Single Family
Basement: Yes
Basement: Finished, Partial, Daylight
Cooling: Central Air
Garage: 2.5
Heating: Natural Gas, Forced Air
Lot Size: 0
Roof Type: Asphalt
Year Built: 1963
Buyer Represented By: Lisa Miceli , Jameson Sotheby's International Realty
Listing Provided By: E- Signature Realty

Amenities

Quartz Counters

Feature Descriptions

Additional rooms: Storage, Play Room, Walk In Closet
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Dining Room: Combined w/ LivRm
Laundry: Gas Dryer Hookup, In Unit
Lot: Corner Lot, Landscaped
Lot Dimensions: 69X131X73X131
Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Parking: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Pet Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
Rent Includes: None
Sewer: Public Sewer
Total Rooms: 8
Township: Elk Grove
Water: Lake Michigan

Schools

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

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: E- Signature Realty

Listing Office Phone: 847-693-0213



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.


Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 12:00:11 AM EST) or MRED MLS (last updated Mon 06/01/2026 11:58:03 PM EST) or NIRA MLS (last updated Mon 06/01/2026 11:04:47 PM EST) or METROMLS (last updated Mon 06/01/2026 11:55:01 PM EST) or Miami MLS (last updated Mon 06/01/2026 11:48:53 PM EST) or Stellar MLS (last updated Mon 06/01/2026 11:44:28 PM EST) or SPC MLS (last updated Mon 06/01/2026 11:21:25 PM EST) or Emerald Coast MLS (last updated Mon 06/01/2026 11:55:21 PM EST) or Fort Myers (last updated Mon 06/01/2026 11:04:34 PM EST) or Beaches MLS (last updated Mon 06/01/2026 11:48:37 PM EST) or Naples MLS (last updated Mon 06/01/2026 11:40:24 PM EST) or Bonita Springs MLS (last updated Mon 06/01/2026 11:02:22 PM EST). Real estate listings held by brokerage firms other than Baird & Warner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



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