1023 S Lancaster Street

Mount Prospect, IL
$ 479,900 Beds 3 Baths 2 Sq 1,400
Monthly Estimate* How much can I afford?

Beautiful 3-bedroom, 2-full-bath corner home situated on a large lot in the desirable Windsor Estates neighborhood of Mount Prospect! With only 1 owner this home has really been loved over the years. Hardwood flooring flows throughout the main living areas, creating a warm and inviting feel from the moment you enter. The spacious living room opens to the dining area, offering a great layout for everyday living and entertaining. The bright eat-in kitchen features abundant cabinetry and counter space, a newer stove and microwave, and a wall of windows overlooking the backyard. A door from the kitchen leads to the large concrete patio surrounded by privacy landscaping, creating a wonderful space for outdoor dining and entertaining. Upstairs, all three bedrooms are conveniently located together, including a generous primary bedroom, with hardwood flooring underneath the bedroom carpeting. A full bath completes the upper level. The ground-level lower level adds substantial additional living space with a large family room filled with natural light, a second full bath, and a spacious laundry room with cabinetry, utility sink, and newer washing machine. An attached 2-car garage provides additional storage and convenience. Major updates include a newer roof within the last four years, brand-new water heater, and a whole-house generator that was serviced with a new battery installed in 2026 for added peace of mind. In addition, to protect the home further an outdoor flood control system was installed, which has been maintained and serviced yearly. Fantastic Mount Prospect location near parks, shopping, dining, schools, Metra, and downtown Mount Prospect, with convenient access to major roadways and everything the area has to offer!

New

  • Price
  • $ 479,900
  • City
  • Mount Prospect
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • Mount Prospect
  • Lot Size
  • 0.234 Acres
  • Zip
  • 60056
  • Sqr Footage
  • 1,400
  • Year Built
  • 1972
  • Taxes
  • $ 3049
  • Style
  • MLS#
  • 12761717
Listed By: Legacy Properties, A Sarah Leonard Company, LLC
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1400
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Appliances Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Humidifier
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1972
Township Elk Grove
Tax Year 2025
Ownership Fee Simple
Community Features Curbs,Sidewalks,Street Paved
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Subdivision Name Windsor Estates
Total Rooms 7
Full Baths 2
Status New
Directions Golf Rd West of 83,south on Lancaster to home
High School Prospect High School
City Mount Prospect
High School District 214
MLS Area Mount Prospect
Elementary School Robert Frost Elementary School
Tax Annual Amount 3049.55
Middle/Junior High School Friendship Junior High School
Standard Status Active
Middle/Junior School District 59
Elementary School District 59
Property Type Detached Single

Interior Features

Basement Unfinished,Partial
Flooring Hardwood
Laundry Features Sink
Total Bedrooms 3
Room Type Foyer
LivingAreaSource Estimated
Total Baths 2
Bedrooms Possible 3

Exterior Features

Model Brighton
Parking Features Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 10205
Lot Size Acres 0.234
Waterfront Y/N No
Other Equipment CO Detectors,Ceiling Fan(s),Sump Pump

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Robert Frost Elementary School
Middle School Friendship Junior High School
High School Prospect High School

Price History

9/17/2026 Listed $479,900

Property vs Zip Code Average in 60056

Price
AVG $620K
$480K
Taxes
AVG $9,132
$3,049
Year Built
AVG 1963
1972

Areas That We Cover

1023 S Lancaster Street Mount Prospect, IL is a Single Family Home for sale at $479900 with 1400 sqft and a lot size of 0.234 Acres Acre(s). 1023 S Lancaster Street Mount Prospect has 3 bedrooms, 2 baths and was built in 1972. The property's zip code is 60056 which is in Mount Prospect, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.