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205 School St

Mount Prospect, IL 60056

4 bd 5 ba 4,049 sqft Built 2010 Lot 8,712 sqft single_family
Most recent sale
$874,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $874,000 MLS #11432091
Jul 19, 2022 Price changed $899,900 MLS #11432091
Jul 6, 2022 Listed $939,500 MLS #11432091
Sep 26, 2007 Sold $278,500 Public Record
Sep 9, 2004 Sold $246,000 Public Record
May 25, 2004 Sold $240,000 Public Record
Mar 12, 2003 Sold $210,000 Public Record
Mar 13, 2002 Sold $130,000 Public Record
Dec 30, 1999 Sold $157,000 Public Record
Apr 21, 1997 Sold $135,500 Public Record
Sep 13, 1994 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $75,677 $6,322 $81,999 $22,799
2022 $75,677 $6,322 $81,999 $21,007
2021 $64,234 $4,578 $68,812 $20,364
2020 $64,234 $4,578 $68,812 $20,009
2019 $72,051 $4,578 $76,629 $11,838
2018 $50,687 $3,924 $54,611 $15,616
2017 $50,687 $3,924 $54,611 $15,676
2016 $50,687 $3,924 $54,611 $13,798
2015 $47,551 $3,488 $51,039 $14,036
2014 $56,192 $3,488 $59,680 $16,273
2013 $56,192 $3,488 $59,680 $16,247
2012 $54,292 $3,924 $58,216 $14,329
2011 $54,292 $3,924 $58,216 $12,916
2010 $18,383 $3,924 $22,307 $5,433
2009 $20,903 $4,142 $25,045 $5,564
2008 $10,430 $6,627 $17,057 $3,328
2007 $5,215 $6,627 $11,842 $2,276
2006 $16,296 $4,883 $21,179 $4,384

Property facts

Year built
2010
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,049 sqft
Lot size
8,712 sqft
ZIP code
60056
City
Mount Prospect
Street
School St
Coordinates
42.07038, -87.93093

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,288
Gross rental yield
10.01%
Implied cap rate
6.50%
Trend-extrapolated value

Frequently asked questions

When did 205 School St last sell?
205 School St most recently sold on Sep 19, 2022 for $874,000.
What is the current tax assessment for 205 School St?
The most recent total assessment for 205 School St (year 2023) is $81,999 with $22,799 in property tax.
How does 205 School St's assessment compare to its last sale price?
The current assessment is 90.6% below the last sale price of $874,000.
When was 205 School St built?
205 School St was built in 2010.
How does 205 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 205 School St?
205 School St is a 4 bed, 5 bath, 4,049 sqft, 8,712 sqft lot single_family.
Is 205 School St a flip candidate?
No — 205 School St does not appear in our flips dataset.
Is 205 School St a tax-appeal candidate?
No — 205 School St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$471.8K
2026 Q4
$482.5K
ZIP 60056 — Median Price History + Forecast

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