502 S I Oka Avenue — Mount Prospect, IL 60056
Active
▼ $50,000
Mount Prospect, IL 60056

502 S I Oka Avenue

$735,000
4 beds · 4 baths · 3,031 sqft
$50,000 below original 110 days on market $16,203/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$735,000
List price
3,031
Square feet
4
Bedrooms
3 full / 1 half
Bathrooms
1927
Year built
0.18 ac
Lot size
1
Garage spaces
$16,203
Annual taxes
Detached Single
Style
110
Days on market
04Features
Heating
BaseboardRadiator(s)
Cooling
Window Unit(s)
Parking
Garage OwnedDetachedGarage
Construction
Cedar
Sewer
Public Sewer
05Neighborhood
This home EElementary schoolMMiddle schoolHHigh school
E Elementary school
Lions Park Elementary School
Mount Prospect, IL
📍0.5 mi🚗1 min🚶13 min
M Middle school
Lincoln Junior High School
Mount Prospect, IL
📍24 mi🚗62 min
H High school
Prospect High School
Mount Prospect, IL
📍1.5 mi🚗4 min🚶35 min
  • Mia's Cantina 0.5 mi
  • Mrs. P & Me 0.5 mi
  • Big Surf Concession Stand 0.5 mi
  • Subway 0.5 mi
  • The Prospect 0.5 mi
  • Emerson's Ale House 0.6 mi
  • Angelo Caputo's Fresh Markets 0.5 mi
  • Citgo 0.7 mi
  • 7-Eleven 0.8 mi
  • KD Market- Krystyna's Deli 0.8 mi
  • Shell 1.1 mi
  • Shell 1.1 mi
  • Weller Creek Park 0.3 mi
  • Sunset Park 0.5 mi
  • Lions Park 0.6 mi
  • Moehling 0.6 mi
  • Centennial Green Park 0.6 mi
  • We-Go Park 0.6 mi
  • Le Peep Cafe 0.5 mi
  • Starbucks 0.5 mi
  • Dunkin' 0.6 mi
  • Dunkin' 1.1 mi
  • Scooter's Coffee 1.2 mi
  • Dunkin' 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 26, 2026
Price reducedThis listing
Baird & Warner
$735,000
−$50,000
Feb 6, 2026
Listed for saleThis listing
Baird & Warner
$785,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Baird & Warner · Bryan Nelson · 847-204-3353
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12539977
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