
501 S School St, Mount Prospect, IL 60056
What This House Offers
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. MLS# MRD12646756
Based on information submitted to the MLS GRID as of [see last changed date above]. 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. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Unit
- $3,700 / month
- 3 Beds
- 2 Baths
- 1517 sq. ft.
- Available Jun 1
Home Features
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Washer/Dryer
Community Features
- Garages
501 S School St is a single-family home for rent in Mount Prospect, IL
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- Garage
Dogs
- Dogs Allowed
Cats
- Cats Allowed
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Mount Prospect, IL 60056

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Area Scores
Walkability
Fairly walkable50 / 100
Transit
Limited public transit30 / 100
Driveability
Very drivable80 / 100
Bikeability
Moderately bikeable60 / 100
Travel and Transit




Local Education
Colleges and Universities
School
Commute Time (Distance)
Oakton C.C., Des Plaines
Drive: 9 min (3.4 mi)
Roosevelt Univ., Schaumburg
Drive: 14 min (6.8 mi)
Harper College
Drive: 18 min (8.9 mi)
Oakton C.C., Skokie Campus
Drive: 20 min (11 mi)
Discover Downtown Mount Prospect, Mount Prospect, IL
Shopping Centers
Shoppers will appreciate 501 S School St proximity to Cumberland Commons, Virginia Court, and Bainbridge Plaza. Cumberland Commons is 0.7 miles away, and Virginia Court is within an 18 minute walk.
Commuting
With a TransitScore of 30, 501 S School St has limited public transit, including 10 transit stops within 11 miles. Transit options include Rosemont Station and Cumberland Station.
Parks and Recreation
Recreational activities near 501 S School St are plentiful. Discover 2 parks within 4.1 miles, including Big Bend Lake and Dam No. 2 Woods.
Airports
Living in Downtown Mount Prospect provides easy access to Chicago O'Hare International, located just 16 minutes from 501 S School St. Another nearby airport is Chicago Midway International, located 24.5 miles away.
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