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$3,700 /month

501 S School St, Mount Prospect, IL 60056

Last Updated:

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

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

Destination Address
  • Drive Time
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What's nearby 501 S School St

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Get In Touch

Property Address:
501 S School St,
Mount Prospect, IL 60056
Listed by
Stewart Ramirez | E- Signature Realty
Phone Number: (773) 988-1710
MRED#IL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Area Scores

Walkability

Fairly walkable50 / 100

Transit

Limited public transit30 / 100

Driveability

Very drivable80 / 100

Bikeability

Moderately bikeable60 / 100

Scores provided by

Travel and Transit

Commuter Rail
0 min Drive
Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)
Commuter Rail
5 min Drive
Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)
Airport
Chicago O'Hare International
15 min Drive
ORD
Airport
Chicago Midway International
44 min Drive
Chicago Midway International

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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