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    1326 W Central Rd Mount Prospect, IL 60056

    For Sale
    $185,000

    Land - Mount Prospect, IL

    Lot size:
    0.29 Acres
    Days on Market:
    119
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 1326 W Central Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    03334150140000
    Lot size
    0.29 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Suburban (847) 577-9888 [email protected]

    Listing agent Heidi Engel (847) 259-0202 License #471008194

    Listing date Aug 11, 2025

    MLS# 12418290 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Lot Backing Melas Park

    This residential lot, measuring 50x200, backs to Melas Park. It is located near Fairview, Lincoln, and Prospect schools, as well as Westbrook for early learners. Water, gas, electric, and sewer utilities are accessible at the street. Village setbacks are 30 feet from the street, with side setbacks of 5 feet. The location is approximately 1.2 miles from the Mount Prospect Metra and downtown area (4 minutes), and 2.5 miles from the Arlington Heights Metra and downtown area (6 minutes). This lot is suited for building a dream home with access to 35 acres of park district land, including a 1.3+ mile walking path. The lot size is approximately 0.29 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Studio Art Studio

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9564182
    Latitude
    42.0668611

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    FAQs

    What type of property is this?
    Residential land & home lot - Serene residential lot near parks and top-rated schools.
    Where is this residential land & home lot located?
    The property is located at 1326 W Central Rd Mount Prospect, IL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Backs directly onto SERENE MELAS Park (35 acres with 1.3+ mile walking path).; - Located in the highly desirable Fairview-Lincoln-Prospect-Westbrook school district.; - Last available 50x200 lot of its kind backing to the park.
    (847) 259-0202
    Request Owner's contact information
    1326 W Central Rd Mount Prospect, IL 60056
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    Mount Prospect, IL 60056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1326 W Central Rd Mount Prospect, IL 60056
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