Residential

Mount Prospect, IL Residential Land & Home Lots for Sale

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Des Plaines, IL Wheeling, IL Arlington Heights, IL Rolling Meadows, IL Elk Grove Village, IL Glenview, IL Palatine, IL Park Ridge, IL
Vacant Residential Lot Opportunity
Updated: Apr 12, 2025
Vacant Residential Lot Opportunity

221 N Graylynn Drive, Mount Prospect, IL 60056

$165,000
Vacant lot in an established Mount Prospect neighborhood
Build your dream home on this blank‑canvas parcel
Close to schools, parks, and forest preserve
Near Downtown Mt. Prospect boutiques and restaurants
Metra access nearby
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land with Oversized Shed
Residential Land with Oversized Shed

890 North Avenue, Des Plaines, IL 60016

$229,900
900 sqft 0.44 AC lot

Residential land with a large shed for storage.

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Prime Glenview Lot Opportunity
Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900
0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

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Residential Land Lot for Custom Build
Residential Land Lot for Custom Build

3800 Kiess Drive, Glenview, IL 60026

$324,900

One-acre-third residential lot includes stormwater detention and requires final development approval from the Village of Glenview.

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Residential Lot with Architectural Plans
Residential Lot with Architectural Plans

9517 W Central Rd, Des Plaines, IL 60016

$359,100

Deep lot with utilities and architectural plans available.

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Mount Prospect, IL Residential Land & Home Lots Market Trends and Statistics

Explore 1 residential land & home lots for sale in Mount Prospect, IL on our real estate platform.

Sale prices for home sites in Mount Prospect, IL average $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 1

Demographics Overview

Population 56K
Population Growth (5Y) +1.3%
Median Household Income $104,168
College Educated 66.2%

High-Yield Neighborhoods for Investment

Identify Mount Prospect submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60056 $165K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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