Residential

Mount Prospect, IL Residential Land & Home Lots for Sale

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Des Plaines, IL Wheeling, IL Elk Grove Village, IL Rolling Meadows, IL Glenview, IL Palatine, IL Park Ridge, IL Buffalo Grove, IL
Vacant Residential Lot Opportunity
Updated: Jun 3, 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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See hot listings in Mount Prospect

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Residential Lot for sale in Mount Prospect, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Land, Glenview, IL
Land, Glenview, IL

3955 W Lake Avenue, Glenview, IL 60025

$1,000,000
3.05 acres

Land · 3.05 Acres

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Land or Vacant Lot
Land or Vacant Lot

3955 W Lake Avenue, Glenview, IL 60025

$1,000,000

Residential land & home lots

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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.

View details
Land or Vacant Lot
Land or Vacant Lot

9650 Reding Circle, Des Plaines, IL 60016

$155,000

Waterfront Land

View details

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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