Mount Prospect Illinois Real Estate

Mount Prospect is a small but exquisitely beautiful village with a population of approximately 57000 people, 22miles away from Chicago. With just 15 minutes drive away from O’Hare airport, and about 35 minutes drive from Chicago Loop, it is almost like living in Chicago itself. The village is very well connected both by train and bus making it easy and convenient for commuters to come and go any time.

The history describes the origin of Mount Prospect to the Great Chicago Fire in 1871, when people abandoned the city to move away to reasonable safety of the nature and open ground. The population heavily migrated from the surrounding neighborhood, Arlington Heights, Illinois and Park Ridge. It was officially incorporated as a village with its own demographic identity in 1971.

Mount Prospect has developed into a homestead village from a modest beginning of farming land. It was modeled so beautifully and the improvements were so drastic, that it won the award for quality improvement in 1986. It is also winning every year, ever since 1985, the award of “Tree City USA”! These achievements can give you an instant picture of what type of community lives in Mount Prospect and what type of environment it consist of.

The house costs average $347,980 as per the last year Census, which is a very cheap price for the extreme beauty and the exquisite aesthetic of Mount Prospect. The houses are historic in their architectural construction, based on the 1900s models. However, the historic buildings and architecture blend effortlessly with the new and modern architecture of the recent constructions. Mount Prospect has a vast range of housing to choose. From real large ranches to one bedroom units, this quaint historic village has a home for any budget and any taste.

For those who prefer rent to buying, Mount Prospect offers one-room houses which starts at $580 to three-bedroom houses priced at $1600-1800/-. On the lower costs side, apartments are easily available and very modern. The housing value of Mount Prospect is high, above the average of the State housing pricing.

Mount Prospect has good schools, two of which are run by Catholic establishments. For recreation Mount Prospect has number round-the-year activities like golf, tennis, racquetball, and basket ball and volleyball facilities. Mount Prospect also boasts of a fantastic 480 acres of parks.

The economy of Mount Prospect is significantly above average when compared to that of the State. Its community consists of highly educated mass, gainfully employed and at the same time committed to keep the village unspoiled by the raising standards in consumerism. Surprisingly a great number of foreigners have settled down in Mount Prospect, giving it a multi-cultural flavor which enhances its attraction to outsiders.