Your message has been sent! Thank you!

501 E Prospect Ave, Unit 2B

(224) 628-7351
Check Availability
Mount Prospect, IL 60056

Contact

501 E Prospect Ave, Unit 2B

Mount Prospect, IL 60056
(224) 628-7351
501 E Prospect Ave, Unit 2B in Mount Prospect, IL - Building Photo
1 Bedroom - Condo for Rent
Unit 2B
  • 1BR, 1BA Condo
  • $1,650 Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,650

    Total Monthly Price
    $1,650
  • 650 Square Feet
  • 09-30-2026 Availability

Schedule a Tour

Request Tour
Call us at: (224) 628-7351 to request a tour.

About 501 E Prospect Ave, Unit 2B

Charming 1-Bedroom Apartment in Prime Mt. Prospect Location! Lovely 1-bedroom, 1-bath apartment conveniently located just blocks from the Mt. Prospect Metra Station and downtown Mt. Prospect. The functional layout offers comfortable living space and easy everyday living. Features include: 1 bedroom / 1 bathroom Functional and comfortable layout 1 parking space included Coin-operated laundry on site Excellent location near Metra, downtown shops, restaurants, and more A convenient location with everything you need just minutes from your door!

501 E Prospect Ave, Unit 2B is located in the Downtown Mount Prospect Neighborhood and 60056 Zip code of Mount Prospect, IL.

Property Contact Info

Lease Terms

  • 12 Month Lease

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Ask About Our Fees

Other Fees and Policies

Pet Policy and Fees

No Pets Allowed

Parking Info and Fees

Surface Lot

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.

Features and Amenities

On-Site Services

  • Laundry Facilities

Interior Features

  • Air Conditioning
  • Smoke Free

Pet Policy

  • No Pets Allowed
Google Map

Map

501 E Prospect Ave, Mount Prospect, IL 60056

Getting Around

  • 50 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 60 / 100 Good public transit

    Walking distance to rapid transit and frequent bus lines

  • 50 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 80 / 100 Very car friendly

    Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 60 / 100 Restaurants

    Variety of restaurants within a few minutes

  • 50 / 100 Cafes

    Some cafés within a few minutes

  • 60 / 100 Nightlife

    Several bars within a few minutes

  • 60 / 100 Shopping

    Several shops within a few minutes

  • 80 / 100 Parks

    Very large amount of park space within a few minutes

  • 0 / 100 Noise Level

    Many sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about 501 E Prospect Ave, Unit 2B

What type of rentals are available at 501 E Prospect Ave, Unit 2B?

There is currently a 1 Bed 1 Bath Condo for rent with 650 listed at 501 E Prospect Ave. It is Available September 30, 2026.

How much is the rent at 501 E Prospect Ave, Unit 2B?

501 E Prospect Ave, Unit 2B at 501 E Prospect Ave is currently listed at $1,650.

What area of town is 501 E Prospect Ave, Unit 2B located in?

Located in the Downtown Mount Prospect Neighborhood, 501 E Prospect Ave, Unit 2B is in the 60056 Zip Code of Mount Prospect, IL.

Lifestyle Ratings

  • Affordability 3.2

    The Affordability rating shows you how this community's most affordable floorplan pricing relates to the local average.

    * Price shown is Total Monthly Price including fees
Learn more about Lifestyle Search

Nearby Schools

Westbrook Early Learning Center

Mount Prospect School District 57
103 Busse Road
Public School - Grades PK-5 (400 Students)

Lincoln Middle School

Mount Prospect School District 57
700 West Lincoln Street
Public School - Grades 6-8 (775 Students)
7/10

Lions Park Elementary School

Mount Prospect School District 57
300 East Council Trail
Public School - Grades K-5 (456 Students)
9/10

Prospect High School

Township Hsd 214 School District
801 West Kensington Road
Public School - Grades 9-12 (2149 Students)
10/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 501 E Prospect Ave, Unit 2B.

Big Box and Retail

Aldi

730 E Rand Rd
2 minute drive / 0.92 miles away

Walgreens

1701 E Kensington Rd
5 minute drive / 1.84 miles away

Target

1700 E Rand Rd
7 minute drive / 3.34 miles away

Colleges and Universities

Oakton Community College

1600 East Golf Road
5 minute drive / 2.53 miles away

Roosevelt University - Schaumburg Campus

1400 N Roosevelt Boulevard
11 minute drive / 5.58 miles away

Harper College

1200 West Algonquin Road
15 minute drive / 7.42 miles away

Groceries

Mariano's Fresh Market

10 E Golf Rd
2 minute drive / 0.84 miles away

Aldi

730 E Rand Rd
2 minute drive / 0.92 miles away

Jewel-Osco

333 E Euclid Ave
5 minute drive / 1.89 miles away

Hospitals

Chicago Behavioral Hospital

555 Wilson Lane
6 minute drive / 2.82 miles away

Northwest Community Hospital

800 W Central Road
6 minute drive / 3.26 miles away

Advocate Lutheran General Hospital

1775 Dempster St
9 minute drive / 4.43 miles away

Military Bases

US Military Reservation Elk Grove

7 minute drive / 3.46 miles away

O'Hare Air Force Base & Air National Guard

10 minute drive / 5.07 miles away

Restaurants and Dining

Hemmingway's Bistro

211 N Oak Park Ave
17 minute drive / 8.32 miles away

Shopping Centers

Prospect Place

1-27 W Prospect Ave
1 minute drive / 0.41 miles away

Cumberland Commons

22-58 E Northwest Hwy
1 minute drive / 0.52 miles away

Clock Tower Place

100-110 W Northwest Hwy
1 minute drive / 0.55 miles away

501 E Prospect Ave, Unit 2B has 5 shopping centers within 0.7 miles.

Transit Stations

Mount Prospect Station-Union Pacific Northwest Line

S Emerson St & E Prospect ave
1 minute drive / 0.38 miles away

Cumberland Station-Union Pacific Northwest Line

475 N. Northwest Highway
3 minute drive / 1.05 miles away

Prospect Heights Station-North Central Service

S Wolf Rd and Edward Rd
5 minute drive / 2.51 miles away

Nearby Neighborhoods

Lions Park

Studio to 4 Bedroom Apartments from $1,300
View Rentals

Downtown Mount Prospect

Studio to 4 Bedroom Apartments from $1,300
View Rentals

Des Plaines Arlington Hts Corridor

Studio to 5 Bedroom Apartments from $1,025
View Rentals

Nearby Apartments

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Mount Prospect Studio Apartments $1,985$1,489$2,299
Mount Prospect 1 Bedroom Apartments $2,015$1,350$4,078
Mount Prospect 2 Bedroom Apartments $2,441$1,475$4,586
Mount Prospect 3 Bedroom Apartments $3,427$1,891$5,141
2 Bedroom Homes$2,083$1,600$3,000
3 Bedroom Homes$2,988$2,100$4,295
4 Bedroom Homes$3,849$2,950$5,700

Browse Top Apartments in Mount Prospect

Viewing: 501 E Prospect Ave, Unit 2B | Desktop Version | Listing Updated: 09/23/2026

Applying has never been easier!

The property you are applying to at 501 E Prospect Ave uses the Apartments.com application portal.