1418 S Fern Drive
Mount Prospect, IL 60056

$350,000 (New)

Beds: 5
Baths: 2 | 1
Sq. Ft.: 1,374
Type: House
Listing #12798394
MULTIPLE OFFERS RECEIVED - Offer Deadline & Review Process: The deadline for submitting offers is Sunday, November 8th, at 5:00 PM. All offers will be reviewed on Sunday evening, and a final decision will be made by Monday at noon. INVESTOR & RENOVATION OPPORTUNITY - MOUNT PROSPECT Opportunity is knocking! This spacious 5-bedroom, 2.5-bath mid-level entry raised ranch with an attached 2-car garage is brimming with potential. A welcoming entryway with coat closet opens to a flexible L-shaped living and dining area, with hardwood floors throughout the main level ready to be sanded and refinished. The primary bedroom features a private full bath, while two additional bedrooms share a second full bath. The kitchen offers a head start - updated cabinetry, granite countertops, ceramic tile backsplash, and a new refrigerator and dishwasher - ready for you to refresh the finishes. The lower level expands the possibilities: a family room with fireplace, two additional bedrooms, a versatile alcove ideal for a home office or hobby space, a separate laundry room, and a half bath already plumbed for a shower. Major improvements already completed: roof approx. 4 years old, newer siding, new garage door, furnace and central air (2017), water heater (2014), plus a new washer and dryer. Interior repairs are needed to damaged walls, flooring, and finishes throughout - a wonderful canvas for an experienced investor or renovator. Located in the established Elk Ridge Villas subdivision of Mount Prospect, served by School Districts 59 and 214, with convenient access to shopping, dining, parks, Metra commuter service, and major transportation routes. Sold strictly as-is; sellers will make no repairs and provide no credits. The opportunity is here - the vision is yours.
Property Features
Location Information
County: Cook
MLS Area: Mount Prospect
Subdivision: Elk Ridge Villas
Township: Elk Grove
Interior Features
Total Rooms: 9
Bedrooms Above Grade: 5
Bedrooms Below Grade: 0
Additional Rooms: Bedroom 5, Other Room
Master Bedroom Size: 12X15
Master Bathroom Description: Full
Full Baths: 2
1/2 Baths: 1
Dining Room Description: Combined w/ LivRm
Dining Room Size: 10X12
Family Room Size: 14X14
Living Room Size: 13X22
Kitchen Size: 12X15
Has Fireplace: Yes
Number of Fireplaces: 1
Heating: Gas
Cooling: Central Air
Additional Equipment: Ceiling Fan(s), Fan-Whole House, Security Cameras
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Basement Description: Finished, Full
Has Basement: Yes
Sizes of Other Bedrooms: 12X13, 10X13, 11X11
Exterior Features
Style: Mid Level
Style: Mid Level
Stories: Raised Ranch
Construction: Vinyl Siding, Brick
Foundation: Concrete Perimeter
Roof: Asphalt
Water Source: Lake Michigan, Public
Septic or Sewer: Public Sewer
Electric: Circuit Breakers
Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Driveway, Owned, Garage
Has Garage: Yes
Garage Spaces: 2
Parking Spaces: 4
Other Structures: Shed(s)
Lot Size: Less Than .25 Acre
Lot Size in Acres: 0.165
Dimensions: 7200
School
High School District: TOWNSHIP HIGH SCHOOL DIST 214
Elementary School: Robert Frost Elementary School
Middle School: Friendship Junior High School
High School: Prospect High School
Additional Information
Possession: Closing
Property Type: SFR
Property SubType: Residential, Raised Ranch
Property SubType 2: Detached Single
Attached/Detached SubType: Raised Ranch
Year Built: 1968
Age: 51-60 Years
Parcel Number: 08143030230000
Status: New
Association Fee: $0
Association Fee Frequency: Not Applicable
Association Fee Includes : None
Tax Year: 2025
Tax Amount: $8,171.02
Built Before 1978: Yes
Double Wide: No
Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Square Feet Source: Assessor


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Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of Baird & Warner
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© 2026 MRED LLC. All rights reserved.
Based on information submitted to the MLS GRID as of MRED LLC 2026. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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MRED LLC data last updated at November 6, 2026, 9:30 PM CT