Value-add opportunity near the lake in Mount Prospect. Located in the established Lake Briarwood neighborhood, this 4 bedroom, 3 bathroom home offers strong renovation and resale potential in a desirable lake-area community. The property features a solid layout with large bedrooms, hardwood flooring throughout, a family room with fireplace, and a finished basement with fourth bedroom. Generous square footage provides flexibility for reconfiguration or modernization. Situated just a short walk from the lake, the home benefits from private community lake access for residents only. Fishing, boating, and swimming are available exclusively to the neighborhood, adding long-term value and buyer appeal. The large yard includes a shed and offers room for exterior improvements. The home needs TLC but is move-in ready and is being sold as-is, making it ideal for contractors, rehabbers, or investors seeking a cosmetic or light renovation project. Strong upside potential in a sought-after Mount Prospect location with limited lake-area inventory.
Property Details
Price:
$493,000
MLS #:
MRD12672196
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subdivision:
Lake Briarwood
Neighborhood:
mountprospect
Listed Date:
Jun 10, 2026
Finished Sq Ft:
1,797
Year Built:
1977
Schools
School District:
214
Elementary School:
John Jay Elementary School
Middle School:
Holmes Junior High School
High School:
Rolling Meadows High School
Interior
Appliances
Double Oven, Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas
Exterior
Architectural Style
Colonial
Community Features
Lake
Construction Materials
Brick, Cedar
Garage Spaces
2
Parking Features
Concrete, Yes, Garage Owned, Attached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt
Financial
HOA Fee
$470
HOA Fee Frequency
Annually
HOA Includes
Lake Rights
Tax Year
2024
Taxes
$6,524
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2950 Briarwood W Drive
Mount Prospect, IL



