For sale Home

Listed Oct 31, 2026

$350,000 Est. $2,315/mo

1418 South Fern Drive

  • 5

    Beds

  • 3

    Baths

  • 1,374

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1968

Price per sq ft

$255

Parking

2-car garage

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Gas

  • Appliances

    Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

  • Roof

    Asphalt

  • Water Source

    Lake Michigan, Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,315 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,863
  • Property tax $350
  • Insurance $102

Includes principal, interest, taxes & insurance.

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Listing Broker

Baird & Warner

Broker Name

Baird & Warner

Agent

Carol Juntunen