Mount Prospect · Cook County · IL
Homes for sale in
Elk Ridge Villas.
- Active listings
- 1
- Median list
- $450K
- Avg time on market
- 16 days
- Sold · last year
- 9
Active listings
1 home on the market
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About the community
An established, no-HOA single-family neighborhood on the south side of Mount Prospect.
Despite the Villas in its name, Elk Ridge Villas is a neighborhood of detached single-family homes on the south side of Mount Prospect in Cook County, along the Golf Road corridor east of Busse Road. The homes were built primarily in the mid-1960s, so it has the feel of a mature, tree-lined postwar suburban tract rather than a planned association community. Buyers are drawn by relative value within a well-regarded northwest-suburban village, detached homeownership with no association dues, and a south-side location that puts major roads, retail corridors, and O'Hare within easy reach.
At a glance
Detached single-family
Despite the Villas name, these are detached single-family homes, generally 1,000 to about 3,000 sq ft, three to five bedrooms, most built in the mid-1960s.
No HOA dues
Listings show no mandatory association dues, so there are no monthly fees, but exterior upkeep, landscaping, and snow removal fall to each owner.
HSD 214 and CCSD 59
High school is Township HSD 214, and elementary and middle are most likely CCSD 59, but this part of Mount Prospect has complex boundaries. Confirm the assigned schools by address.
Near O'Hare
A short drive from O'Hare International Airport, convenient for travelers, with some aircraft noise depending on flight paths.
I-90 and IL-83
Quick access to IL-83 along the Busse and Elmhurst corridor and I-90 toward downtown and the Elk Grove job base.
Metra UP-NW line
Mount Prospect station on the Metra Union Pacific Northwest line is on the north side of the village, a drive from this south-side pocket.
Randhurst Village
Randhurst Village and the Golf Road and Elmhurst Road retail corridors cover shopping and dining.
Endeavor Health
Endeavor Health runs an immediate care and outpatient center in Mount Prospect, with Northwest Community Hospital in Arlington Heights.
Mt. Prospect Park District
The Mt. Prospect Park District operates parks, pools, a golf club, and trails across the village.
What’s close
Elk Ridge Villas sits on the south side of Mount Prospect along the Golf Road corridor east of Busse Road, with IL-83 and I-90 close by and O'Hare a short drive south.
- Shopping
- Randhurst Village to the north, plus retail along the Golf Road and Elmhurst Road corridors nearby.
- Highway
- IL-83 along the Busse and Elmhurst corridor and I-90 (Jane Addams Tollway) toward O'Hare and downtown.
- Train
- Metra Union Pacific Northwest line at the Mount Prospect station on the north side of the village.
- Hospital
- Endeavor Health outpatient and immediate care in Mount Prospect, with Northwest Community Hospital in Arlington Heights.
- Schools
- Township HSD 214 for high school and most likely CCSD 59 for elementary and middle. Confirm the assigned schools by address.
- Recreation
- O'Hare and the expressways are minutes away, and the Mt. Prospect Park District runs parks, pools, a golf club, and trails.
What it’s actually like to live here
Elk Ridge Villas offers the practical appeal of an established mid-1960s Mount Prospect neighborhood: solid brick and frame single-family homes on modest lots, mature trees, sidewalks, and quiet residential streets. Buyers here are typically drawn by relative value within a well-regarded northwest-suburban village, the flexibility of detached homeownership with no association dues or rules, and a south-side location with easy reach to major roads, retail, and O'Hare. Homes with finished basements and multiple bedrooms make it workable for families and move-up buyers who want space without a new-construction price.
The absence of an HOA is a genuine double-edged feature. On the plus side, there are no monthly dues and no association telling you what to do with your property. The tradeoff is that all exterior upkeep, landscaping, and snow removal fall to each owner, and there is no shared clubhouse, pool, or gated amenity package, so anyone expecting a maintenance-free villa lifestyle should look elsewhere. Because the housing stock is more than sixty years old, condition varies widely home to home, so inspections and a careful read of each listing matter.
The honest headline tradeoffs are location-driven. Cook County property taxes are high on an effective-rate basis, which buyers should budget for. Proximity to O'Hare is a convenience but can mean aircraft noise on certain days and flight paths. And while the village has a walkable, transit-served downtown on the Metra line, this south-side pocket is more car-oriented, with the train station and the marquee Randhurst shopping district a drive away. For buyers who prioritize value, space, and access over walkability and turnkey amenities, it is a sensible pick.
The questions buyers actually ask
Elk Ridge Villas FAQ
The questions I get most from buyers shopping Elk Ridge Villas. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Listings in Elk Ridge Villas show no mandatory homeowners association dues, which is typical of a detached single-family tract of this era. That means no monthly fees, but also no association handling exterior maintenance, landscaping, or snow removal, and no shared clubhouse or pool. If a specific home is marketed with an association, confirm the dues and coverage on that listing.
- What are property taxes like?
- Roughly $9,000 – $11,500 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Elk Ridge Villas a townhome or villa community?
- No. Despite the name, real-estate sources consistently list it as a detached single-family home neighborhood. A separate rental complex with a similar name exists elsewhere in Mount Prospect and should not be confused with this subdivision.
- Is there an HOA, and what does it cover?
- No mandatory association dues are documented for this subdivision. That means no monthly fees, but also that exterior maintenance, landscaping, and snow removal are each homeowner's responsibility, and there are no shared community amenities. Confirm any association on the specific listing.
- When were the homes built and how big are they?
- The subdivision is primarily a mid-1960s development. Homes generally range from around 1,000 sq ft up to roughly 3,000 sq ft, typically three to five bedrooms, many with basements. Condition and updates vary widely given the age.
- What schools serve Elk Ridge Villas?
- Assignments in this part of south Mount Prospect are complex. The high school district is Township HSD 214, and elementary and middle are most likely CCSD 59, though MLS data also references other districts. Confirm the exact assigned schools with the districts using the specific property address before you rely on any school.
- How much do homes cost and how is the market?
- Elk Ridge Villas sits in a moderate, mid-market range for Mount Prospect. Pricing and market pace change constantly, so check the live Market snapshot on this page for current listings, values, and trends rather than a static number.
- What are the property taxes like?
- Expect a Cook County effective property tax rate in the general range of about 2.0 to 2.5 percent of market value, higher than national norms. The exact amount depends on assessed value, the local levy, and any exemptions, so verify a specific home with the Cook County Assessor and Treasurer.
- Who is the real estate agent for Elk Ridge Villas?
- Joe Keegan is the local licensed Illinois real estate broker who covers Elk Ridge Villas in Mount Prospect, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Elk Ridge Villas specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Elk Ridge Villas
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Mount Prospect specialist
- Honest local market take
- Brokerocity
Market snapshot
Elk Ridge Villas, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$450,000
Typical sale price · last 90 days
$550,000
Homes for sale right now
1
Avg time on market
16 days
Sold in the last year
9
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 3, 2025 through August 3, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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