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Colonial Heights

Colonial Heights

Suburban Neighborhood in Mount Prospect, Illinois

Cook County 60056

$492,706 Average Value
$349 Average Price per Sq Ft
2 Homes For Sale

Loyalty in this suburb

In the northwestern Chicago suburb of Mount Prospect is the neighborhood of Colonial Heights, which lies in the western part of the popular suburb. “It’s an older area with most, if not all, of the original owners,” says Vince Dante, a Realtor with Baird & Warner with almost ten years of experience in real estate. “I’ve lived here for 21 years, and I’m also a trustee for the village of Mount Prospect. Public safety services like police and fire are top-notch. It’s a very safe area.”

Colonial Heights homes offer good value per dollar compared to its surrounding neighborhoods.
Colonial Heights homes offer good value per dollar compared to its surrounding neighborhoods.
Colonial Heights features homes with clean landscaping and decorative awnings.
Colonial Heights features homes with clean landscaping and decorative awnings.
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Two neighborhood schools

One of the reasons for the loyalty in the neighborhood is the access to quality public schools. Forest View Elementary School is within walking distance for some kids. The student-teacher ratio is 12-to-1 in this K-5 school with a B Niche grade. Fourth and fifth graders at this school can join the Chess Club, Student Senate, and a Service Club for fifth graders. Holmes Junior High School also receives a B and serves second through eighth-grade students. Rolling Meadows High School gets an A-plus on Niche and has a 94% graduation rate.

Forest View Elementary School is a well rated public school in Mt. Prospect, IL.
Forest View Elementary School is a well rated public school in Mt. Prospect, IL.
Holmes Jr. High is a part of Community Consolidated School District No. 59.
Holmes Jr. High is a part of Community Consolidated School District No. 59.
Rolling Meadows High School's mascot is Milo the Mustang.
Rolling Meadows High School's mascot is Milo the Mustang.
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Renovated 1960s houses

The story of the neighborhood dates to the 1960s, when a builder had only a few models used to design the houses. There are plenty of ranch-style, as well as split-level and tri-level houses. “I worked with an original owner in this neighborhood, and this person had original architectural plans for the neighborhood’s housing in pristine condition,” Dante says. “This was from 1965 when a house sold for $35,000.” These days, a house on the low end will cost $400,000, which is about 1,500 square feet. Larger homes with a more contemporary build and over 3,000 square feet usually cost over $600,000. Many houses have been renovated. “That usually happens when a long-time resident sells the house, and another person moves in,” Dante says. “Often, turnover happens when a long-time resident goes somewhere else to live, like an assisted living facility, or they pass on.”

There are many Ranch style homes in Colonial Heights.
There are many Ranch style homes in Colonial Heights.
Yards in Colonial Heights are often trimmed and well maintained.
Yards in Colonial Heights are often trimmed and well maintained.
Some homes in Colonial Heights have large yards with a wrap around porch.
Some homes in Colonial Heights have large yards with a wrap around porch.
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Large park for locals

Robert T. Jackson Clearwater Park covers 18 acres at the corner of Busse and Golf Roads. The playground at the park is dedicated to Betty Hedges, who lived in the area and worked at a nearby hospital. After she died of cancer, a boulder was put near the playground in 1976 inscribed with the word ‘Joy’ to honor Hedges, who died of cancer. In addition to the playground, there are tennis courts and a paved walking path. A water retention pond is also on-site and occasionally used for fishing.

Play a game of pickleball at one of several courts in Colonial Heights.
Play a game of pickleball at one of several courts in Colonial Heights.
Robert T Jackson Clearwater Park has events throughout the year, like movie nights and concerts.
Robert T Jackson Clearwater Park has events throughout the year, like movie nights and concerts.
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Shopping center eats

The Mount Prospect Commons Shopping Center near the park has some popular places to gather for a meal. Jelly Café is a breakfast and brunch spot with unique twists to classic breakfast food. The star of the show is in the name. Many people rave about the jelly here, which is made with a mix of fresh berries. Lucky Burgers is part of Jelly Café, and it’s the place to be after 4 p.m. for Angus beef burgers; at night, the space is open to try out the various slot machines. The area can also host semi-private, after-hours events for up to 50 people. Draft Picks Mount Prospect is the place to gather to watch the game. It’s the official Blackhawks bar, so whenever Chicago’s NHL team is on the ice, it’s sure to be hopping.

Jelly Cafe offers classic breakfast foods in Colonial Heights.
Jelly Cafe offers classic breakfast foods in Colonial Heights.
Catch the game while dining on some classic bar foods at Draft Picks bar in Colonial Heights
Catch the game while dining on some classic bar foods at Draft Picks bar in Colonial Heights
Enjoy comforting dishes like cobbler crepes at Jelly Café in Colonial Heights.
Enjoy comforting dishes like cobbler crepes at Jelly Café in Colonial Heights.
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A few miles away from a shopping mecca

It’s about a 10-minute drive to Woodfield Mall in the neighboring suburb of Schaumburg. With over 230 stores, it’s the largest shopping mall in Illinois and one of the biggest in the country. The mall attracts more than 27 million visitors a year. The mall, which opened in 1971, features JC Penney, Macy’s and Nordstrom as anchor stores. LEGOLAND Discovery Center Chicago is one of the more unique places at the mall, with various rides, including virtual reality trips through a LEGO world and a chance to build multiple creations using the famous toy bricks.

Woodfield Mall is a large shopping center a short drive from Colonial Heights
Woodfield Mall is a large shopping center a short drive from Colonial Heights
Montrose Market offers a variety of groceries, including Polish staples in Colonial Heights.
Montrose Market offers a variety of groceries, including Polish staples in Colonial Heights.
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Jeff Stapleton
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Jeff Stapleton
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Agents Specializing in this Area

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Schools

Source:
GreatSchools: 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 a scale of 1 (below average) 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 family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Johnson Maliekkal, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

18 min drive

Bus

Golf Rd & Oakwood Dr

Bus

Golf Rd & Busse Rd

Crime and Safety

1 - Low Crime, 10 - High Crime Colonial Heights US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$458,000
Median Single Family Price
$480,000
Average Price Per Sq Ft
$349
Number of Homes for Sale
2
Last 12 months Home Sales
11
Months of Supply
2.20
Median List Price
$485,000
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
418
Median Year Built
1964
Avg. Single Family Home Size Sq Ft
4,200
Significantly above the national average
1,935
Median Lot Size Sq Ft
19,602

Open Houses

  • Thursday, Apr 24
    4 - 6pm

    1716 W Myrtle Dr, Mount Prospect, IL 60056

    $485,000

    • 3 Beds
    • 2 Baths
    • 1716 W Myrtle Dr
    • New 3 days ago

    Welcome to this beautifully maintained 3-bedroom, 2-bath split-level home in the highly desirable Colonial Heights neighborhood of Mount Prospect. This move-in ready gem features a spacious layout including hardwood floors, new furnace (2024), fully remodeled basement (2019) w/new carpet (2025), custom mudroom w/storage cubbies, expanded driveway offering plenty of parking and much more. The

    Malgorzata Zatloukal Jameson Sotheby's Intl Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Johnson Maliekkal, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,045
Median Age
48
Population Density
6 ppl/acre
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
28%
Above the national average
19.1%

Finances

Median Household Income
$107,459
Significantly above the national average
$71,702
Average Household Income
$127,114

Education and Workforce

High School Graduates
92%
College Graduates
39.9%
Above the national average
34.1%
Advanced Degrees
18.3%
Above the national average
13.3%
% Population in Labor Force
62.6%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Bikeable

Bike Score®

58 / 100

Somewhat Walkable

Walk Score®

51 / 100

Some Transit

Transit Score®

26 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Colonial Heights