Resoles were prepared under microwave irradiation with different phenols, such as phenol, o-, p-, and m-cresols, separately with formaldehyde having formaldehyde/phenol ratio of 2:1 in basic medium. Analogical synthesis was performed using conventional heating for comparing the methods. The methylolation of phenol was confirmed by Fourier transform infrared spectroscopic analysis and a reaction mechanism was proposed. The number-average molecular weight was found by gel permeation chromatography technique. On the basis of the calculated value of kinetic chain length, the structure of the resole-type phenolic resin was proposed. Differential scanning calorimetry technique was used to investigate the curing behavior. As assessed by dynamic thermogravimetry, traces of resole sample prepared from p-cresol were found to possess better thermal stability, both in conventional as well as microwave-irradiated systems, among all other resole samples. The tensile strength, elongation at break, and impact strength showed an increasing trend. The main advantage of the process is about sixfold reduction of reaction time of the process carried at microwave reactors in comparison with the conventional heating.