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sales rep | Brivity IDX

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237 E Prospect Ave , Mount Prospect, IL 60056
$1,699,000
Est. Payment: $9,115.94/mo
14000 Sqft
0.77 Acres
Status: active | Days on site: 60
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6026 - 47530
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House Description

Exceptional opportunity to own a 14,000 SF industrial building in the heart of downtown Mount Prospect. Located adjacent to recently developed multifamily apartment communities, this property may present future redevelopment potential for qualified investors or developers. The property is currently zoned I-1 Limited Industrial, and any proposed redevelopment would require the appropriate approvals from the Village of Mount Prospect. Buyers should perform their own due diligence. This facility features 8 private offices, each with its own private restroom, a conference room, multiple storage rooms, and a spacious warehouse designed for a variety of industrial or manufacturing operations. The warehouse includes industrial utility infrastructure, employee restrooms, a kitchen/break area, a loading dock, and an overhead drive-in door for efficient shipping and receiving. Additional highlights include approximately 20 on-site parking spaces, a prime location within walking distance of the Metra station and downtown Mount Prospect, and convenient access to Elk Grove Village one of the region's premier industrial and business corridors. For Sale Only - Not Available for Lease.

Highlights

Listed by Minet Arreola , 224-817-3945 Baird & Warner , 847-381-1855. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.77

Year Built

1962

County

Cook

Area

Mount Prospect

Listing ID

12671662

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Concrete

Exterior Features

Lot Dimensions:164x263x140x183
Zoning:INDUS
Parking Features:19-30 Spaces
Principal Interest
$9,116
Taxes
$5,375

Home Price

$1,699,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$339,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,115.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,115.94 $5,374.78 $0.00 $14,490.71
Yearly $109,391.23 $64,497.32 $0.00 $173,888.55
Total $3,281,736.87 $1,934,919.60 $0.00 $5,216,656.47
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Mount Prospect, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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