$1,699,000
( $121.36Per Sq Foot )
 $9,121 est/mo Sourced by Back At You

237 E Prospect Avenue,Mount Prospect, IL 60056

Mount Prospect, IL 60056

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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.

Details

MLS #12671662
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1962
Days On Site40
Listing Provided ByBaird & Warner | Minet Arreola

Features

SQ Feet14,000
Story(s)1
ZoningINDUS
Acreage0.76

Interior

CoolingCentral Air

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsConcrete, Brick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount64497.32

Area Information

StateIL
CountyCook
CityMount Prospect
Zip Code60056
AreaMount Prospect
Listing VS Median (in 60056)
Price:
$1,699,000
low | high
Med:
$417,500
100% of Average
sqft:
14,000
low | high
Med:
1,251
100% of Average
$ / sqft:
$121
low | high
Med:
$334
100% of Average
On site:
40
low | high
Med:
48.5
82.474226804124% of Average
Sourced by Back At You

Market Activity 60056

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Learn More About This Property

StateIL
CountyCook
CityMount Prospect
Zip Code60056
AreaMount Prospect
Listing VS Median (in 60056)
Price:
$1,699,000
low | high
Med:
$417,500
100% of Average
sqft:
14,000
low | high
Med:
1,251
100% of Average
$ / sqft:
$121
low | high
Med:
$334
100% of Average
On site:
40
low | high
Med:
48.5
82.474226804124% of Average
Sourced by Back At You
Listing Updated: July 19, 2026 at 11:13:53 PM PDT