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    325 W Prospect Ave Mount Prospect, IL 60056

    For Lease
    $24 SF/Yr

    Commercial Lease - Mount Prospect, IL

    Days on Market:
    77
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 325 W Prospect Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Number of units
    9
    Flooring type
    Carpet, Tile
    Architectural style
    Other

    Rachael Real (630) 542-8688 [email protected]

    Listing agent Rachael Real (630) 542-8688 License #471019605

    Listing date Sep 20, 2025

    MLS# 11829906 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space in Prospect

    This recently renovated multi-tenant building is situated in a prime downtown Mount Prospect location, offering excellent exposure facing the Metra train line. One suite remains available. Suite 5 measures approximately 31 x 15 feet, totaling 468 square feet, and features a front reception area with a reception desk, along with two semi-private offices. The suite also includes a galley kitchenette equipped with cabinet storage and a sink. Previously used as a dentist office, the suite is wired with CAT5, HDMI network cables, and speaker wire throughout. Gas and water are included in the monthly rent, while the tenant is responsible for separately metered electric. The electric will be $50 per month until ComEd separates the meters, which will occur once the suite is occupied. Two private restrooms are located in the common hallway on the main floor. The building is owner-occupied, with the owner handling all maintenance and common area cleaning, creating a combination for a business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shen Michael M ... Dentist Brouder Timothy DDS Dentist Good Health To You! ... Massage Therapist De Filipps Kristin Family Counselor Ashley Knapstein Massage ... Massage Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9421401
    Latitude
    42.0650669

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    FAQs

    What type of property is this?
    Office space - Recently renovated office space in prime downtown Mount Prospect location.
    Where is this office space located?
    The property is located at 325 W Prospect Ave Mount Prospect, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Mt Prospect location with excellent exposure facing Metra train line.; - Recently renovated multi-tenant building.; - Suite 5 (468 sq ft) includes reception area, two semi-private offices, and galley kitchenette.
    (630) 542-8688
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    325 W Prospect Ave Mount Prospect, IL 60056
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    Mount Prospect, IL 60056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    325 W Prospect Ave Mount Prospect, IL 60056
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