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Apartment Building For Sale
For Sale
$1,699,000

237 E Prospect Avenue, Mount Prospect, IL 60056

For-sale apartment building at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois.

Property Size14,000 SF
Days on Market99

Property Features for 237 E Prospect Avenue

General Information

Standard status Active
Size 14,000 SF
Zoning INDUS

Taxes and HOA fees

Annual Taxes $64,497

Amenities

Central Air

Building Details

Building Size 14,000 SF
Year Built 1962
Stories 1
Listed By: Minet Arreola
Source: Evrealestate
Added: Jul 14 Changed: Oct 7 Last Checked: Oct 19 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Minet Arreola

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Investment Insights

Based on property information with market context.

This for-sale apartment building is located at 237 E Prospect Avenue in Mount Prospect, Illinois, in Cook County.

Access directions provided for the property are: pass the intersection of S Main St and US-14, turn right onto S Emerson St, then left onto E Prospect Ave, with the building on the right after passing S Elm St.

The offering is categorized as an apartment building / multifamily property, suitable for buyers evaluating residential income real estate.

Key Highlights

  • Apartment building for sale at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois
  • Built in 1962
  • Central air cooling

Property Analytics

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Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - For-sale apartment building at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois.
Where is this apartment building located?
The property is located at 237 E Prospect Avenue Mount Prospect, IL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Apartment building for sale at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois; Built in 1962; Central air cooling
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