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All-Brick Triplex with Garage
For Sale
$899,900
Pending

512 W Ida Ct, Mount Prospect, IL 60056

Three-unit income property offers separate utilities and owner-maintained coin-operated laundry.

Property SizeContact for details
Days on Market48

Property Features for 512 W Ida Ct

General Information

Standard status Pending
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 3

Amenities

laundry room

Building Details

Year Built 1972
Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Midwest Signatureproperties Co
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Sep 12 Changed: Oct 28 Last Checked: Oct 28 at 7:54AM

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 Midwest Signatureproperties Co

Rey
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Investment Insights

Based on property information with market context.

This legal three-unit residential property is an all-brick building constructed in 1972. The second- and third-floor apartments each include 6 rooms, 3 bedrooms, and 1.5 bathrooms, with hardwood flooring throughout. The first-floor apartment has 4 rooms, 2 bedrooms, 1 bathroom, and heated flooring throughout. A 2.5-car garage, side drive, and street parking are included.

Each apartment has its own boiler and electric meter, while the owner pays cold water, sewer, and garbage. The property also includes a laundry room with coin-operated washer and dryer equipment maintained by the owner. Tenants are already in place, providing rental income at closing. The property is near expressways, a Metra station, O'Hare, bus stops, shopping, restaurants, schools, and parks, and is within the Prospect HS school district.

Key Highlights

  • Legal all‑brick triplex built in 1972
  • Second- and third‑floor units each offer 6 rooms, 3 bedrooms, and 1.5 bathrooms
  • First‑floor unit includes 4 rooms, 2 bedrooms, 1 bathroom, and heated flooring throughout

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

814
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
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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?
Triplex - Three-unit income property offers separate utilities and owner-maintained coin-operated laundry.
Where is this triplex located?
The property is located at 512 W Ida Ct Mount Prospect, IL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Legal all‑brick triplex built in 1972; Second- and third‑floor units each offer 6 rooms, 3 bedrooms, and 1.5 bathrooms; First‑floor unit includes 4 rooms, 2 bedrooms, 1 bathroom, and heated flooring throughout
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