6-Unit Apartment
New
For Sale
$975,000
714 W Ivanhoe Lane, Mount Prospect, IL 60056
Commercial Sale, Mount Prospect, IL
Property SizeContact for details
Lot Size0.06 Acres
Days on Market3
Property Features for 714 W Ivanhoe Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 9, Bathroom 2, Bathroom 1, Bedroom 7, Bedroom 8, Bedroom 2, Bedroom 5
Directions
Elmhurst Rd (Rt 83) S of Golf Rd (Rt 58) to Huntington Commons Rd W to Sir Galahad N to Ivanhoe Lane
Subdivision
Mount Prospect
Standard status
Active
APN
08144011290000
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17949
Building Details
Year built
1977
Floors in Building
2
Number of units
6
Building materials
Brick
Listing Agency:
RE/MAX City · RE/MAX International
Listed By:
Jesus Vazquez
(773) 775-0600
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 10:06AM
MLS# 12790364
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This six-unit apartment property at 714 W Ivanhoe Lane is built of brick and dates to 1977. The grounds are landscaped, and the units are described as well maintained. The parcel measures 0.0613 acres and carries MULTI zoning.
Parks are within walking distance, and the property is located in Mount Prospect, Illinois.
Parks are within walking distance, and the property is located in Mount Prospect, Illinois.
Key Highlights
- Six‑unit apartment property
- Brick construction; built in 1977
- 0.0613‑acre parcel with MULTI zoning
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
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Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction and landscaped grounds complement a maintained multifamily property in Mount Prospect.
Where is this apartment building located?
The property is located at 714 W Ivanhoe Lane Mount Prospect, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Six‑unit apartment property; Brick construction; built in 1977; 0.0613‑acre parcel with MULTI zoning
