Six-Unit Apartment
714 W Ivanhoe Lane, Mount Prospect, IL 60056
For Sale
$975,000
Under Contract
Commercial Sale, Mount Prospect, IL
Property SizeContact for details
Lot Size0.06 Acres
Days on Market24
Property Features for 714 W Ivanhoe Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
RE/MAX City · RE/MAX International
Listed By:
Jesus Vazquez · License IL #475142675
(773) 775-0600
Added: Oct 19
Changed: Oct 31
Last Checked: Nov 11 at 1:06PM
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.
At 714 W Ivanhoe Lane in Mount Prospect, this six-unit apartment building was constructed in 1977. The brick building occupies a 0.0613-acre lot and carries MULTI zoning. The grounds are landscaped, and the property includes six rental units.
The building is in a Mount Prospect subdivision, with parks within walking distance.
The building is in a Mount Prospect subdivision, with parks within walking distance.
Key Highlights
- Six rental units
- Brick construction; built in 1977
- 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
Properties on Market for Apartment buildings in Cook County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Six rental units sit in a brick building zoned MULTI.
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 rental units; Brick construction; built in 1977; MULTI zoning
