Search
Mount Prospect Office/Warehouse Building
For Sale
Contact for pricing

1040 W Northwest Highway, Mount Prospect, IL 60056

16,568 RSF building with office and warehouse space.

Property Size16,568 SF
Days on Market1933

Property Features for 1040 W Northwest Highway

General Information

Standard status Active
Size 16,568 SF
Class B
Total Parking Spaces 133
Property subtype Office
Zoning B-1

Building Details

Year Built 1989
Listing Agency: Bradford Allen Realty Services Oak Brook
Listed By: Norm Murdoch · License #IL 475.122018
Source: Crexi
Added: May 8, 2021 Changed: Aug 21 Last Checked: Jul 17 at 3:42AM

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 Bradford Allen Realty Services Oak Brook

Investment Insights

Based on property information with market context.

This 16,568 RSF building features 12,290 RSF of office space and 4,278 RSF of warehouse space. The warehouse area could be converted into additional office space. The property has 275 feet of frontage along Northwest Highway. A new roof, HVAC, and electrical service with a back-up generator have been installed. The location offers high visibility along Northwest Highway, with monument signage opportunities. It is located blocks from Downtown Mount Prospect and the Metra stop. The building is constructed with brick and glass. The property is situated minutes from Downtown Mount Prospect and benefits from outstanding population demographics. The location is suitable for commercial real estate use.

Key Highlights

  • Highly visible location on Northwest Highway with monument signage opportunity.
  • 16,568 RSF Building with flexible space: 12,290 Office and 4,278 RSF Warehouse (convertible to office).
  • New roof, HVAC, and electrical service with back‑up generator.**

Property Analytics

Current Use

Weldy-Lamont Associates Inc Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

541
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 16,568 RSF building with office and warehouse space.
Where is this office building located?
The property is located at 1040 W Northwest Highway Mount Prospect, IL.
What are key features of this property?
This property features: Highly visible location on Northwest Highway with monument signage opportunity.; 16,568 RSF Building with flexible space: **12,290 Office and 4,278 RSF Warehouse (convertible to office).**; New roof, HVAC, and electrical service with back‑up generator.**
(630) 239-4082 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message