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1040 Northwest Hwy Mount Prospect, IL 60056

For Sale
Contact for pricing

16,568 SF Office, High-Density Parking

Property size:
16,568 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional Mount Prospect, Illinois office building, located at 1040 W Northwest Highway, offers 16,568 square feet of versatile space. The property boasts a prime location with 275 feet of frontage along Northwest Highway, providing excellent visibility and accessibility. The building, constructed in 1989 and meticulously maintained, features a blend of brick and glass architecture. The interior comprises 12,290 square feet of second-floor office space, complemented by a 4,278 square foot warehouse area with potential for conversion into additional office space, expanding the total usable area to approximately 24,500 square feet. The building is equipped with ample parking, offering a high-density ratio of 8.1 spaces per 1,000 square feet (133 spaces total). Significant recent improvements include a new roof, two state-of-the-art Trane HVAC systems, and a new 300-kW diesel generator with a bypass/isolation transfer switch, ensuring reliable power. Further enhancing its appeal are new solar panels and robust fiber optic connectivity provided by AT&T and Comcast. The interior layout includes 22 private offices, two executive suites, a kitchen/break room, conference, training, and huddle rooms, and open areas suitable for cubicles. Three drive-in doors provide convenient access to the warehouse area. The property sits on a 2.1-acre lot in the B-1 zoning district and features prominent monument signage. This well-maintained building presents a unique opportunity for businesses seeking a functional and modern workspace in a highly desirable location.

Property Features for 1040 Northwest Hwy

General Information

Property type
Office Properties & Spaces
Square Feet
16,568 SF
Class
B
Lot Size
91,476 SF

Building Details

Year Built
1989

HighLights

  • 133 parking spaces; 8.1 spaces per 1,000 square feet.
  • B‑1 zoning.
  • 2.1‑acre lot.
  • 4,278 SF warehouse; potential for 8,000 SF conversion to office space.
  • 12,290 SF of second‑floor office space.
  • Modern, move‑in ready condition.
Property Profile Location Intelligence

Current Use by Public Records

Weldy-Lamont Associates Inc Manufacturer

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mount Prospect
County
Cook
State
Illinois
Longitude
-87.95016984
Latitude
42.06943326

FAQs

What type of property is this?
Office Property / Space - 16,568 SF Office, High-Density Parking
Where is this office property / space located?
The property is located at 1040 Northwest Hwy Mount Prospect, IL.
What are key features of this property?
This property features: 133 parking spaces; 8.1 spaces per 1,000 square feet.; B-1 zoning.; 2.1-acre lot.
More about this property
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