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    Mount Prospect, IL
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    Mount Prospect, IL Multifamily Properties for Sale

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    Des Plaines, IL Wheeling, IL Arlington Heights, IL Elk Grove Village, IL Glenview, IL Palatine, IL Rolling Meadows, IL Park Ridge, IL
    Apartment Building For Sale
    Updated: Jul 14
    Apartment Building For Sale

    237 E Prospect Avenue, Mount Prospect, IL 60056

    $1,699,000
    Apartment building for sale at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois
    Built in 1962
    Central air cooling
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    1216 N Northwest Highway, Park Ridge, IL 60068

    $490,000
    0.17 AC lot

    Solid two-unit duplex with occupied units, hardwood floors, individual garage spaces, and a basement with coin laundry.

    View details
    Updated Two-Flat in Park Ridge
    Updated Two-Flat in Park Ridge

    1108 Fortuna Avenue, Park Ridge, IL 60068

    $999,500

    Spacious, updated two-flat near top-rated schools in Park Ridge.

    View details
    Brick 8-Unit Multifamily Building
    Brick 8-Unit Multifamily Building

    748 E 5th Ct, Des Plaines, IL 60016

    Contact for pricing

    Brick 8-unit building with 7 one-bed and 1 two-bed unit, coin laundry, and private parking spaces.

    View details
    22-Unit Apartment Building
    22-Unit Apartment Building

    560-570 Princeton St, Des Plaines, IL 60016

    Contact for pricing
    20,000 sqft

    Well-maintained 22-unit multifamily property with a rear parking lot and a mix of 1- and 2-bedroom apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

    View details

    Off-Market Properties in Mount Prospect, IL

    Consider similar Off-Market properties in Mount Prospect, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1444 Busse Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1444 Busse Rd, Mount Prospect, IL 60056-4770

    $30,000,000
    Estimated value
    12.70 AC lot
    View details
    1501 Busse Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1501 Busse Rd, Mount Prospect, IL 60056-4979

    Value Estimation by Request
    3.69 AC lot
    View details
    210 Kenilworth Ave, Unit 12
    GARDEN APT, COURT APT (5+ UNITS)

    210 Kenilworth Ave, Mount Prospect, IL 60056-2236

    Unit 12
    $800,000
    Estimated value
    0.54 AC lot
    View details
    1195 Boxwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1195 Boxwood Dr, Mount Prospect, IL 60056-1252

    $1,330,000
    Estimated value
    0.33 AC lot
    View details
    535 Ida Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    535 Ida Ct, Mount Prospect, IL 60056-6914

    $670,000
    Estimated value
    3,748 sqft 0.18 AC lot
    View details
    564 Ida Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    564 Ida Ct, Mount Prospect, IL 60056-6902

    $660,000
    Estimated value
    3,710 sqft 0.18 AC lot
    View details
    1005 Ardyce Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    1005 Ardyce Ln, Mount Prospect, IL 60056-2665

    $530,000
    Estimated value
    3,798 sqft 0.18 AC lot
    View details
    546 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    546 Dempster St, Mount Prospect, IL 60056-5396

    $620,000
    Estimated value
    3,710 sqft 0.19 AC lot
    View details
    219 School St, Unit 21
    APARTMENT HOUSE (UNDER 5 UNITS)

    219 School St, Mount Prospect, IL 60056-3318

    Unit 21
    Value Estimation by Request
    2,415 sqft 0.21 AC lot
    View details
    1115 Boxwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1115 Boxwood Dr, Mount Prospect, IL 60056-1244

    $990,000
    Estimated value
    0.29 AC lot
    View details
    1202 Ardyce Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    1202 Ardyce Ln, Mount Prospect, IL 60056-2636

    Value Estimation by Request
    2,628 sqft 0.18 AC lot
    View details
    207 School St
    APARTMENT HOUSE (UNDER 5 UNITS)

    207 School St, Mount Prospect, IL 60056-3318

    Value Estimation by Request
    2,380 sqft 0.21 AC lot
    View details
    524 Ida Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    524 Ida Ct, Mount Prospect, IL 60056-5372

    $530,000
    Estimated value
    3,806 sqft 0.18 AC lot
    View details
    1105 Ardyce Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    1105 Ardyce Ln, Mt Prospect, IL 60056-2634

    Value Estimation by Request
    3,474 sqft 0.18 AC lot
    View details
    1135 Boxwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1135 Boxwood Dr, Mount Prospect, IL 60056-1246

    $1,030,000
    Estimated value
    0.22 AC lot
    View details
    1006 Ardyce Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    1006 Ardyce Ln, Mount Prospect, IL 60056-2633

    Value Estimation by Request
    2,249 sqft 0.19 AC lot
    View details
    202 Westgate Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    202 Westgate Rd, Mount Prospect, IL 60056-2682

    Value Estimation by Request
    2,131 sqft 0.20 AC lot
    View details
    1113 Prospect Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1113 Prospect Ave, Mount Prospect, IL 60056-2283

    Value Estimation by Request
    2,046 sqft 0.17 AC lot
    View details
    1145 Boxwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1145 Boxwood Dr, Mount Prospect, IL 60056-1247

    $795,000
    Estimated value
    0.28 AC lot
    View details
    1204 Ardyce Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    1204 Ardyce Ln, Mount Prospect, IL 60056-2636

    Value Estimation by Request
    2,121 sqft 0.18 AC lot
    View details
    1175 Boxwood Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1175 Boxwood Dr, Mount Prospect, IL 60056-1250

    Value Estimation by Request
    0.29 AC lot
    View details
    1006 Callero Cir
    APARTMENT HOUSE (UNDER 5 UNITS)

    1006 Callero Cir, Mount Prospect, IL 60056-2668

    Value Estimation by Request
    2,380 sqft 0.18 AC lot
    View details
    1001 Callero Cir
    APARTMENT HOUSE (UNDER 5 UNITS)

    1001 Callero Cir, Mount Prospect, IL 60056-2639

    $510,000
    Estimated value
    2,546 sqft 0.29 AC lot
    View details

    Mount Prospect, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Mount Prospect, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,699,000.

    Sale prices for multifamily properties in Mount Prospect, IL start at $1,699,000, averaging $1,699,000, and reaching up to $1,699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +1.3%
    Median Household Income $104,168
    College Educated 66.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Mount Prospect fall within the 100,000+ square foot range.

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