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Mount Prospect, IL

Multifamily

Mount Prospect, IL Multifamily Properties for Sale

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Des Plaines, IL Wheeling, IL Arlington Heights, IL Rolling Meadows, IL Elk Grove Village, IL Glenview, IL Palatine, IL Park Ridge, IL

Mixed-Use Building Near Transit

Updated: Aug 2

Mixed-Use Building Near Transit

Mount Prospect, IL 60056

Contact for pricing

13,155 sqft

13,155‑square‑foot mixed‑use building constructed in 1926
B‑5C zoning with residential units and commercial space
Occupancy averaged 94% during 2024‑2025
Across from the Mount Prospect Metra Station
At the intersection of IL‑83 and Northwest Highway (US‑14)

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

All-Brick Triplex with Garage

All-Brick Triplex with Garage

512 W Ida Ct, Mount Prospect, IL 60056

$899,900

Three-unit income property offers separate utilities and owner-maintained coin-operated laundry.

See hot listings in Mount Prospect

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 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.

Move-In Ready Condo Near Train

Move-In Ready Condo Near Train

1815 Oakton Street #2A, Park Ridge, IL 60068

$215,000

1,005 sqft

Two-bedroom condo with new appliances, close to Dee Road Train.

Spacious 2BR Condo with Patio

Spacious 2BR Condo with Patio

920 Beau Drive #110, Des Plaines, IL 60016

$192,500

1,000 sqft

First-floor unit with patio, new carpets, and in-unit laundry.

Brick Triplex with Garage

Brick Triplex with Garage

651 Beau Ct, Des Plaines, IL 60016

$880,000

Three residential units offer varied layouts, private boilers, separate electric meters, and owner-maintained coin laundry.

Duplex Property with Attached Garage

Duplex Property with Attached Garage

1140 N Northwest Highway, Park Ridge, IL 60068

$899,950

The first-floor residence is leased through August 2027, while the second-floor unit has a lease extending through 2028.

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.

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

Estimated value:

$30,000,000

12.70 AC lot

1501 Busse Rd

GARDEN APT, COURT APT (5+ UNITS)

1501 Busse Rd, Mount Prospect, IL 60056-4979

Estimated value:

$75,250,000

3.69 AC lot

210 Kenilworth Ave, Unit 12

GARDEN APT, COURT APT (5+ UNITS)

210 Kenilworth Ave, Mount Prospect, IL 60056-2236

Unit 12

Estimated value:

$800,000

0.54 AC lot

1195 Boxwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1195 Boxwood Dr, Mount Prospect, IL 60056-1252

Estimated value:

$1,330,000

0.33 AC lot

535 Ida Ct

APARTMENT HOUSE (UNDER 5 UNITS)

535 Ida Ct, Mount Prospect, IL 60056-6914

Estimated value:

$670,000

3,748 sqft 0.18 AC lot

564 Ida Ct

APARTMENT HOUSE (UNDER 5 UNITS)

564 Ida Ct, Mount Prospect, IL 60056-6902

Estimated value:

$660,000

3,710 sqft 0.18 AC lot

1005 Ardyce Ln

APARTMENT HOUSE (UNDER 5 UNITS)

1005 Ardyce Ln, Mount Prospect, IL 60056-2665

Estimated value:

$530,000

3,798 sqft 0.18 AC lot

546 Dempster St

APARTMENT HOUSE (UNDER 5 UNITS)

546 Dempster St, Mount Prospect, IL 60056-5396

Estimated value:

$620,000

3,710 sqft 0.19 AC lot

219 School St, Unit 21

APARTMENT HOUSE (UNDER 5 UNITS)

219 School St, Mount Prospect, IL 60056-3318

Unit 21

Estimated value:

$495,000

2,415 sqft 0.21 AC lot

1115 Boxwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1115 Boxwood Dr, Mount Prospect, IL 60056-1244

Estimated value:

$1,015,000

0.29 AC lot

1202 Ardyce Ln

APARTMENT HOUSE (UNDER 5 UNITS)

1202 Ardyce Ln, Mount Prospect, IL 60056-2636

Estimated value:

$510,000

2,628 sqft 0.18 AC lot

207 School St

APARTMENT HOUSE (UNDER 5 UNITS)

207 School St, Mount Prospect, IL 60056-3318

Estimated value:

$420,000

2,380 sqft 0.21 AC lot

524 Ida Ct

APARTMENT HOUSE (UNDER 5 UNITS)

524 Ida Ct, Mount Prospect, IL 60056-5372

Estimated value:

$530,000

3,806 sqft 0.18 AC lot

1105 Ardyce Ln

APARTMENT HOUSE (UNDER 5 UNITS)

1105 Ardyce Ln, Mt Prospect, IL 60056-2634

Estimated value:

$465,000

3,474 sqft 0.18 AC lot

1135 Boxwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1135 Boxwood Dr, Mount Prospect, IL 60056-1246

Estimated value:

$1,055,000

0.22 AC lot

1006 Ardyce Ln

APARTMENT HOUSE (UNDER 5 UNITS)

1006 Ardyce Ln, Mount Prospect, IL 60056-2633

Estimated value:

$400,000

2,249 sqft 0.19 AC lot

202 Westgate Rd

APARTMENT HOUSE (UNDER 5 UNITS)

202 Westgate Rd, Mount Prospect, IL 60056-2682

Estimated value:

$385,000

2,131 sqft 0.20 AC lot

1113 Prospect Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1113 Prospect Ave, Mount Prospect, IL 60056-2283

Estimated value:

$370,000

2,046 sqft 0.17 AC lot

1145 Boxwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1145 Boxwood Dr, Mount Prospect, IL 60056-1247

Estimated value:

$815,000

0.28 AC lot

1204 Ardyce Ln

APARTMENT HOUSE (UNDER 5 UNITS)

1204 Ardyce Ln, Mount Prospect, IL 60056-2636

Estimated value:

$315,000

2,121 sqft 0.18 AC lot

1175 Boxwood Dr

GARDEN APT, COURT APT (5+ UNITS)

1175 Boxwood Dr, Mount Prospect, IL 60056-1250

Estimated value:

$385,000

0.29 AC lot

Mount Prospect, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Mount Prospect, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,155 square feet of properties for sale, with an estimated market value of $2,598,900.

Sale prices for multifamily properties in Mount Prospect, IL start at $899,900, averaging $1,299,450, 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

Demographics Overview

Population 56K

Population Growth (5Y) +1.3%

Median Household Income $104,168

College Educated 66.2%

High-Yield Neighborhoods for Investment

Identify Mount Prospect submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60056	$1.3M

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.

How Realmo verifies these figures

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