Mt Prospect, IL Multifamily properties for sale

Updated: Aug 2

Mixed-Use Building Near Transit

18 West Busse Avenue, Mt Prospect, IL 60056

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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)

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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

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Two-Unit Residential Income Property

1006 E Callero Cir, Mount Prospect, IL 60056

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Two units each feature two bedrooms, a full bath, and an eat-in kitchen, with separate laundry and utilities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Mt Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

6-Unit Apartment Building with Laundry

655 Piper Lane, Prospect Heights, IL 60070

$725,000

Built in 1972, this 6-unit building includes laundry and 12 parking spots.

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Six-Unit Residential Income Building

612 N Piper Ln, Prospect Heights, IL 60070

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Well-maintained six-unit building is fully rented with recently remodeled bathrooms and a roof and gutters under one year old.

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Brick 8-Unit Multifamily Building

748 E 5th Ct, Des Plaines, IL 60016

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

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22-Unit Apartment Building

560-570 Princeton St, Des Plaines, IL 60016

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20,000 sqft

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

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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

27 Oyster Bay, Lakemoor, IL 60051

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0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

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0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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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.

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Off-Market Properties in Mt Prospect, IL

Consider similar Off-Market properties in Mt 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.

APARTMENT HOUSE (UNDER 5 UNITS)

1105 Ardyce Ln, Mt Prospect, IL 60056-2634

Value Estimation by Request

3,474 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1101 Cottonwood Ln, Mt Prospect, IL 60056-5054

Value Estimation by Request

3.99 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

217 School St, Mt Prospect, IL 60056-2542

Value Estimation by Request

2,380 sqft 0.21 AC lot

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Mt Prospect, IL Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Mt 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 $1,699,000.

Sale prices for multifamily properties in Mt Prospect, IL average $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.

Mt Prospect, IL Multifamily Properties for Sale

18 West Busse Avenue, Mt Prospect, IL 60056

237 E Prospect Avenue, Mount Prospect, IL 60056

1006 E Callero Cir, Mount Prospect, IL 60056