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Financial
Distress signals
Property profile

111 Prospect Ave Mount Prospect, IL 60056

OFF-MARKET
Residential income homes
Property ID
US28-2384592
3,500 SF 0.07 ac lot Built 1931
Last sale Jan 2005
Trust Owned Owner of record is a trust. 21-yr Hold Held for 21 years.
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Property summary

AI-generated overview

The property consists of two one-level retail buildings on a triangular site in downtown Mount Prospect, Illinois, located at the intersection of Prospect Avenue, Willie Street, and Evergreen Avenue and directly across from the Mount Prospect Union Pacific Northwest Metra stop. The combined buildings total 18,880 rentable square feet within 35,296 square feet of building footprint area (approximately 0.81 acres) and provide 10 individual units across the two structures. The site includes 30…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value$35k
Assessed land$3k
Assessed improvement$33k
Effective rate26.78%

Value estimate

· Oct 2026
$460k
$414k – $506k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$133 – $212

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant47.7
Realty agency38.9
Auto Repair Shop35.7

Location

111 Prospect Ave Mount Prospect, IL 60056-3135
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
535 Ida, Mount Prospect, IL 60056-6914 $670,000 Apr 2024 3,748 SF
564 Ida, Mount Prospect, IL 60056-6902 $662,000 Mar 2024 3,710 SF
546 Dempster, Mount Prospect, IL 60056-5396 $620,000 Jan 2024 3,710 SF
1105 Ardyce, Mt Prospect, IL 60056-2634 $417,000 Jul 2023 3,474 SF
568 Ida, Mount Prospect, IL 60056-6900 $500,000 Jul 2022 3,748 SF
516 Ida, Mount Prospect, IL 60056-5377 $502,000 Jul 2021 3,748 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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