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    Mount Prospect, IL
    Residential Income

    Mount Prospect, IL Residential Income 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
    6-Unit Apartment Building
    Updated: Oct 19
    6-Unit Apartment Building

    714 W Ivanhoe Lane, Mount Prospect, IL 60056

    $975,000
    0.06 AC lot
    Six‑unit apartment property
    Brick construction; built in 1977
    0.0613‑acre parcel with MULTI zoning
    Parks within walking distance in Mount Prospect
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    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)
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    Apartment Building For Sale
    Apartment Building For Sale

    237 E Prospect Avenue, Mount Prospect, IL 60056

    $1,699,000

    For-sale apartment building at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois.

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    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
    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.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Corner Lot with Income-Producing Duplex
    Corner Lot with Income-Producing Duplex

    Des Plaines, IL 60018

    $850,000
    0.69 AC lot

    Updated two-story home with two rental units sits on a corner residentially zoned parcel at Oakton Street and Oxford Road.

    View details
    Sandpebble Walk Condo with Balcony
    Sandpebble Walk Condo with Balcony

    1550 Sandpebble Drive #307, Wheeling, IL 60090

    $215,000
    1,280 sqft

    Spacious 2-bedroom condo with balcony and community amenities.

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    Industrial Land with 260-Foot Frontage
    Industrial Land with 260-Foot Frontage

    1033 S Wheeling Road, Wheeling, IL 60090

    $750,000
    0.98 AC lot

    Nearly one acre of INDUS-zoned industrial land on a 260x164 lot, with an on-site home needing rehab.

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    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.

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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.

    Des Plaines Land For Sale
    Des Plaines Land For Sale

    1596 Oxford Road, Des Plaines, IL 60018

    $850,000
    0.69 AC lot

    Land available in Des Plaines, Illinois.

    View details
    Prime Glenview Lot Opportunity
    Prime Glenview Lot Opportunity

    3800 Kiess Drive, Glenview, IL 60026

    $299,900
    0.37 AC lot

    Expansive 1/3 acre lot in desirable Glenview neighborhood.

    View details
    Farmland with Teak Plantation
    Farmland with Teak Plantation

    Bensenville, 60105

    $995,000

    Agricultural property with Gulf views, elevated terraces, and an established teak plantation.

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    Exclusive Lots in Gated Community
    Exclusive Lots in Gated Community

    Bensenville, 60105

    $150,000

    Boutique community with utilities, permits, and ocean views.

    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

    Estimated value:
    $30,000,000
    12.70 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details

    Mount Prospect, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Mount Prospect, IL, showcased through 4 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 $3,573,900.

    Sale prices for residential investment properties in Mount Prospect, IL start at $899,900, averaging $1,191,300, 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

    Multifamily properties 3
    Apartment buildings 1
    Triplexes 1

    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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