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 properties
Brick Duplex with Attached Garage
Updated: Aug 17
Brick Duplex with Attached Garage

301 N Catino Court, Mount Prospect, IL 60056

$599,900
Two‑unit property with over 4,000 square feet of living space plus a full basement
First‑floor unit has 3 bedrooms, 2 full bathrooms, and a primary suite with en‑suite bath
Second‑floor unit includes 2 bedrooms, 2 full bathrooms, private access, and a balcony
Attached 2‑car garage plus 3 exterior parking spaces
Separate electric and water meters for each unit
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Mixed-Use Building Near Transit
Updated: Aug 2
Mixed-Use Building Near Transit

18 West Busse Avenue, Mt 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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Updated Duplex with Private Deck
Updated Duplex with Private Deck

1000 E Ardyce Ln, Mount Prospect, IL 60056

$735,000

Two residential units offer separate utilities, laundry areas, finished lower-level space, and access to a fenced backyard.

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See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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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Brick 9-Unit Apartment Building
Brick 9-Unit Apartment Building

1135 N Boxwood Dr, Mount Prospect, IL 60056

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Well-maintained multifamily property with varied unit layouts, on-site laundry, and parking.

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Two-Unit Residential Income Property
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 80 Potential Opportunities for your consideration. Besides 6 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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
6-Unit Apartment Building

655 Piper Lane, Prospect Heights, IL 60070

$725,000

Multifamily property with on-site laundry, resident parking, and established tenancy.

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6-Unit Apartment Building
6-Unit Apartment Building

512 Piper Lane, Prospect Heights, IL 60070

Contact for pricing

Updated unit interiors and assigned resident parking support a straightforward multifamily configuration.

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Brick 8-Unit Multifamily Building
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
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.

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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.

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Prime Glenview Lot Opportunity
Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900
0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

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Palatine Land Near Train Station
Palatine Land Near Train Station

628 S WILKE Road, Palatine, IL 60074

$465,000
1.00 AC lot

Two buildable lots near train, expressways, airport, and shopping.

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Vacant Lot in Morton Grove
Vacant Lot in Morton Grove

9216 Ozark Avenue, Morton Grove, IL 60053

$289,900

Vacant lot for new construction in desirable Morton Grove.

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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

$75,250,000
Estimated value
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
$495,000
Estimated value
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

$1,015,000
Estimated value
0.29 AC lot
View details
1202 Ardyce Ln
APARTMENT HOUSE (UNDER 5 UNITS)

1202 Ardyce Ln, Mount Prospect, IL 60056-2636

$510,000
Estimated value
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

$420,000
Estimated value
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

$465,000
Estimated value
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

$1,055,000
Estimated value
0.22 AC lot
View details
1006 Ardyce Ln
APARTMENT HOUSE (UNDER 5 UNITS)

1006 Ardyce Ln, Mount Prospect, IL 60056-2633

$400,000
Estimated value
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

$385,000
Estimated value
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

$370,000
Estimated value
2,046 sqft 0.17 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 6 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 $3,033,900.

Sale prices for residential income properties in Mount Prospect, IL start at $599,900, averaging $1,011,300, 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 6
Duplexes 3
Apartment buildings 2

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 $1M

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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