$1,699,000

237 E Prospect Avenue, Mount Prospect IL, 60056

Price per sqft$121.36

Built in1962

Property size14,000 sqft

Property typeCommercial

Listed by Minet Arreola with Baird & Warner 847-381-1855

Overview

Active

Listed Jul 14, 2026

Updated 2 weeks ago

Exceptional opportunity to own a 14,000 SF industrial building in the heart of downtown Mount Prospect. Located adjacent to recently developed multifamily apartment communities, this property may present future redevelopment potential for qualified investors or developers. The property is currently zoned I-1 Limited Industrial, and any proposed redevelopment would require the appropriate approvals from the Village of Mount Prospect. Buyers should perform their own due diligence. This facility features 8 private offices, each with its own private restroom, a conference room, multiple storage rooms, and a spacious warehouse designed for a variety of industrial or manufacturing operations. The warehouse includes industrial utility infrastructure, employee restrooms, a kitchen/break area, a loading dock, and an overhead drive-in door for efficient shipping and receiving. Additional highlights include approximately 20 on-site parking spaces, a prime location within walking distance of the Metra station and downtown Mount Prospect, and convenient access to Elk Grove Village one of the region's premier industrial and business corridors. For Sale Only - Not Available for Lease.

Additional information

MLS^® ID: 12671662

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.77 Acres

Other Property Details

Taxes: $64,497
Tax Frequency: Annually

Listed by Minet Arreola with Baird & Warner 847-381-1855

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