Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1962
General Information
County: Cook
Listed By:
Baird & Warner
847-381-1855
MRED MLS
MLS ID: 12671662
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237 E Prospect Avenue, Mount Prospect, IL 60056.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,699,000 | $1,699,000 | $1,699,000 |
| Down Payment | $59,465 | $0 | $339,800 |
| Monthly Mortgage Amount | $10,272 | $10,686 | $8,480 |
| Taxes | $2364 | $2364 | $2364 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,019 | $0 | $0 |
| Monthly Estimated Total | $14,151 | $13,546 | $11,340 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:41:36 AM EST) or MRED MLS (last updated Tue 07/21/2026 12:33:01 AM EST) or SCWMLS (last updated Mon 07/20/2026 11:54:54 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 07/20/2026 10:16:07 PM EST) or Cedar Rapids MLS (last updated Mon 07/20/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 07/21/2026 12:38:40 AM EST) or ICAAR MLS (last updated Mon 07/20/2026 11:37:28 PM EST) or ECIMLS (last updated Mon 07/20/2026 11:44:33 PM EST) or RMLSA (last updated Tue 07/21/2026 12:30:56 AM EST) or Muscatine MLS (last updated Tue 07/21/2026 12:30:09 AM EST) or No Coast MLS (last updated Tue 07/21/2026 12:34:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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