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 Details
Price:
$1,699,000
MLS #:
MRD12671662
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Warehouse
Neighborhood:
mountprospect
Listed Date:
Jul 14, 2026
Total Sq Ft:
14,000
Lot Size:
33,539 sqft / 0.76 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Concrete
Exterior
Construction Materials
Concrete, Brick
Stories
1
Financial
Tax Year
2025
Taxes
$64,497
Map
Community
- Address237 E Prospect Avenue Mount Prospect IL
- CityMount Prospect
- CountyCook
- Zip Code60056
Market Summary
Current real estate data for Commercial in Mount Prospect as of Oct 05, 2026
2
Commercial Listed
80
Avg DOM
$1,524,500
Avg List Price
Property Summary
- 237 E Prospect Avenue Mount Prospect IL is a Commercial for sale in Mount Prospect, IL, 60056. It is listed for $1,699,000
Similar Listings Nearby

Copyright 2026. All rights reserved.
237 E Prospect Avenue
Mount Prospect, IL


