40 E Northwest Highway #314
Mount Prospect, IL, 60056
$425,000
1 Beds
1 Baths
1,226 SqFt
0 Acres
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MLS #MRD12640485 image #0
Welcome home to this stunning, fully renovated top-floor corner-unit in the highly desirable Lofts at Village Centre in downtown Mount Prospect. Extensive updated from 2022 to 2025, no detail was spared in this turn-key residence. The expansive open layout immediately impresses with soaring ceilings and new living room floor tiles that lead to your private balcony. Relax by the custom electric fireplace or admire the sophisticated bedroom accent featuring custom acoustical oak wall paneling. The gourmet kitchen is a chef’s dream, boasting freshly updated cabinetry, newer appliances. Every corner has been elevated including a completely renovated bathroom and a dedicated laundry room. Complete with custom window blinds, a whole-home electrical surge protector. Unbeatable downtown location-just steps to the Metra station, Starbucks, local dining, the library. Monthly assessment covers gas, heat, water, cable and internet. Heated garage space included in the price. Extra wide accessible parking space. Pet-friendly building.

Property Details

Price:
$425,000
MLS #:
MRD12640485
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
mountprospect
Listed Date:
May 6, 2026
Finished Sq Ft:
1,226
Year Built:
2003
Parking TotalMount ProspectMountprospectFairview Elementary SchoolLincoln Junior High SchoolProspect High School

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Schools

School District:
214
Elementary School:
Fairview Elementary School
Middle School:
Lincoln Junior High School
High School:
Prospect High School

Interior

Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas

Exterior

Accessibility Features
Disabled Parking
Construction Materials
Brick
Garage Spaces
1
Parking Features
Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$671
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$7,465

Map

Community

Market Summary

Current real estate data for Condo in Mount Prospect as of Jun 10, 2026
39
Condo Listed
32
Avg DOM
242
Avg $ / SqFt
$311,985
Avg List Price

Property Summary

    40 E Northwest Highway #314 Mount Prospect IL is a Condo for sale in Mount Prospect, IL, 60056. It is listed for $425,000 and features 1 beds, 1 baths, and has approximately 1,226 square feet of living space, and was originally constructed in 2003. The current price per square foot is $347. The average price per square foot for Condo listings in Mount Prospect is $242. The average listing price for Condo in Mount Prospect is $311,985.

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40 E Northwest Highway #314
Mount Prospect, IL