514 W Northwest Highway, Mount Prospect, IL 60056
Cook County
Key Facts
Description
Multi-room space adaptable for retail, showroom, office, etc. Great Downtown Mount Prospect location, just .5 mile from the Metra station. Monthly Rent: $3,850, $24 psf. Approximately 1925 sq ft. Tenant or their agent to verify.
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Year Built
1960
Stories
1
Lot Size
2,650 sq ft
Lot Dimensions
50X76
Zoning
COMMR
Days on Market
7
MLS® Listing#
12700542
Property Features
Cooling
Financial Details
Annual Taxes
$14,120
Tax year 2024
Directions
Located on Northwest Highway, just northwest of Central.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mount Prospect, IL
- $382,759
- Median Listing Price
- 24
- Median Days on Market
- 1,728
- Median Sq Ft
- $228
- Median Price / Sq Ft
- 103
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Mount Prospect, IL.
Location
Points of Interest in Mount Prospect, IL
Showing the Mount Prospect area map.
Nearby Schools
Fairview Elementary School
Elementary · 0.3 mi away
Mount Prospect School District 57
School · 0.4 mi away
St Raymond School
School · 0.5 mi away
Lincoln Middle School
Secondary · 0.5 mi away
Westbrook Elementary School
Elementary · 0.7 mi away
Busy Bees Montessori School
Elementary · 0.8 mi away
Prospect High School
Secondary · 0.9 mi away
Busy Bees Montessori School
Elementary · 0.9 mi away
Timber Ridge School
School · 0.9 mi away
Abcd Academy for Children
School · 0.9 mi away
Lions Park Elementary School
Elementary · 1.0 mi away
Kiddie Academy of Mount Prospect
School · 1.2 mi away
Dryden Elementary School
Elementary · 1.4 mi away
Forest View Elementary School
Elementary · 1.5 mi away
St Emily School
Elementary · 1.6 mi away
Holmes Junior High School
Secondary · 1.6 mi away
Windsor Elementary School
Elementary · 1.6 mi away
Euclid Elementary School
Elementary · 1.7 mi away
Kensington School
School · 1.7 mi away
Miner School
Secondary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11 S Wille Street 705, Mount Prospect, IL | $2,900/mo | 2 | 2 | 1,200 |
| 16 E Old Willow Road 405s, Prospect Heights, IL | $2,000/mo | 2 | 2 | — |
| 1900 W Knightsbridge Drive 1A, Mount Prospect, IL | $1,450/mo | 1 | 1 | 782 |
| 1100 N Wheeling Road 2A, Mount Prospect, IL | $1,525/mo | 1 | 1 | 575 |
| 1980 S. Carboy Road, Mount Prospect, IL | $29/mo | — | — | — |
| 1194 Cove Drive, Prospect Heights, IL | $2,000/mo | 2 | 1 | 1,200 |
Moving Cost Estimate
EXIT Agents in Mount Prospect
Listing Courtesy: My Town Realty Group Inc - 7733600456
Last Updated: 2026-07-09