237 E Prospect AvenueMount Prospect, IL 60056

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 Information

Property type

Commercial Sale

Sub-type

Warehouse

Year built

1962

Stories

1

Building area

14,000 Sq Ft

Lot size

0.76 acres

Lot dimensions

164x263x140x183

Zoning

INDUS

Days on market

82

MLS^® Listing#

12671662

Property Features

Cooling

Central Air

Flooring

Concrete

Construction

Concrete · Brick

Foundation

Concrete Perimeter

Financial Details

Annual taxes

$64,497Tax year 2025

Parcel number

08121220170000

Directions

Pass intersection of S Main St & US-14 right onto S Emerson St, left onto E Prospect Ave, building to the right passing S Elm St.