1040 Northwest Hwy, Mount Prospect, IL 60056

16,568 SF | Office Building | Mount Prospect, IL 60056 | For Sale

Property Type: Office
Square Feet: 16,568 SF

Listing Contacts

Property Info

Property Overview

Building for sale, well maintained and blocks from downtown Mount Prospect and METRA Stop. Former State Farm Insurance Building. Contains three entry and three exit drive-in-doors. The first floor is 4,278 sf and the second floor is 12,290 sf. The first floor could be converted to office and contains high density parking.

Property Details

Class: B
Year Built: 1989
Stories: 2
Lot Size (sq. ft): 91,476 SF

Highlights

Over $4 million in completed renovations.
Plug and play with furniture.
High-density parking 8.1/1,000.

Nearby Properties

16,568 SF | Office Building | Mount Prospect, IL 60056 | For Sale

1040 Northwest Hwy
Mount Prospect, IL 60056

View Details
$1,516,500

11,850 SF | 88% Leased | Retail Building | Arlington Heights, IL 60005 | $1,516,500 ($128/SF) | 8% Cap Rate

1707-1723 Central Rd
Arlington Heights, IL 60005

View Details
$3,372,920

Hangry Joe’s | MOD Pizza | Poke Bros

6,877 SF | 100% Leased | Retail Building | Mount Prospect, IL 60056 | $3,372,920 ($490/SF) | 7.50% Cap Rate

1021-1027 Elmhurst Rd
Mount Prospect, IL 60056

View Details
$3,856,340

GNC | Nothing Bundt Cakes | Panera Bread

6,809 SF | 100% Leased | Retail Building | Mount Prospect, IL 60056 | $3,856,340 ($566/SF) | 6.50% Cap Rate

1065-1069 Elmhurst Rd
Mount Prospect, IL 60056

View Details
$13,500,000

Dryden Apartments

100 Unit Apartment Building | $13,500,000 ($135,000/Unit) | 6.33% Cap Rate | Arlington Heights, IL 60004

1-21 Dryden Pl
Arlington Heights, IL 60004

View Details
$1,800,000

Mattress Firm

3,753 SF | Retail Building | Mount Prospect, IL 60056 | $1,800,000 ($480/SF) | 7.79% Cap Rate

1020 Central Rd
Mount Prospect, IL 60056

View Details
$825,000

3,595 SF Retail Condo Unit Offered at $825,000 in Arlington Heights, IL 60005

121 Campbell St
Arlington Heights, IL 60005

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].