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1040 W Northwest Hwy 16,568 SF Office Building Mount Prospect, IL 60056 $2,100,000 ($126.75/SF)
INVESTMENT HIGHLIGHTS
- Over $4 million in completed renovations.
- High-density parking 8.1/1,000.
- Plug and play with furniture.
EXECUTIVE SUMMARY
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 FACTS Under Contract
Sale Type
Owner User
Property Type
Office
Building Size
16,568 SF
Building Class
B
Year Built
1989
Price
$2,100,000
Price Per SF
$126.75
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,290 SF
Slab To Slab
11’
Building FAR
0.18
Lot Size
2.10 AC
Zoning
B-1 - Commercial
Parking
133 Spaces (7.03 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 03-33-407-025-0000 | Improvements Assessment | $108,639 (2024) |
| Land Assessment | $227,402 (2024) | Total Assessment | $336,041 (2024) |
PROPERTY TAXES
Parcel Number
03-33-407-025-0000
Land Assessment
$227,402 (2024)
Improvements Assessment
$108,639 (2024)
Total Assessment
$336,041 (2024)
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1040 W Northwest Hwy
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