Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

854 & 864 E NW Hwy + 3 Vacant Lots 5 Properties Offered at $725,000 in Mount Prospect, IL

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • High Visibility Location.
  • Redevelopment Opportunity.
  • Great Locations Never Go Out of Style.
  • Strong Demographics.
  • Endless Possibilities.
  • Mt. Prospect is Business Friendly & Community Strong.

EXECUTIVE SUMMARY

WOW1 A MOST AGGRESSIVE PRICE REDUCTION! CURRENT ASKING PRICE IS NOW $725,000.00. $181.25 per square foot. OWNER SAYS, "LET'S SELL"! Excellent opportunity for investors, developers and dealmakers! Five (5) properties to be sold in one package. Included are two (2) free standing retail buildings (2,000 sq. ft. each) and three (3) vacant lots (25' x 120' each). Zoned B-5, which permits a wide range of uses and services. Join the many successful merchants and entrepreneurs who are located along Northwest Highway. Currently, one retail building is vacant. This might be an excellent opportunity for an owner-user to conduct his business out of this building. The other occupant is a beauty salon, who has been at this location for many years. And remember...you still have three (3) vacant lots for business expansion, development, or to "do your thing", which could increase your "bottom line" income. For further information and a private showing call either Bruce Blanck @ 847-372-8232 or Ron Reese @ 847-322-8716. Lastly, please do not disturb or bother the existing occupants. Thank you!
DEMOGRAPHIC SUMMARY REPORT
1 MILE... 2 MILES... 5 MILES...
2024 ESTIMATED POPULATION: 16,815... 59,530... 304,747...
2024 ESTIMATED HOUSEHOLDS: 6,253... 22,201... 117,059...
2024 AVG. HOUSEHOLD INCOME: $136,045... $117,654... $110,062...
2024 MED HOUSEHOLD INCOME: $114,524... $96,200... $84,846...

PROPERTY FACTS

Price $725,000
Price / SF $181.25 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 4,000 SF
Total Land Area 0.35 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
830 E Northwest Hwy, Mount Prospect, IL 60056 Land 0.07 AC - -
854 E Northwest Hwy, Mount Prospect, IL 60056 Land 0.07 AC - -
808 E Northwest Hwy, Mount Prospect, IL 60056 Land 0.07 AC - -
864 E Northwest Hwy, Mount Prospect, IL 60056 Retail 2,000 SF 1961 -
854 E Northwest Hwy, Mount Prospect, IL 60056 Retail 2,000 SF 1963 -
Show More > < Show Less
  • Listing ID: 28566231

  • Date on Market: 5/24/2023

  • Last Updated:

  • Address: 854 & 864 E NW Hwy + 3 Vacant Lots, Mount Prospect, IL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}