# 237 E. Prospect Avenue, Mount Prospect, IL 60056 > **TL;DR:** commercial, $1,699,000, built 1962. Est. $9,087/mo. Listed 61 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,699,000 | | Year Built | 1962 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 61 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,591 | | Estimated Insurance | $496 | | **Total** | **$9,087** | ## Property Highlights - Built in 1962 ## Description ### Agent 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. ## Location - **Address:** 237 E. Prospect Avenue, Mount Prospect, IL 60056 - **County:** Cook - **Coordinates:** 42.060439, -87.932185 - **Google Maps:** https://www.google.com/maps?q=42.060439,-87.932185 ## Listing Agent - **Name:** Minet Arreola - **Brokerage:** Baird & Warner Real Estate - **Phone:** 8473811855 - **Broker Phone:** 8473811855 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/BAIRDWARNER/12671662/?channel=propsimple) ## Photos ![237 E. Prospect Avenue - Photo 1](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f3190806929r.jpg) ![237 E. Prospect Avenue - Photo 2](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f244388515r.jpg) ![237 E. Prospect Avenue - Photo 3](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f294487468r.jpg) ![237 E. Prospect Avenue - Photo 4](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2318221257r.jpg) ![237 E. Prospect Avenue - Photo 5](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2896065042r.jpg) ![237 E. Prospect Avenue - Photo 6](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2001090013r.jpg) ![237 E. Prospect Avenue - Photo 7](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f59415954r.jpg) ![237 E. Prospect Avenue - Photo 8](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1240221842r.jpg) ![237 E. Prospect Avenue - Photo 9](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2530732720r.jpg) ![237 E. Prospect Avenue - Photo 10](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1055076005r.jpg) ![237 E. Prospect Avenue - Photo 11](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2655794875r.jpg) ![237 E. Prospect Avenue - Photo 12](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f629695257r.jpg) ![237 E. Prospect Avenue - Photo 13](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2646802850r.jpg) ![237 E. Prospect Avenue - Photo 14](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f764419393r.jpg) ![237 E. Prospect Avenue - Photo 15](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1192774876r.jpg) ![237 E. Prospect Avenue - Photo 16](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1782199919r.jpg) ![237 E. Prospect Avenue - Photo 17](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1735102547r.jpg) ![237 E. Prospect Avenue - Photo 18](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f3694455623r.jpg) ![237 E. Prospect Avenue - Photo 19](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f710935053r.jpg) ![237 E. Prospect Avenue - Photo 20](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f4284041483r.jpg) ![237 E. Prospect Avenue - Photo 21](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1941133401r.jpg) ![237 E. Prospect Avenue - Photo 22](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f4157131176r.jpg) ![237 E. Prospect Avenue - Photo 23](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f4283730025r.jpg) ![237 E. Prospect Avenue - Photo 24](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f2568358316r.jpg) ![237 E. Prospect Avenue - Photo 25](http://lh.rdcpix.com/37c80dd504551913ca906617f40c0cb5l-f1246382989r.jpg) --- **MLS#:** 12671662 | **Updated:** 2026-09-09 **Source:** listhub *Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/237-e-prospect-avenue-mount-prospect-il-60056-12671662) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/237-e-prospect-avenue-mount-prospect-il-60056-12671662#listing", "url": "https://www.propertysimple.ai/listing/237-e-prospect-avenue-mount-prospect-il-60056-12671662", "name": "237 E. 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