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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12597770MLS Provider

1150 W Northwest HighwayMount Prospect, IL 60056

Commercial · 5,707 Sq. ft.
$1,250,000 Active

1150 W Northwest Highway Overview

Time on Site:
71 days
Visits:
1

Discover exceptional visibility and accessibility at 1150 W Northwest Highway, a premier commercial property located in the heart of Mount Prospect's thriving business corridor. Perfectly positioned along the highly trafficked Northwest Highway, this property offers outstanding exposure, ample parking, and convenience to major roadways including Route 83, Rand Road, and I-90. Flexible floor plans make this location ideal for professional offices, medical users, retail showrooms, or service-based businesses. The attractive brick facade and large windows offer abundant natural light, while signage opportunities ensure maximum brand visibility. Two current tenants with leases in place. Great owner user property. Well-built commercial investment with many possible options for the owner.

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1150 W Northwest Highway Facts & Features

  • Type Commercial
  • Sq. ft. 5,707
  • Price/Sq.ft. $219

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 114000
  • Gross Scheduled Income: 114000
  • Net Operating Income: 47212
  • Operating Expense: 63766

Building Information

  • Year Built: 2003

Business Information

  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Mount Prospect
  • Township: Wheeling

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs

Tax Information

  • Tax Annual Amount: $43,375.00
  • Tax Year: 2025

General Information

  • Parcel Number: 03334060200000
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 5707

General Information

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Flooring: Carpet
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 5707
  • Stories: 1

Unit Information

  • Unit SqFt.: 2609

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 150 x 111 x 150 x 111
  • Lot Size Square Feet: 16650

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Metal

General Information

  • Number Of Units Total: 2
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

1150 W Northwest Highway Neighborhood

Community

60056 (Mount Prospect) Demographics

41
Median Age
5,028
Population Density (per sq. mile)
51%
College Educated
$84,116
Estimated Median Income
14,403
Estimated Total Home Owners
6,386
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1150 W Northwest Highway Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1150 W Northwest Highway Market Data

Based on the last 30 days in this zip code

$470,193
Average List Price
$288
Average Price per Square Foot
45
Properties Sold
35
Average Days on Market
135
Properties for Sale
Calculations provided by Reliance Network

1150 W Northwest Highway History

Date Event Value Agent
4/24/2026Source: MRED Status Change
Active
4/19/2026Source: MRED Added to Database
April 19, 2026