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1040 W Northwest Hwy

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

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

Sale Type
Owner User
Property Type
Office
Building Size
16,568 SF
Building Class
B
Year Built
1989
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,290 SF
Slab To Slab
11’
Building FAR
0.18
Land Acres
2.10 AC
Zoning
B-1 - Commercial
Parking
133 Spaces (7.03 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-33-407-025-0000
Land Assessment
$227,402
Improvements Assessment
$108,639
Total Assessment
$336,041
  • Listing ID: 20017958

  • Date on Market: 6/23/2020

  • Last Updated:

  • Address: 1040 W Northwest Hwy, Mount Prospect, IL 60056

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