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$1,250,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1150 W Northwest Hwy
General
- Price: $1,250,000
- Taxes: $43,375 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12597770
- Updated: 4/19/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Private Restroom(s)
- Flooring: Carpet
Additional Information
- Security/Safety: Alarm Monitored, Sprinklers (Dry), Sprinklers (Wet)
Location
- Area: Mount Prospect
- County: Cook
- Township: Wheeling
- Driving Directions: 355 to Euclid ave East, Right on Highway 14(Northwest highway), building on the left with underground and street parking out front.
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Metal
- Sub-Flooring: Carpet
- Stories/Levels: 1
- Square Feet: 5,707
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 2003
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 16,650
- Lot Dimensions: 150 x 111 x 150 x 111
- Zoning: OFFIC
Financial Considerations
- Lease Price: $25
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $63,766
- Security Deposit: Alarm Monitored, Sprinklers-Dry, Sprinklers-Wet
- Assessment Year: 2003
- Tax Amount: $43,375
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs
Disclosures and Reports
- Property ID: 3334060200000
Listed by Century 21 Circle
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Schools
Schools serving 1150 W Northwest Hwy
School Districts:Township High School District 214, Mount Prospect School District 57
| Name | Grades | Distance |
|---|---|---|
Fairview Elementary School, Mount Prospect, IL 300 North Fairview Avenue, Mount Prospect, IL 60056 | 2-5 | 0.3 mi |
Westbrook Early Learning Center 103 Busse Road, Mount Prospect, IL 60056 | PK-1 | 0.5 mi |
Lincoln Middle School, Mount Prospect, IL 700 West Lincoln Street, Mount Prospect, IL 60056 | 6-8 | 0.8 mi |
Prospect High School 801 West Kensington Road, Mount Prospect, IL 60056 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1150 W Northwest Hwy
Date
Details
Price
Change
Source
4/19/2026
Listed
$1,250,000
-10.39%
MLS
3/25/2003
Sold
$1,395,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1150 W Northwest Hwy
1150 W Northwest Highway, Mount Prospect, IL 60056 (MLS# 12597770) is a Commercial property. 1150 W Northwest Highway is currently listed for $1,250,000 and was received on April 19, 2026. Want to learn more about 1150 W Northwest Highway? Do you have questions about finding other Commercial real estate for sale in Mount Prospect? You can browse all Mount Prospect real estate or contact a Coldwell Banker agent to request more information.

