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$405,000
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Property Description
Welcome home to this stunning, fully renovated top-floor corner-unit in the highly desirable Lofts at Village Centre in downtown Mount Prospect. Extensive updated from 2022 to 2025, no detail was spared in this turn-key residence. The expansive open layout immediately impresses with soaring ceilings and new living room floor tiles that lead to your private balcony. Relax by the custom electric fireplace or admire the sophisticated bedroom accent featuring custom acoustical oak wall paneling. The gourmet kitchen is a chef's dream, boasting freshly updated cabinetry, newer appliances. Every corner has been elevated including a completely renovated bathroom and a dedicated laundry room. Complete with custom window blinds, a whole-home electrical surge protector. Unbeatable downtown location-just steps to the Metra station, Starbucks, local dining, the library. Monthly assessment covers gas, heat, water, cable and internet. Heated garage space included in the price. Extra wide accessible parking space. Pet-friendly building.
Full Property Details
Full Property Details for 40 E Northwest Hwy #314
General
- Sold For: $405,000
- HOA FEE: $671/month
- Taxes: $7,465 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12640485
- Added to Site: 47 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Other Features: Commuter Train
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Mount Prospect
- County: Cook
- Driving Directions: Corner Northwest Highway and Main Street. Park and enter in back or front on Northwest Hwy. The entrance to the building is under the covered walkway
School Information
- School District: 57
- Midd School District: 57
- Elementary School: Fairview Elementary School
- Middle School: Lincoln Junior High School
- High School: Prospect High School
- Private School: Prospect High School
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 60lbs.
- Mgmt. Company: Mperial Asset Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 1,226
- Sq. Ft. Source: Appraiser
- Year Built: 2003
Unit Information
- Units in Building: 34
Lot Features
- Lot Dimensions: Condo
Financial Considerations
- Association Fee: $671
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2003
- Tax Amount: $7,465.14
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 8121080461031
Listed by Prosperity Homes Co.
Sold by Non Member
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Schools
Schools serving 40 E Northwest Hwy #314
School Districts:Mount Prospect School District 57, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Fairview Elementary School, Mount Prospect, IL 300 North Fairview Avenue, Mount Prospect, IL 60056 | 2-5 | 0.8 mi |
Westbrook Early Learning Center 103 Busse Road, Mount Prospect, IL 60056 | PK-1 | 1.2 mi |
Lincoln Middle School, Mount Prospect, IL 700 West Lincoln Street, Mount Prospect, IL 60056 | 6-8 | 0.6 mi |
Prospect High School 801 West Kensington Road, Mount Prospect, IL 60056 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
40 E Northwest Highway #314, Mount Prospect, IL 60056 (MLS# 12640485) is a Condo property that was sold at $405,000 on June 17, 2026. Want to learn more about 40 E Northwest Highway #314? Do you have questions about finding other Condo 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.

