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Property Description
Excellent location next to the Lions Park. Ongoing church building has 3 rooms to rent. Part of the building was former Montessori school. Rent 1st floor multi-purpose room (1000 SF), basement multipurpose room (1100 SF). Main Church Sanctuary ( 2500 SF.) Main sanctuary is 260 person capacity. Parking on the main parcel and lot and across the street totaling 73 parking spaces. First floor large room can be divided into 3 small rooms. Newer Paint and newer floor. Playground with the fence. Kitchen is not include with lease. Tenant can rent separate rooms or rent main sanctuary and rooms together or only main sanctuary. Rent will calculate accordingly. On Sunday, lease is available only after 1pm. Current church have worship service at 9 am and 11 am on Sunday in main sanctuary. On Wed and Friday, worship service at 8pm. There is dawn prayer meeting everyday at 5pm. The school building is used as Sunday School on Sunday 11 am. Not For Sale.
Full Property Details
Full Property Details for 501 S Emerson St
General
- Price: $13
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12500312
- Updated: 10/27/2025
- Added to Site: 108 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s)
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Mount Prospect
- County: Cook
- Township: Wheeling
- Driving Directions: SW corner Emerson & Shabonee Trail
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall Sleeve
- Heating Type: Radiators
Utilities
- Water: Municipal Water
- Onsite: Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Wood, Vinyl Siding
- Exterior Const.: Brick, Wood, Vinyl Siding
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Year Built: 1968
- Built Before 1978: Yes
Lot Features
- Frontage: Public Road
- Potential Use: Office
- Zoning: OTHER
Financial Considerations
- Lease Price: $13
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1968
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Sewer
Listed by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 501 S Emerson St
School Districts:Mount Prospect School District 57, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Lions Park Elementary School 300 East Council Trail, Mount Prospect, IL 60056 | 2-5 | 0.2 mi |
Lincoln Middle School, Mount Prospect, IL 700 West Lincoln Street, Mount Prospect, IL 60056 | 6-8 | 0.7 mi |
Prospect High School 801 West Kensington Road, Mount Prospect, IL 60056 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 S Emerson St
Date
Details
Price
Change
Source
10/21/2025
Listed
$13
—
MLS
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 501 S Emerson St
501 S Emerson Street, Mount Prospect, IL 60056 (MLS# 12500312) is a Commercial Lease property. 501 S Emerson Street is currently listed for $13 and was received on October 21, 2025. Want to learn more about 501 S Emerson Street? Do you have questions about finding other Commercial Lease 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.

