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506 E Northwest Highway, Mount Prospect, IL 60056
$525,000
506 E Northwest Highway, Mount Prospect, IL 60056View this property at 506 E Northwest Highway, Mount Prospect, IL 60056
506 E Northwest HighwayMount ProspectIL60056
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Property Description
Great Freestanding Masonry Commercial Built Out Retail Building, B-5 Zoning, 3982 Sq Feet, 1000 Sq Ft Basement For Storage, Outstanding Frontage and Visibility On Northwest Highwayand For Metra Union Pacific Northwest Line Ridership, 10,900 Cars Passing This Location A Day, Great Signage, Large Very Bright Window Line, Just South Of The Very Busy Intersection Of Northwest Highway and Main Street Downtown Mt Prospect, 200 Amp 3 Phase Electric System, 12,345 Sq Ft Lot, Large Paved Parking Lot in Rear For 40 Cars, Building Has Its Own Driveway and Parking Lot Entrance Off Of Northwest Highway and Back Alley, Can Be Used For Restaurant, Fast Food, Coffee, Retail, Office,Laundry, Gym, Physical Fitness/Rehab, Medical, Dental, Insurance, Real Estate, Lawyer, Day Care, Or Some Other Professional Use Or You Can Redevelop, Pin Numbers - 08122210050000, 08122210060000, 08122210070000, 08122210080000 Do Not Bother Tenant, Call Listing Agent For Showing
Full Property Details
Full Property Details for 506 E Northwest Hwy
General
- Sold For: $525,000
- Taxes: $15,848 (2020)
- Status: Closed
- Type: Commercial
- MLS ID: 10043865
- Added to Site: 2, 098 day(s) ago
Interior
- Interior Features: Private Restroom(s), Storage Inside, Other, Basement
- Flooring: Carpet, Tile, Varies, Vinyl
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Hydrants on Site, Smoke or Fire Protectors
Parking
- Total Spaces: 30
- Parking Features: 19 to 30 Spaces
Location
- Area: Mount Prospect
- County: Cook
- Driving Directions: MAIN STREET AND NORTHWEST HIGHWAY IN MOUNT PROSPECT SOUTH TO ADDRESS
- Location Details: Northwest Suburban, Central Business District, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Membrane, Rubber
- Ceiling Height: 12
- Sub-Flooring: Carpet, Tile, Varies, Vinyl
- Stories/Levels: 1
- Square Feet: 3,982
- Current Bldg. Use: Commercial, Office
- Year Built: 1960
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 12,345
- Lot Dimensions: 100 x 122
- Frontage: City Street, County Road, Public Road, State Road, Township Road
- Drainage: Drainage Ways, Floor Drains, Storm Sewers
- Potential Use: Commercial, Office and Research, Retail
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors
- Assessment Year: 1960
- Tax Amount: $15,848
- Tax Year: 2020
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Documents Avail.: Tax Bill
- Property ID: 8122210060000
Listed by @properties Commercial
Sold by Schwalb Realty Group, Inc
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Schools
Schools serving 506 E Northwest Hwy
School Districts:Mount Prospect School District 57, Township High School District 214
Rating | Name | Grades | Distance |
---|---|---|---|
300 N Fairview Ave, Mt Prospect, IL 60056 | 2-5 | 1.2 mi | |
700 W Lincoln St, Mt Prospect, IL 60056 | 6-8 | 0.9 mi | |
801 W Kensington Rd, Mt Prospect, IL 60056 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 E Northwest Hwy
Date
Details
Price
Change
Source
6/05/2023
Sold
$525,000
-12.5%
MLS
9/13/2022
Price Reduced
$599,999
-3.23%
MLS
7/10/2022
Price Reduced
$619,999
-0.8%
MLS
12/13/2021
Price Reduced
$624,999
-0.32%
MLS
5/16/2021
Price Reduced
$626,999
-0.16%
MLS
3/27/2021
Price Reduced
$627,999
-0.32%
MLS
7/31/2020
Price Reduced
$629,999
-0.79%
MLS
6/09/2020
Price Reduced
$634,999
-0.31%
MLS
3/03/2020
Price Reduced
$637,000
-0.47%
MLS
11/21/2019
Price Reduced
$640,000
-0.78%
MLS
9/07/2019
Price Reduced
$645,000
-0.77%
MLS
8/07/2019
Price Reduced
$649,999
-1.29%
MLS
6/13/2019
Price Reduced
$658,499
-0.23%
MLS
4/09/2019
Price Reduced
$659,999
-4%
MLS
2/08/2019
Price Reduced
$687,500
-1.08%
MLS
8/07/2018
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 E Northwest Highway, Mount Prospect, IL 60056 (MLS# 10043865) is a Commercial property that was sold at $525,000 on June 05, 2023. Want to learn more about 506 E 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.