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$24
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Property Description
Multi-room space adaptable for retail, showroom, office, etc. Great Downtown Mount Prospect location, just .5 mile from the Metra station. Approximately 1925 sq ft. Tenant or their agent to verify.
Full Property Details
Full Property Details for 514 W Northwest Hwy
General
- Price: $24
- Taxes: $12,796 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12417693
- Updated: 12/20/2025
- Added to Site: 209 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Mount Prospect
- County: Cook
- Driving Directions: Located on Northwest Highway, just northwest of Central.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Year Built: 1960
Lot Features
- Lot Size (Sq. Ft.): 2,650
- Lot Dimensions: 50 x 76
- Zoning: COMMR
Financial Considerations
- Lease Price: $24
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1960
- Tax Amount: $12,796
- Tax Year: 2023
- Tenant Pays: Varies by Tenant, All Utilities
Listed by My Town Realty Group Inc
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Schools
Schools serving 514 W Northwest Hwy
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 | 0.4 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 | 0.8 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 514 W Northwest Hwy
Date
Details
Price
Change
Source
7/11/2025
Listed
$24
—
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 514 W Northwest Hwy
514 W Northwest Highway, Mount Prospect, IL 60056 (MLS# 12417693) is a Commercial Lease property. 514 W Northwest Highway is currently listed for $24 and was received on July 11, 2025. Want to learn more about 514 W Northwest Highway? 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.

