Property for Sale: 506 E Northwest, Mount Prospect, IL 60056 SOLD

$525,000
$525,000
506 E Northwest, Mount Prospect, IL 60056 SOLD
$525,000
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Selling Price: $525,000
Original List Price: $695,000
Sold at 75.5% of list price
Sold Date: 06/05/2023

Type Commercial
Year Built 1960

City Mount Prospect
County Cook

MLS 10043865
Status Closed
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,

Lot & Building Features

Construction Brick, Concrete
Cooling Central Air
Tax Year 2020
Lot Dimensions 100X122 ft

Price History of 506 Northwest, Mount Prospect, IL

Date Name Price Difference
09/13/2022 Price Adjustment $525,000 15.32%
07/10/2022 Price Adjustment $619,999 0.80%
12/13/2021 Price Adjustment $624,999 0.32%
05/16/2021 Price Adjustment $626,999 0.16%
03/27/2021 Price Adjustment $627,999 0.32%
07/31/2020 Price Adjustment $629,999 0.79%
06/09/2020 Price Adjustment $634,999 0.31%
03/03/2020 Price Adjustment $637,000 0.47%
11/21/2019 Price Adjustment $640,000 0.78%
09/07/2019 Price Adjustment $645,000 0.77%
08/07/2019 Price Adjustment $649,999 1.29%
06/13/2019 Price Adjustment $658,499 0.23%
04/09/2019 Price Adjustment $659,999 4.00%
02/08/2019 Price Adjustment $687,500 1.08%
12/31/1969 Listing Price $695,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Commercial, Michael Levin
Sold by Schwalb Realty Group, Inc, David Schwalb
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Commercial