Guilmer Criollo - Chicagoland Brokers Inc Logo
$975,000
( $192.42Per Sq Foot )
 $5,234 est/mo Sourced by Back At You

714 W Ivanhoe Lane,Mount Prospect, IL 60056

Mount Prospect, IL 60056

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Description

Pride of ownership, a beautiful setting, and rental upside; all in one standout six-unit investment! Located in a nicely landscaped Mount Prospect subdivision with parks within walking distance, 714 W. Ivanhoe Lane offers manicured grounds and well-maintained, turnkey units. The care invested in this property is evident throughout, making it an appealing opportunity for buyers seeking an established income-producing building. Current rents are estimated to be average approximately $200-$300 per unit, per month below area market rents, offering meaningful potential for income growth as leases permit. Enjoy the advantages of a cared-for property today with room to strengthen its performance over time. An attractive opportunity to start or expand your investment portfolio. Rent roll and property financials available upon request.

Details

MLS #12790364
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive Under Contract
Year1977
Days On Site17
Listing Provided ByRE/MAX City | Jesus Vazquez

Features

SQ Feet5,067
Story(s)2
Units6
ZoningMULTI

Interior

CoolingWall Sleeve

Exterior

Construction MaterialsBrick

Taxes

Tax Year2025
Tax Annual Amount17948.85

Area Information

StateIL
CountyCook
CityMount Prospect
Zip Code60056
AreaMount Prospect
Listing VS Median (in 60056)
Price:
$975,000
low | high
Med:
$419,900
100% of Average
sqft:
5,067
low | high
Med:
1,449
100% of Average
$ / sqft:
$192
low | high
Med:
$291
2% of Average
On site:
17
low | high
Med:
26
65.384615384615% of Average
Sourced by Back At You

Market Activity 60056

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Learn More About This Property

Guilmer Criollo

Guilmer Criollo

Chicagoland Brokers Inc

 (773) 931-2060guilmerc@gmail.com
StateIL
CountyCook
CityMount Prospect
Zip Code60056
AreaMount Prospect
Listing VS Median (in 60056)
Price:
$975,000
low | high
Med:
$419,900
100% of Average
sqft:
5,067
low | high
Med:
1,449
100% of Average
$ / sqft:
$192
low | high
Med:
$291
2% of Average
On site:
17
low | high
Med:
26
65.384615384615% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $731K - $1.218M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
916 S I Oka Avenue Property Photo 1
$1,049,900
916 S I Oka Avenue
Mount Prospect, IL 60056
Listing Updated: October 31, 2026 at 7:13:04 AM PDT

Guilmer Criollo - Chicagoland Brokers Inc