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  3. Mount Prospect, IL
  4. /
  5. 40 E Northwest Hwy
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40 E Northwest Hwy

40 E Northwest Hwy, Mount Prospect, IL, 60056

YEAR BUILT

2003

# STORIES

3

# TOTAL UNITS

24

UNIT SIZE RANGE

825-2,100 sqft

Description

The building at 40 E Northwest Hwy sits in downtown Mount Prospect. It stands three stories tall and has 24 units in total. Constructed in 2003, this low-rise design creates a welcoming atmosphere. It offers variety with one, two, and three-bedroom options, ensuring choices for different needs. Unit sizes range from 825 to 2,100 square feet. Recent prices fall between $421,000 and $505,000. The average closed price in the last year was around $460,500. This gives a price per square foot of about $281 based on recent sales. The average time on the market is 90 days, allowing buyers time to explore their options. Parking is an asset here with heated garage space available. Many units come with open floor plans, which can make the space feel larger. Vaulted ceilings and stainless steel appliances add a nice touch to the interiors. In-unit laundry is a modern convenience, and there are extra storage units for residents. The area is lively with restaurants and shops nearby. You can enjoy meals at places like Le Peep and Submarine Express. The local public school, Creative Training, is also within a short distance. Nearby parks and community events enhance the neighborhood's charm. Living here provides residents access to amenities like a park, spa, and elevators. A sense of community is easy to find, with events and gatherings often taking place. The location also allows for straightforward trips to the Metra Train Station, so commuting is hassle-free.

Building ImageMLS ID #12206927
Building ImageMLS ID #12164340
Building Image
Building ImageView Listing

40 E Northwest Hwy

40 E Northwest Hwy, Mount Prospect, IL, 60056

YEAR BUILT

2003

# STORIES

3

# TOTAL UNITS

24

UNIT SIZE RANGE

825-2,100 sqft

Description

The building at 40 E Northwest Hwy sits in downtown Mount Prospect. It stands three stories tall and has 24 units in total. Constructed in 2003, this low-rise design creates a welcoming atmosphere. It offers variety with one, two, and three-bedroom options, ensuring choices for different needs. Unit sizes range from 825 to 2,100 square feet. Recent prices fall between $421,000 and $505,000. The average closed price in the last year was around $460,500. This gives a price per square foot of about $281 based on recent sales. The average time on the market is 90 days, allowing buyers time to explore their options. Parking is an asset here with heated garage space available. Many units come with open floor plans, which can make the space feel larger. Vaulted ceilings and stainless steel appliances add a nice touch to the interiors. In-unit laundry is a modern convenience, and there are extra storage units for residents. The area is lively with restaurants and shops nearby. You can enjoy meals at places like Le Peep and Submarine Express. The local public school, Creative Training, is also within a short distance. Nearby parks and community events enhance the neighborhood's charm. Living here provides residents access to amenities like a park, spa, and elevators. A sense of community is easy to find, with events and gatherings often taking place. The location also allows for straightforward trips to the Metra Train Station, so commuting is hassle-free.

Next

Description

The building at 40 E Northwest Hwy sits in downtown Mount Prospect. It stands three stories tall and has 24 units in total. Constructed in 2003, this low-rise design creates a welcoming atmosphere. It offers variety with one, two, and three-bedroom options, ensuring choices for different needs. Unit sizes range from 825 to 2,100 square feet. Recent prices fall between $421,000 and $505,000. The average closed price in the last year was around $460,500. This gives a price per square foot of about $281 based on recent sales. The average time on the market is 90 days, allowing buyers time to explore their options. Parking is an asset here with heated garage space available. Many units come with open floor plans, which can make the space feel larger. Vaulted ceilings and stainless steel appliances add a nice touch to the interiors. In-unit laundry is a modern convenience, and there are extra storage units for residents. The area is lively with restaurants and shops nearby. You can enjoy meals at places like Le Peep and Submarine Express. The local public school, Creative Training, is also within a short distance. Nearby parks and community events enhance the neighborhood's charm. Living here provides residents access to amenities like a park, spa, and elevators. A sense of community is easy to find, with events and gatherings often taking place. The location also allows for straightforward trips to the Metra Train Station, so commuting is hassle-free.

40 E Northwest Hwy Market Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$460,500($281/Sqft.)
Year over year list price0.00%

Year over year sale priceUp Arrow 16.53%
Total Listings0 Listed

Total sold2 Sold
Average Days on Market90 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale priceUp Arrow16.53%
Total Listings0 Listed

Total sold2 Sold
Average Days on Market90 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

40 E Northwest Hwy Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 209209210032652024-11-22
MLS#: 12164340
Closed$500,000
Unit 309309210022682024-04-30
MLS#: 11987254
Closed$505,000
Unit 2092092100223732013-10-31
MLS#: 08185467
Closed$420,000
Unit 209
209

3 Beds

2 Baths

2100 sqft


DateStatusPrice
2024-11-22Closed$500,000
MLS#: 12164340
Days On Market65
Unit 209
209

2 Beds

2 Baths

2100 sqft


DateStatusPrice
2013-10-31Closed$420,000
MLS#: 08185467
Days On Market373
Unit 309
309

2 Beds

2 Baths

2100 sqft


DateStatusPrice
2024-04-30Closed$505,000
MLS#: 11987254
Days On Market68
View Complete Unit Listing HistorySource By: MRED

Amenities

Residents at 40 E Northwest Hwy enjoy a wonderful array of amenities that enhance their living experience. Imagine relaxing in a spa or hot tub after a long day, or passing by the convenient on-site restaurant for a quick bite with friends. The building also features elevators, ensuring easy access to all levels, along with service elevators for those carrying heavy items. If you're someone who enjoys spending time outdoors, there’s a nearby park where you can soak up some sun or get some fresh air—perfect for picnics or evening strolls.

Next

Amenities Description

Residents at 40 E Northwest Hwy enjoy a wonderful array of amenities that enhance their living experience. Imagine relaxing in a spa or hot tub after a long day, or passing by the convenient on-site restaurant for a quick bite with friends. The building also features elevators, ensuring easy access to all levels, along with service elevators for those carrying heavy items. If you're someone who enjoys spending time outdoors, there’s a nearby park where you can soak up some sun or get some fresh air—perfect for picnics or evening strolls.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Spa/Hot Tub

Spa/Hot Tub

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Living in a condominium comes with certain rules that help maintain a harmonious community. Here, you’ll find policies that include a pet-friendly approach—both cats and dogs are welcome! However, do keep in mind that there are limits regarding the number and size of pets, which is something to consider if you have furry friends.

Next

Amenities Description

Living in a condominium comes with certain rules that help maintain a harmonious community. Here, you’ll find policies that include a pet-friendly approach—both cats and dogs are welcome! However, do keep in mind that there are limits regarding the number and size of pets, which is something to consider if you have furry friends.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
40 E Northwest Hwy$281/sqft.$3 /sqft.
Village Centre$281/sqft.$3 /sqft.
100 S Emerson St$309/sqft.$2 /sqft.
The Emerson$309/sqft.$2 /sqft.
20 S Main St$231/sqft.$3 /sqft.
20 S Main St$231/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 40 E Northwest Hwy.

St Paul Lutheran School

--
Private|Grades PK–8
18 S School St|0.35 miles away

St Raymond School

--
Private|Grades PK–8
300 S Elmhurst Ave|0.5 miles away

Lions Park Elementary School

B
Public|Grades 2–5
300 E Council Trl|0.75 miles away

Lincoln Middle School

B-
Public|Grades 6–8
700 W Lincoln St|0.85 miles away

Fairview Elementary School

B
Public|Grades 2–5
300 N Fairview Ave|1.09 miles away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|1.57 miles away
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Schools

St Paul Lutheran School

--
Private|Grades PK–8
18 S School St|Less than 1 Mile Away

St Raymond School

--
Private|Grades PK–8
300 S Elmhurst Ave|Less than 1 Mile Away

Lions Park Elementary School

B
Public|Grades 2–5
300 E Council Trl|Less than 1 Mile Away

Lincoln Middle School

B-
Public|Grades 6–8
700 W Lincoln St|Less than 1 Mile Away

Fairview Elementary School

B
Public|Grades 2–5
300 N Fairview Ave|1.09 Miles Away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|1.57 Miles Away

Prospect High School

A
Public|Grades 9–12
801 W Kensington R...|1.65 Miles Away

Bright Horizons

--
Private|Grades PK–TKG
1020 S Hunt Club D...|1.77 Miles Away

Brentwood Elementary School

B
Public|Grades KG–5
260 Dulles Rd|1.79 Miles Away

Timber Ridge School

--
Public|Grades –
201 S Evanston Ave|1.86 Miles Away

Chippewa Middle School

B-
Public|Grades 6–8
123 N 8th Ave|2.12 Miles Away

Cumberland Elementary School

B+
Public|Grades KG–5
700 E Golf Rd|2.24 Miles Away

Forest View Elementary School

A-
Public|Grades KG–5
1901 W Estates Dr|2.30 Miles Away

Euclid Elementary School

B
Public|Grades PK–5
711 E Euclid Ave|2.31 Miles Away

Robert Frost Elementary School

C
Public|Grades KG–5
1308 S Cypress Dr|2.32 Miles Away

The Early Learning Center

--
Public|Grades PK–PK
1900 W Lonnquist B...|2.35 Miles Away

Holmes Jr High School

B
Public|Grades 6–8
1900 W Lonnquist B...|2.44 Miles Away

Dryden Elementary School

B+
Public|Grades KG–5
722 S Dryden Pl|2.54 Miles Away

Terrace Elementary School

B+
Public|Grades KG–5
735 S Westgate Rd|2.60 Miles Away

Terrace School-D/Hh Early Childhood Program

--
Public|Grades –
735 S Westgate Rd,...|2.60 Miles Away

River Trails Middle School

B-
Public|Grades 6–8
1000 N Wolf Rd|2.64 Miles Away

Maryville Jen School

--
Private|Grades 9–12
1150 N River Rd|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Main/Busse

0.08 miles away|2 min walk

Main/Central

0.24 miles away|5 min walk

Main/Henry

0.41 miles away|8 min walk

Main/Gregory

0.91 miles away|18 min walk

Business Center Dr & Rand Rd

1.11 miles away|22 min walk

Main/Highland

1.25 miles away|24 min walk
Next

Transit

Main/Busse

0.08 miles away|2 min walk

Main/Central

0.24 miles away|5 min walk

Main/Henry

0.41 miles away|8 min walk

Main/Gregory

0.91 miles away|18 min walk

Business Center Dr & Rand Rd

1.11 miles away|22 min walk

Main/Highland

1.25 miles away|24 min walk

Business Center Dr & Wheeling Rd

1.38 miles away|27 min walk

Golf Rd & Country Ln

1.48 miles away|29 min walk

Golf Rd & Elm St

1.49 miles away|29 min walk

Golf Rd & School St/Marshall Dr

1.51 miles away|29 min walk

Golf Rd & Marshall Dr/School St

1.52 miles away|30 min walk

Business Center Dr & Feehanville Dr (W)

1.53 miles away|30 min walk

Golf Rd & Elmhurst Rd

1.54 miles away|30 min walk

Elmhurst/Kensington

1.58 miles away|31 min walk

Business Center Dr & Feehanville Dr

1.59 miles away|31 min walk

Golf Rd & Louis St

1.6 miles away|31 min walk

Golf Rd & Wa Pella Ave/Hunt Club Dr

1.62 miles away|32 min walk

Golf Rd & Hunt Club Dr/Wa Pella Dr

1.64 miles away|32 min walk

Golf Rd & Wilkins Dr/Golfview Pl

1.65 miles away|32 min walk

Golf Rd & Golfview Pl/Wilkins Dr

1.66 miles away|32 min walk

Elmhurst/Rand

1.68 miles away|33 min walk

Golf Rd & Mt Prospect Rd

1.7 miles away|33 min walk

Golf Rd & Na Wa Ta Ave

1.71 miles away|33 min walk

Business Center Dr & Slawin Ct

1.77 miles away|34 min walk

Elmhurst/Randhurst Mall

1.84 miles away|36 min walk

Golf Rd & Lancaster St

1.85 miles away|36 min walk

Cumberland Metra (485 Northwest Hwy)

1.95 miles away|38 min walk

Golf Rd & Warrington Rd

1.95 miles away|38 min walk

Cumberland

1.95 miles away|38 min walk

Cumberland Metra (484 Northwest Hwy)

1.96 miles away|38 min walk

Golf Rd & Robert Dr

2.02 miles away|39 min walk

Business Center Dr & Feehanville Dr (E)

2.04 miles away|40 min walk

Feehanville Dr & Business Center Dr

2.07 miles away|40 min walk

Golf/Eighth

2.1 miles away|41 min walk

Business Center Dr & Bishop Ct

2.12 miles away|41 min walk

Golf/Seventh

2.16 miles away|42 min walk

Broadway St & Northwest Hwy

2.16 miles away|42 min walk

Elmhurst/Euclid

2.2 miles away|43 min walk

Golf/Sixth

2.22 miles away|43 min walk

Golf Rd & Busse Rd

2.25 miles away|44 min walk

Golf Rd & Busse Rd (@ 1731 Golf Rd)

2.28 miles away|44 min walk

Golf/Fifth

2.31 miles away|45 min walk

Golf Rd & Oakwood Dr

2.35 miles away|46 min walk

Golf/Fourth

2.38 miles away|46 min walk

Golf/Third

2.44 miles away|47 min walk

Elmhurst/Hawthorne

2.49 miles away|48 min walk

Golf/Second

2.51 miles away|48 min walk

Dempster St & Ida Ct (E)

2.54 miles away|49 min walk

Golf Rd & Meier Rd

2.64 miles away|51 min walk

Elmhurst/Mars

2.69 miles away|52 min walk

The Neighbourhood: 40 E Northwest Hwy

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40 E Northwest Hwy Demographics

Age Demographics

0–14 Years

21.57%

15–29 Years

13.63%

30–44 Years

19.66%

45–59 Years

22.2%

60+ Years

22.94%

Commute

9.83%

Transit

0.73%

Walk

74.69%

Drive

0.51%

Bike

Housing Ownership

86.82%

Owner Occupied

13.18%

Rental Units

Household Types

Single Family
36.66%
Multi Family
9.12%
Single Person
23.12%
Multi Person
76.88%

Average Income

Household:$11,398,629.81 /yr

Individual:$5,094,287.13 /yr

Education

Bachelors Degree35.55%
High School College16.32%
Diploma6.27%
Post Graduate21.65%
Others20.22%
Next

Education

Diploma6.27%
Post Graduate21.65%
Others20.22%
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  2. /Mount Prospect, IL
  3. /
    40 E Northwest Hwy
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