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$975,000
1 Day On Site

714 W Ivanhoe Lane
Mount Prospect, IL60056

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,067
SqFt
$192
/SqFt
1977
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City

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708-308-1938
714 W Ivanhoe Lane
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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.

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Listing Snapshot
Price 
$975,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
5,067 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1977
MLS Number 
12790364
Status 
Active
Property Tax 
$17,948.85
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Property Sub Type 
Multi Family
SqFt Total 
5067
Zoning 
MULTI
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Mount Prospect
Township 
Elk Grove
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX City



Based on information submitted to the MLS GRID as of 2026-10-22 07:45 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-22 07:45 PM UTC
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Neighborhood & Commute
Source: Walkscore
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