The Element offers spacious one-, two-, and three-bedroom apartment homes in a prime Mount Prospect location near major employers, retail, and everyday conveniences. Each home features generous floor plans with classic layouts, townhome-style options, and plenty of room to relax and unwind. Residents can enjoy a full collection of community amenities, including a fitness center, swimming pool, yoga studio, business center, game room, and on-site laundry facilities. With quick access to I-90, I-290, O'Hare International Airport, the Mount Prospect Metra Station, and the Elk Grove Village Business Park, The Element connects you to some of the strongest employment hubs in the northwest suburbs. Discover comfortable living in a highly accessible location. Contact our leasing team today for availability and to schedule your tour!
Apartment for rent
Special offer
$2,500/moFees may apply
1550 Dempster St, # R-r1535, Mount Prospect, IL 60056
3beds
1,800sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Wed Sep 30 2026
Cats, dogs OK
Shared laundry
Central
What's special
Townhome-style options
- 123 days |
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Listing updated:
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Appliances
- Laundry: Shared
Features
- Elevator, Storage
- Windows: Window Coverings
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Details: Contact manager
Features
- Stories: 3
- Patio & porch: Patio
- Exterior features: Dining Area, Dishwasher, Dishwasher (Select Units), Laminate Countertops, Laminate Flooring, Linen Closet, Microwave, Modern Fixtures, Oak Cabinets, Pet-Friendly, RangeOven, Refrigerator, Resident Events, Storage, Tile Bathtub Surround, Tub/Shower Combination, Vinyl Plank Flooring, Walk-In Closet, Wall AC, Washer/Dryer Hookups, White Cabinets, Yoga Studio
- Pool features: Pool
Details
- Additional structures: Storage
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1968
Building
Details
- Building name: The Element
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Pool
HOA
- Amenities included: Clubhouse, Dog Park, Fitness Center, Game Room, Maintenance, Management, Parking, Pool, Storage, Trail(s)
Location
- Region: Mount Prospect
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $2,500+0.2%$1/sqft |
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| 7/7/2026 | Price change | $2,494-1%$1/sqft |
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| 5/22/2026 | Price change | $2,519+0.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2026 | Price change | $2,499+1%$1/sqft |
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| 4/20/2026 | Listed for rent | $2,475+30.9%$1/sqft |
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| 6/15/2022 | Listing removed | -- |
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| 6/14/2022 | Price change | $1,891-0.7%$1/sqft |
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| 6/11/2022 | Price change | $1,904+0.2%$1/sqft |
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| 6/9/2022 | Listed for rent | $1,900$1/sqft |
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Neighborhood: 60056
Nearby schools
GreatSchools rating
- 6/10Robert Frost Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Friendship Jr High SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Prospect High SchoolGrades: 9-12Distance: 2.8 mi
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There are 35 available units in this apartment building
- Special offer! Tour today and apply within 24 hours to receive a credited application fee. Limited time offer ends August 31st.Expires August 31, 2026