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    • $405,000

    40 E Northwest Hwy Unit 314, Mount Prospect, IL 60056

    1beds
    1,226sqft
    Condominium, Single Family Residence
    Built in 2003
    -- sqft lot
    $407,100 Zestimate®
    $330/sqft
    $2,233 Estimated rent

    Home value

    $407,100

    $370,000 - $448,000

    $2,233/mo

    Zestimate® history
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    What's special

    Custom electric fireplacePrivate balconySoaring ceilingsFreshly updated cabinetryExpansive open layoutGourmet kitchenHeated garage space included
    Welcome home to this stunning, fully renovated top-floor corner-unit in the highly desirable Lofts at Village Centre in downtown Mount Prospect. Extensive updated from 2022 to 2025, no detail was spared in this turn-key residence. The expansive open layout immediately impresses with soaring ceilings and new living room floor tiles that lead to your private balcony. Relax by the custom electric fireplace or admire the sophisticated bedroom accent featuring custom acoustical oak wall paneling. The gourmet kitchen is a chef's dream, boasting freshly updated cabinetry, newer appliances. Every corner has been elevated including a completely renovated bathroom and a dedicated laundry room. Complete with custom window blinds, a whole-home electrical surge protector. Unbeatable downtown location-just steps to the Metra station, Starbucks, local dining, the library. Monthly assessment covers gas, heat, water, cable and internet. Heated garage space included in the price. Extra wide accessible parking space. Pet-friendly building.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ying Wu 630-305-9207,

    Prosperity Homes Co.

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12640485MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Balcony/Porch/Lanai, Storage, Walk In Closet
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Balcony porch lanai
    • Level: Main
    • Area: 60 Square Feet
    • Dimensions: 12X5
    Kitchen
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Laundry
    • Level: Main
    • Area: 25 Square Feet
    • Dimensions: 5X5
    Living room
    • Level: Main
    • Area: 506 Square Feet
    • Dimensions: 23X22
    Storage
    • Level: Lower
    • Area: 36 Square Feet
    • Dimensions: 12X3
    Walk in closet
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5X8
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,226 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Disabled Parking, Disability Access
    Details
    • Additional parcels included: 08121080461118,08121080461061
    • Parcel number: 08121080461031
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Heat, Water, Gas, Parking, Insurance, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
    • HOA fee: $671 monthly
    Location
    • Region: Mount Prospect

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $218,040
    • Annual tax amount: $7,465
    • Date on market: 5/8/2026
    • Listing terms: Cash
    • Ownership: Condo

    Price history

    DateEventPrice
    6/17/2026Sold$405,000-4.7%$330/sqft
    Source: MRED as distributed by MLS GRID #12640485 Report a problem
    5/20/2026Contingent$425,000$347/sqft
    Source: MRED as distributed by MLS GRID #12640485 Report a problem
    5/8/2026Listed for sale$425,000+73.5%$347/sqft
    Source: MRED as distributed by MLS GRID #12640485 Report a problem
    9/13/2016Sold$245,000-1.6%$200/sqft
    Source: MRED as distributed by MLS GRID #09265679 Report a problem
    7/25/2016Pending sale$249,000$203/sqft
    Source: Picket Fence Realty Mt. Prospe #09265679 Report a problem
    7/13/2016Price change$249,000-3.9%$203/sqft
    Source: Picket Fence Realty Mt. Prospe #09265679 Report a problem
    6/22/2016Listed for sale$259,000+18.5%$211/sqft
    Source: Picket Fence Realty Mt. Prospe #09265679 Report a problem
    9/27/2013Sold$218,500-0.5%$178/sqft
    Source: Baird & Warnerc #08412222_60056_314 Report a problem
    9/1/2013Pending sale$219,500$179/sqft
    Source: Baird & Warner Real Estate #08412222 Report a problem
    8/6/2013Price change$219,500-2.4%$179/sqft
    Source: Baird & Warner Real Estate #08412222 Report a problem
    7/12/2013Price change$225,000-5.9%$184/sqft
    Source: Baird & Warner Real Estate #08412222 Report a problem
    5/25/2013Listed for sale$239,000+6.2%$195/sqft
    Source: Baird & Warner #08351161 Report a problem
    6/22/2009Sold$225,000$184/sqft
    Source: Baird & Warnerc #07212204_60056_314 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,690 +10.5%$21,804 +0%
    2023$5,150 +4.6%$21,803
    2022$4,924 +20.7%$21,803 +32.8%
    2021$4,079 +0.4%$16,420
    2020$4,064 -0.4%$16,420 -10.3%
    2019$4,078 -4.7%$18,299 +5%
    2018$4,281 -0.7%$17,427
    2017$4,310 +8.7%$17,427
    2016$3,966 +18.8%$17,427 +23.5%
    2015$3,338 -17.2%$14,108
    2014$4,031 +23%$14,108
    2013$3,277 -10.6%$14,108 -15.6%
    2012$3,664 +1.8%$16,718
    2011$3,597 -1%$16,718
    2010$3,633 +42.5%$16,718 +26.1%
    2009$2,550 -45.7%$13,253 -51.6%
    2008$4,694 $27,361
    Find assessor info on the county website

    Neighborhood: 60056

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairview Elementary School
    • Middle: Lincoln Junior High School
    • High: Prospect High School
    • District: 57

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $407,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $407,100

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