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714 W Ivanhoe Lane
Mount Prospect IL 60056 US

$975,000

Active Under Contract Listing ID 12790364
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9 bed
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6.00 Bath (6 Full)
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Lot: 0.06 Acres
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Other

$975,000

Active Under Contract Listing ID 12790364
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714 W Ivanhoe Lane 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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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 975000
  • unparsedaddress: 714 W Ivanhoe Lane
  • postalcity: Mount Prospect
  • stateorprovince: IL
  • country: US
  • postalcode: 60056
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0613
  • lotsizeunits: Acres
  • lotsizearea: 0.0613
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.042481
  • longitude: -87.947496
  • listagentfullname: Jesus Vazquez
  • listagentemail: jvaz287097@outlook.com
  • listagentkey: 3yd-MREDIL-108420
  • listagentmlsid: 108420
  • listagentpreferredphone: (773) 775-0600
  • listagentofficephone: 7732970457
  • listofficekey: 3yd-MREDIL-17299
  • listofficemlsid: 17299
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1977
  • listingcontractdate: 2026-10-19
  • listagenturl: http://www.GreaterChicagoEstates.com
  • countyorparish: Cook
  • parcelnumber: 08144011290000
  • constructionmaterials: Brick
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bedroom 7, Bathroom 5, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 9, Bedroom 8, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.947495, 42.04248
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX City", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jvaz287097@outlook.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":"martinlata@gmail.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/63031a50be2511e082a400219b994c72k-c1420540851r.png", "ListBrokerageName":"RE/MAX City", "ListBrokeragePhone":"(773) 775-0600", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"http://www.GreaterChicagoEstates.com", "ListOfficeAddress1":"7020 W. Higgins Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"17299", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"martinlata@gmail.com", "ListOfficePostalCode":"60656", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Mount Prospect, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/714-W-Ivanhoe-Ln_Mount-Prospect_IL_60056_M89229-00779?f=listhub&s=MREDIL&m=12790364&c=rexren", "MLSModificationTimestamp":"2026-10-31 13:08:03", "Neighborhoods":[{"Description":null, "Name":"Mount Prospect"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":17949, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/31/2026 1:18:25 PM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Jesus Vazquez, RE/MAX City, jvaz287097@outlook.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.