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40 Northwest Hwy

Mount Prospect, IL 60056

1 bd 1 ba 825 sqft Built 2004 condos
Most recent sale
$209,950
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $209,950 MLS #11620480
Sep 2, 2022 Listing removed $225,000 MRED
Sep 2, 2022 Listed $214,900 MLS #11620480
Aug 10, 2022 Listed $225,000 MLS #11488085
Nov 1, 2017 Sold $200,000 Public Record
Sep 22, 2017 Sold $199,900 MLS #09709635
Sep 17, 2017 Relisted $199,900 MLS #09709635
Sep 6, 2017 Listing removed $199,900 MRED
Aug 28, 2017 Relisted $199,900 MLS #09709635
Aug 27, 2017 Listing removed $199,900 MRED
Aug 2, 2017 Listed $199,900 MLS #09709635
Aug 2, 2017 Listing removed $209,900 MRED
Jun 5, 2017 Listing removed $219,000 MRED
Jun 5, 2017 Listed $209,900 MLS #09648961
Feb 13, 2017 Listed $219,000 MLS #09502460
Feb 13, 2017 Listing removed $220,000 MRED
Oct 11, 2016 Listed $220,000 MLS #09364217
Aug 19, 2004 Sold $236,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $14,151 $262 $14,413 $4,014
2022 $14,151 $262 $14,413 $3,860
2021 $10,689 $165 $10,854 $3,381
2020 $10,689 $165 $10,854 $3,311
2019 $11,931 $165 $12,096 $3,317
2018 $11,382 $138 $11,520 $3,524
2017 $11,382 $138 $11,520 $2,498
2016 $11,382 $138 $11,520 $2,397
2015 $9,220 $106 $9,326 $1,948
2014 $9,220 $106 $9,326 $1,931
2013 $9,220 $106 $9,326 $1,912
2012 $10,907 $145 $11,052 $2,204
2011 $10,907 $145 $11,052 $2,211
2010 $10,907 $145 $11,052 $2,252
2009 $8,498 $263 $8,761 $1,552
2008 $9,000 $421 $9,421 $1,478
2007 $15,226 $1,023 $16,249 $3,122
2006 $14,315 $930 $15,245 $3,154

Property facts

Year built
2004
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
825 sqft
Lot size
ZIP code
60056
City
Mount Prospect
Street
Northwest Hwy
Coordinates
42.06370, -87.93600

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,485
Gross rental yield
8.49%
Implied cap rate
5.52%
Trend-extrapolated value

Frequently asked questions

When did 40 Northwest Hwy last sell?
40 Northwest Hwy most recently sold on Oct 13, 2022 for $209,950.
What is the current tax assessment for 40 Northwest Hwy?
The most recent total assessment for 40 Northwest Hwy (year 2023) is $14,413 with $4,014 in property tax.
How does 40 Northwest Hwy's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $209,950.
When was 40 Northwest Hwy built?
40 Northwest Hwy was built in 2004.
How does 40 Northwest Hwy compare to others on Northwest Hwy?
We track 8 other properties on Northwest Hwy. Browse the list under "Other properties on Northwest Hwy" to compare beds, baths, and sale history.
What are the property facts for 40 Northwest Hwy?
40 Northwest Hwy is a 1 bed, 1 bath, 825 sqft condos.
Is 40 Northwest Hwy a flip candidate?
No — 40 Northwest Hwy does not appear in our flips dataset.
Is 40 Northwest Hwy a tax-appeal candidate?
No — 40 Northwest Hwy is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$471.8K
2026 Q4
$482.5K
ZIP 60056 — Median Price History + Forecast

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