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$425,000
7 Days On Site

40 E Northwest Highway 314
Mount Prospect, IL 60056

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
1,226
SqFt
$347
/SqFt
2003
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Prosperity Homes Co.
Call Now: 847.967.0022
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847.967.0022
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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.

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Listing Snapshot
Price 
$425,000
Days On Site 
7 Days
Bedrooms 
1
Inside Area (SqFt) 
1,226 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2003
MLS® Number 
12640485
Status 
Active
Property Tax 
$7,465.14
HOA/Condo/Coop Fees 
$671 monthly
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
3
Parking 
Garage Door OpenerAttachedGarage
Parking Spaces 
1
Pets 
Cats OKDogs OKNumber LimitSize Limit
Property Sub Type 
Condominium
Sewer 
Public Sewer
Interior Features
Basement 
None
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Fireplaces 
1
Heating 
Natural Gas
Interior 
Walk-In Closet(s)
Balcony/Porch/Lanai 
Dimensions - 12X5Level - Main
Bedroom 2 
Bedroom 3 
Bedroom 4 
Dining Room 
Family Room 
Kitchen 
Dimensions - 14X13Level - Main
Laundry 
Dimensions - 5X5Level - Main
Living Room 
Dimensions - 23X22Level - Main
Master Bedroom 
Dimensions - 15X12Level - Main
Storage 
Dimensions - 12X3Level - Lower
Walk In Closet 
Dimensions - 5X8Level - Main
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Exterior Features
Construction Details 
Brick
Exterior 
Balcony
Community Features
Accessibility Features 
Accessible Entrance
Association Dues 
671
HOA Fee Frequency 
Monthly
MLS Area 
Mount Prospect
School District 
Prospect High School
Township 
Elk Grove
Schools
School District
Prospect High School
Elementary School
Fairview Elementary School
Middle School
Lincoln Junior High School
High School
Prospect High School
Listing Courtesy of MRED as distributed by MLS Grid of Prosperity Homes Co.



Based on information submitted to the MLS GRID as of 2026-05-14 06:25 AM 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: 2026-05-14 06:25 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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