1658 W Algonquin Road Mount Prospect, IL ^$ 200,000

1658 W Algonquin Road

^$ 200,000

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1658 W Algonquin Road

Mount Prospect, IL, 60056

^$ 200,000

Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

^$ 1,248

1658 W Algonquin Road, Mount Prospect, IL 60056 - Image 1

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1658 W Algonquin Road, Mount Prospect, IL 60056 - Image 11

Commercial Property for sale in Mount Prospect, IL

for $200,000. This 3,000 square foot building was built on a lot size of 1.04001.

Amazing Turn-Key Business Opportunity! Don't miss this incredible chance to own your own business! If you've ever dreamed of being your own boss, hosting events, and living the dream in a charming rural town, this is your moment. This Korean BBQ Restaurant is now available at an unbeatable price. Featuring over 2,400 sq. ft. of space, it's the perfect setting to bring your ambitions to life. The property also includes extra space ideal for events or expanding your desired business. With strong foot traffic and a welcoming community, this is your chance to transform your vision into reality. The choice is yours-seize it today!

Commercial Active

Price

^$ 200,000

Property Type

Commercial

Taxes

^$ 999

Style

Food & Beverage

Lot Size

1.04001

Town/City

Mount Prospect

County/Region

Cook

MLS | Web ID

12471230

Features

General

Cooling Central Air

Possession Immediate

Zoning COMMR

Stories Count 1

Tax Year 2023

Business Type Food & Beverage

County Cook

Operating Expense 558000

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions W. Algonquin Rd to pass Busse Rd to the Restaurant

City Mount Prospect

MLS Area Mount Prospect

Lot Size Square Feet 45303

Tax Annual Amount 999

Additional Parcels Y/N N

Lease Type Modified Gross

Standard Status Active

Exterior

Building Area Total 3000

Lot Dimensions 1.040

* Excluded Features

List By

Mega Usa Properties, Inc.

Broker

adrianne.han@gmail.com

Affordability Calculator

$1,331

Per Month

Monthly Principal & Interest: $1,248
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mount Prospect, IL

Average List Price ^$748,500

Percent of Sale Price 274%

About Mount Prospect, IL

53,442 Population

-4% Since 2002

^$71,097 Median Income

41.58 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2025	$200,000	-20.00%	Price Down
9/13/2025	$250,000		Listed Price

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1658 W Algonquin Road, Mount Prospect, IL, 60056 is a Commercial Property for sale at $200,000 with 3,000 sqft and a lot size of 1.04001. The property's zip code is 60056 which is in Mount Prospect, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/16/2025.

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1658 W Algonquin Road

Commercial Property for sale in Mount Prospect, IL

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