The reimagined Prospect Place introduces a new level of luxury apartment living to the thriving downtown district of Mount Prospect. Designed & built by the award-winning team of Noah Properties & Lisek Interiors, the new construction 1 & 2 bedroom apartments offer condo-level finishes and unrivaled amenities at every turn. The professionally managed building redefines upscale living through a blend of modern elegance, comfort and functionality. Apartment Highlights: - Custom Kitchen Cabinetry w/ Stainless-steel Appliances - Wide-plank Flooring w/ High Ceilings & Large Windows - Private Balconies - Ensuite Bedrooms w/ Dual Sink Vanity Bathrooms - Spa-like Guest Bathrooms w/ Full Shower/Tub - Built-in Custom Fireplace - High-Speed Internet - Large Bedroom Layouts - In-unit Laundry Resident-exclusive amenities: - Fitness Center w/ Relaxation Sauna Room - Penthouse Lounge w/ stunning 360 views over Downtown Mt. Prospect - Entertainment Room w/ Pool Table, 70" HDTV, Complimentary WiFi & Party Kitchen - Rooftop Grilling Stations with Dining and Relaxation Areas - Sun Deck Lounge - Pet Spa & Grooming Room - Co-Work Flex Offices - Complimentary Coffee Bar - On-site Management & Maintenance - EV Charging Stations - Private Car Wash - Heated Garage Parking - Dual Elevator Building Residents are immersed into the vibrant city - featuring trendy dining establishments, popular entertainment and retail shops as well as highly regarded schools. Prospect Place is also ideally located across the street from the Mount Prospect Metra Train Station (just a 30 minute express train into Chicago), near the I-90 for quick local travel, and just 10 miles from O'Hare International Airport - providing convenient access for traveling to and from.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Prospect Place Luxury Apartments by bedroom type below.
1 Bedroom
Suggested income:
$91,300
per year
2 Bedroom
Suggested income:
$122,000
per year
Rent report
Prospect Place Luxury Apartments Rent vs. Mount Prospect Average
Prospect Place Luxury Apartments
Mount Prospect Average
1BR
$2,535
$1,653
$0
$850
$1,700
$2,550
$3,400
2BR
$3,391
$2,044
$0
$1,150
$2,300
$3,450
$4,600
Prospect Place Luxury Apartments is asking 53%
more than the average 1 bedroom apartment in
Mount Prospect.
If you upsized to an average priced Mount Prospect 2 bedroom apartment, you would pay
19% more per month.
If you downsized to an average priced Mount Prospect studio apartment,
you would pay 23% more per month.
Prospect Place Luxury Apartments provides 14%
less square footage than the average
Mount Prospect 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Prospect Place Luxury Apartments
1BR
$2,535
$3.90
$7,605
2BR
$3,391
$3.30
$10,172
Mount Prospect Average
Studio
$2,150
$3.40
$6,449
1BR
$1,653
$2.20
$4,959
2BR
$2,044
$2.10
$6,133
3BR
$2,813
$1.70
$8,438
Availability in Mount Prospect
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 38 1BR
units on the market in Mount Prospect. If you're looking to negotiate, this may be your best option.
Presance Chicago Hospitals Network Dba Presence Holy Family Medical Center2.49 mi.
Northwest Community Hospital2.83 mi.
Chicago Behavioral Hospital3.29 mi.
Nearby Fire Stations
NameDistance
Mount Prospect Fire Department0.12 mi.
Mount Prospect Fire Department0.23 mi.
Prospect Heights Fire Protection District2.23 mi.
FAQs
Is this property currently leasing units?
Yes. There are 11 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 10 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 566 to 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,400 to $3,820. Prospect Place Luxury Apartments has 1 bedroom units available starting at $2,400 and 2 bedroom units available starting at $3,075.
Where is this property located?
This property is at 11 W Prospect Ave in Mount Prospect, IL. It's 0.4 miles west from the center of Mount Prospect.