Your complete guide to business transactions in an established northwest suburb. Vibrant downtown, diverse community, and excellent O'Hare proximity.
Mount Prospect is a well-established northwest suburb known for its vibrant downtown district, diverse population, and strong community events. The village offers a balanced mix of residential charm and commercial opportunity, with excellent access to O'Hare Airport and major highways.
The downtown area features a walkable district with local shops, restaurants, and services, while Rand Road and other commercial corridors provide additional retail and service opportunities. Mount Prospect's diverse population supports a wide variety of ethnic restaurants and specialty businesses.
| Metric | Value |
|---|---|
| Population | 54,771 |
| Total Businesses | 2,500+ |
| Average Business Sale Price | $285,000 |
| Median Time to Sell | 9 months |
| Top Industries | Restaurants, Retail, Professional Services, Healthcare, Personal Services |
| Region | Chicagoland (Northwest Suburbs) |
Get expert guidance for your Mount Prospect business transaction.