A major investment just landed in Mount Prospect: The Element, a 509-unit apartment community, was snapped up for $75.25 million. With 95% of units already filled and rents averaging $1,590, this spot is clearly in demand. What’s interesting is how few new apartments are being built nearby—only 600 units in a five-mile radius—so this could shake up the local rental scene. The Element’s upgraded features and amenities, plus its location near top schools and employers, make it a hot topic for anyone thinking about renting or investing in the area. How do you think this will impact our neighborhood vibe? #RealEstate #MountProspect #CommunityTalk