The Element offers spacious one-, two-, and three-bedroom apartment homes in a prime Mount Prospect location near major employers, retail, and everyday conveniences. Each home features generous floor plans with classic layouts, townhome-style options, and plenty of room to relax and unwind. Residents can enjoy a full collection of community amenities, including a fitness center, swimming pool, yoga studio, business center, game room, and on-site laundry facilities. With quick access to I-90, I-290, O'Hare International Airport, the Mount Prospect Metra Station, and the Elk Grove Village Business Park, The Element connects you to some of the strongest employment hubs in the northwest suburbs. Discover comfortable living in a highly accessible location. Contact our leasing team today for availability and to schedule your tour!
Apartment for rent
$2,475/mo
Fees may apply
1550 Dempster St #R-r1503, Mount Prospect, IL 60056
3beds
1,800sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Fri May 8 2026
Cats, dogs OK
Central air, wall unit
Shared laundry
What's special
Townhome-style options
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Zillow last checked: 11 hours ago
Listing updated: March 23, 2026 at 02:25pm
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Cooling
- Central Air, Wall Unit
Appliances
- Included: Dishwasher, Microwave, Range Oven, Refrigerator, WD Hookup
- Laundry: Shared
Features
- Elevator, Storage, WD Hookup, Walk-In Closet(s)
- Flooring: Laminate, Linoleum/Vinyl, Tile
- Windows: Window Coverings
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Details: Contact manager
Features
- Stories: 3
- Exterior features: 24-Hour Emergency Maintenance, Business Center, Dining Area, Flooring: Laminate, Game Room, Laminate Countertops, Modern Fixtures, Oak Cabinets, On-Site Maintenance, On-Site Management, Online Maintenance Requests, Online Rent Payment, Pet Park, Pet-Friendly, Resident Events, Storage Units/Lockers Available, Surface Lot Parking, TV Lounge, Tub/Shower Combination, Walking Paths or Trails Nearby, White Cabinets, Yoga Studio
- Pool features: Pool
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1968
Building
Details
- Building name: The Element
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Pool
HOA
- Amenities included: Fitness Center, Pool
Location
- Region: Mount Prospect
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for rent | $2,475+31%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/21/2021 | Listing removed | -- |
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| 12/20/2021 | Price change | $1,890-0.1%$1/sqft |
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| 12/18/2021 | Listed for rent | $1,891-0.8%$1/sqft |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 12/8/2021 | Listing removed | -- |
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Neighborhood: 60056
Nearby schools
GreatSchools rating
- 3/10Robert Frost Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Friendship Jr High SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Prospect High SchoolGrades: 9-12Distance: 2.9 mi
There are 35 available units in this apartment building