The City of Prospect Heights represents diverse economic development opportunities. Combining such assets as beautiful neighborhoods, natural areas and a country atmosphere, convenient access to the Tollway and other regional arterials, business corridors on Rand Road, Milwaukee Avenue and Elmhurst and Wolf Roads, and Chicagoland Executive Airport, the City is an outstanding community to live, work, play and shop. Additionally, the City offers the following economic development services:
- One-stop shopping business development information
- Coordination of special redevelopment programs
- Management of tax increment financing (TIF) districts and other development projects
- Assistance with Cook County Economic Development Property Tax Relief Programs
Route 12 Rand Road Corridor
Milwaukee Avenue Tourism DistrictThe Milwaukee Avenue Tourism District features Hilton Chicago/Northbrook Hotel, Crown Plaza Hotel, and a soon to open newly remodeled Ramada. Area restaurants include Allgauer’s on the Waterfront, the Willows and the Scoreboard at Crown Plaza, Rocky Vander’s, Players Pub, the Dog Walk and Monica’s Restaurant. The Milwaukee Avenue corridor and area neighborhoods are also served by Palwaukee plaza.
Elmhurst Road and Camp McDonald Road