891 PIPER Lane Prospect Heights, IL ^$ 785,000

891 PIPER Lane

^$ 785,000

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891 PIPER Lane

Prospect Heights, IL, 60070

^$ 785,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 4,897

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Multi-Family Home for sale in Prospect Heights, IL

for $785,000 with 9 bedrooms. This home was built in 1977.

NICE WELL-MAINTAINED, FULLY RENTED FREE-STANDING BRICK BUILDING WITH 12 PARKING SPOTS, NEWER BALCONIES. THREE UNITS HAVE 2 BEDROOMS AND THREE UNITS HAVE 1 BEDROOM. NEWER WASHER AND DRYER FOR EXTRA INCOME. CLOSE TO SHOPPING MALL. TENANT PAYS ELECTRICITY ONLY. ASSOSIATION FEE INCLUDES LANDSCAPING , SNOW REMOVAL AND 12 PARKING SPOT.

Multi-Family Contingent

Price

^$ 785,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,624

Style

Year Built

1977

Town/City

Prospect Heights

County/Region

Cook

MLS | Web ID

12487224

Features

General

Zoning COMMR

Year Built 1977

Tenant Pays Electricity

Stories Count 3

Township Wheeling

Tax Year 2023

Gross Income 79200

County Cook

Net Operating Income 44566

Operating Expense 34635

Insurance Expense 4000

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 2300

Status Contingent

Directions MILWAUKEE SOUTH OF PALATINE TO APPLE WEST TO PLAZA TO PIPER

City Prospect Heights

Number Of Units Total 6

MLS Area Prospect Heights

Tax Annual Amount 17624.07

Electric Expense 428

Fuel Expense 2670

Trash Expense 0

Water Sewer Expense 7152

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 9000

* Excluded Features

List By

Guidance Realty

Broker

mohdrealestate1@gmail.com;mohdrealestate1@gmail.com

Affordability Calculator

$6,366

Per Month

Monthly Principal & Interest: $4,897
Monthly Property Taxes: $1,469
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Prospect Heights, IL

Average List Price ^$785,000

Percent of Sale Price 0%

About Prospect Heights, IL

15,421 Population

-8% Since 2002

^$62,172 Median Income

39.97 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2025	$785,000		Listed Price

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891 PIPER Lane, Prospect Heights, IL, 60070 is a Multi-Family Home for sale at $785,000. 891 PIPER Lane has 9 bedrooms, 0.0 baths, and was built in 1977. The property's zip code is 60070 which is in Prospect Heights, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/15/2025.

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891 PIPER Lane

Multi-Family Home for sale in Prospect Heights, IL

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