655 Piper Lane Prospect Heights, IL ^$ 725,000

655 Piper Lane

^$ 725,000

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Recently Listed

655 Piper Lane

Prospect Heights, IL, 60070

^$ 725,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 4,464

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Multi-Family Home for sale in Prospect Heights, IL

for $725,000 with 9 bedrooms. This home was built in 1972.

Come see this long standing family owned 6 unit investment property! This long owning building has stable long term tenants that have been here for 10+ years! Comes with 12 parking spots and laundry as well!

Multi-Family Active

Price

^$ 725,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 18,799

Style

Year Built

1972

Town/City

Prospect Heights

County/Region

Cook

MLS | Web ID

12661696

Features

General

Year Built 1972

Stories Count 3

Township Wheeling

Tax Year 2024

Gross Income 71700

Additional Parcels Description 03242000880000

County Cook

Net Operating Income 31559

Operating Expense 40140

Insurance Expense 3200

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 3000

Status New

Directions South of palatine road east of wolf road

City Prospect Heights

Number Of Units Total 6

MLS Area Prospect Heights

Tax Annual Amount 18799

Electric Expense 540

Fuel Expense 3200

Trash Expense 0

Water Sewer Expense 9000

Additional Parcels Y/N Y

Standard Status Active

Exterior

Lot Dimensions 70x85

* Excluded Features

List By

Real Broker, Llc

Broker

chris@chrrealty.co

Affordability Calculator

$6,031

Per Month

Monthly Principal & Interest: $4,464
Monthly Property Taxes: $1,567
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$662,495

Percent of Sale Price 9%

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
5/29/2026	$725,000		Listed Price

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655 Piper Lane, Prospect Heights, IL, 60070 is a Multi-Family Home for sale at $725,000. 655 Piper Lane has 9 bedrooms, 0.0 baths, and was built in 1972. 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 6.25% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/2/2026.

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655 Piper Lane

Multi-Family Home for sale in Prospect Heights, IL

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