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    Prospect Heights, IL Apartment Buildings for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Shawano, WI Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL
    Sandpebble Walk Condo with Balcony
    Updated: Aug 26, 2025
    Sandpebble Walk Condo with Balcony

    1550 Sandpebble Drive #307, Wheeling, IL 60090

    $215,000
    1,280 sqft
    Enjoy community amenities including tennis courts, outdoor pool, clubhouse, playground, party room, and scenic bike/walking trails.
    Convenient location: close to grocery stores, shopping, dining, and easy access to I‑294 and I‑290.
    Spacious 2‑bedroom, 2‑bathroom unit with a private balcony.
    Eat‑in kitchen features stainless steel appliances and a pantry.
    Well‑maintained elevator building with laundry room, bike room, and additional storage.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1550 Sandpebble Drive #307, Wheeling, IL 60090,

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $212K
      Suggested
    View Property Analytics
    6-Unit Apartment Building with Laundry
    Updated: May 29
    6-Unit Apartment Building with Laundry

    655 Piper Lane, Prospect Heights, IL 60070

    $725,000
    6‑unit apartment building
    Laundry on site
    12 parking spots
    Built in 1972
    Stable long‑term tenants in place for 10+ years
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    Six-Unit Residential Income Building
    Six-Unit Residential Income Building

    612 N Piper Ln, Prospect Heights, IL 60070

    Contact for pricing

    Well-maintained six-unit building is fully rented with recently remodeled bathrooms and a roof and gutters under one year old.

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    All-Brick Six-Unit Multifamily Building
    All-Brick Six-Unit Multifamily Building

    269 7th Street, Wheeling, IL 60090

    Contact for pricing

    All-brick six-unit building with three 2-bedroom and three 1-bedroom units, all currently occupied.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 Active listings in Prospect Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spacious 2BR Condo with Patio
    Spacious 2BR Condo with Patio

    920 Beau Drive #110, Des Plaines, IL 60016

    $192,500
    1,000 sqft

    First-floor unit with patio, new carpets, and in-unit laundry.

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    Glenview Two-Bedroom Condo for Sale
    Glenview Two-Bedroom Condo for Sale

    625 Quincy Bridge Lane #301, Glenview, IL 60025

    $195,000

    Two-bedroom condo in Glenview with investment potential and convenient location.

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    Updated 6-Unit Apartment Building
    Updated 6-Unit Apartment Building

    10479 N Dearlove Rd, Glenview, IL 60025

    Contact for pricing

    Six 2-bed, 1-bath units with multiple recent remodels, new windows and balcony doors, and updated interior finishes.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    560-570 Princeton St, Des Plaines, IL 60016

    Contact for pricing
    20,000 sqft

    Well-maintained 22-unit multifamily property with a rear parking lot and a mix of 1- and 2-bedroom apartments.

    View details

    Off-Market Properties in Prospect Heights, IL

    Consider similar Off-Market properties in Prospect Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1509 Wolf Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1509 Wolf Rd, Prospect Heights, IL 60070

    $530,000
    Estimated value
    6.46 AC lot
    View details
    1509 Wolf Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1509 Wolf Rd, Prospect Heights, IL 60070

    $425,000
    Estimated value
    1.93 AC lot
    View details
    3935 Albany Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    3935 Albany Ave, Prospect Heights, IL 60070

    $320,000
    Estimated value
    2,352 sqft 0.07 AC lot
    View details

    Prospect Heights, IL Apartment Buildings Market Trends and Statistics

    Explore 7 apartment buildings for sale in Prospect Heights, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,280 square feet of properties for sale, with an estimated market value of $940,000.

    Sale prices for two-family homes in Prospect Heights, IL start at $215,000, averaging $470,000, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 16K
    Population Growth (5Y) -3.1%
    Median Household Income $91,210
    College Educated 48.4%

    High-Yield Neighborhoods for Investment

    Identify Prospect Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60070 $725K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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