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    Prospect Heights, IL Apartment Buildings for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL Rolling Meadows, IL
    6-Unit Apartment Building
    Updated: May 29
    6-Unit Apartment Building

    655 Piper Lane, Prospect Heights, IL 60070

    $725,000
    Six‑unit apartment building constructed in 1972
    12 on‑site parking spots
    Laundry facility included
    Tenants reported in place for 10+ years
    655 Piper Lane, Prospect Heights, IL 60070
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    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.
    View details
    See hot listings in Prospect Heights

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 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.

    Move-In Ready Condo Near Train
    Move-In Ready Condo Near Train

    1815 Oakton Street #2A, Park Ridge, IL 60068

    $215,000
    1,005 sqft

    Two-bedroom condo with new appliances, close to Dee Road Train.

    View details
    Park Ridge Multifamily Investment Opportunity
    Park Ridge Multifamily Investment Opportunity

    20 S Dee Road, Park Ridge, IL 60068

    Contact for pricing
    9,668 sqft

    Recently renovated, fully leased 8-unit building near Iroquois Woods.

    View details
    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.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8807 Dee Road, Des Plaines, IL 60016

    $899,900
    0.18 AC lot

    Five units are rented, with month-to-month tenancies and a basement in this 1969-built residential property.

    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

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

    1509 Wolf Rd, Prospect Heights, IL 60070

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

    3935 Albany Ave, Prospect Heights, IL 60070

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

    Prospect Heights, IL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Prospect Heights, IL 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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