6-Unit Apartment
For Sale
Under Contract
$725,000
655 Piper Lane, Prospect Heights, IL 60070
Commercial Sale, Prospect Heights, IL
Property SizeContact for details
Days on Market93
Property Features for 655 Piper Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 1, Bathroom 5, Bedroom 9, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 3
Directions
South of palatine road, east of wolf road
Subdivision
Prospect Heights
Standard status
Active Under Contract
APN
03242001200000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
18799
Amenities
laundry
Building Details
Year built
1972
Floors in Building
3
Number of units
6
Listing Agency:
Real Broker, LLC
(217) 960-8605
Listed By:
Chris Herrera · License #475190916
(630) 439-6385
Added: May 29
Changed: Aug 20
Last Checked: Aug 29 at 9:06AM
MLS# 12661696
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This six-unit apartment building, constructed in 1972, includes on-site laundry and 12 parking spaces. The property has established occupancy, with tenants reported to have remained in place for more than 10 years.
Located at 655 Piper Lane in Prospect Heights, Illinois, the building is positioned in Cook County and carries a six-unit residential configuration. The asset offers a straightforward apartment-building format with existing tenant history and practical on-site amenities.
Located at 655 Piper Lane in Prospect Heights, Illinois, the building is positioned in Cook County and carries a six-unit residential configuration. The asset offers a straightforward apartment-building format with existing tenant history and practical on-site amenities.
Key Highlights
- Six‑unit apartment building constructed in 1972
- 12 on‑site parking spots
- Laundry facility included
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 60070, IL
15,840
Population
6,353
Households
2.5
Avg Household Size
41
Median Age
36%
College-Educated
84%
High-School Grad
4.0 sq mi
ZIP Area
3,960
Density / Sq Mi
$91,210
Median Household Income
$47,929
Median Earnings
$1,391
Median Rent
$343,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with on-site laundry, resident parking, and established tenancy.
Where is this apartment building located?
The property is located at 655 Piper Lane Prospect Heights, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Six‑unit apartment building constructed in 1972; 12 on‑site parking spots; Laundry facility included
