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    Prospect Heights Multifamily Investment Property

    655 Piper Lane Prospect Heights, IL 60070

    Claim this Listing
    For Sale
    Under Contract
    $725,000

    MULTI_FAMILY - Prospect Heights, IL

    Added:
    May 29, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 14 at 7:06 am

    Property Features for 655 Piper Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    6
    Rooms
    Bedroom 5, Bedroom 2, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 9, Bathroom 5, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
    Standard status
    Active Under Contract
    APN
    03242001200000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    18799

    Building Details

    Year built
    1972
    Floors in Building
    3
    Number of units
    6

    Listing agent Chris Herrera License #475190916

    Listing office Real Broker, LLC 50 S. Main Street, Suite 200, Naperville, IL

    Listing date May 29, 2026

    MLS# 12661696 Listing URL

    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 is a six-unit multifamily investment property. The building has long-term tenants, some of whom have resided there for over 10 years. The property includes 12 parking spots and laundry facilities. It is located in Prospect Heights, Illinois.

    Key Highlights

    • 6‑unit investment property built in 1972
    • Long‑term tenants in place, with multiple tenants reported as staying 10+ years
    • Includes 12 parking spots

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Hair Salon Law Firm Pharmacy Dental Office (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Nail Salon (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with long-term tenants and parking.
    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: 6‑unit investment property built in 1972; Long‑term tenants in place, with multiple tenants reported as staying 10+ years; Includes 12 parking spots
    Contact an agent
    (630) 439-6385
    We can help!
    Contact an agent
    Chris Herrera
    Chris Herrera
    Real Estate License ID: 475190916
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