Prospect Heights, IL Multifamily properties for sale

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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Updated: Aug 26, 2025

Updated Duplex in Desirable Location

1426 Chippewa Trail, Wheeling, IL 60090

$380,000

1,984 sqft

Extensive recent updates including a new roof, siding, Pella windows, patio door, furnace, and kitchen refresh.
Spacious 4‑bedroom, 2‑bath duplex with over 1,800 sq ft of living space.
Updated kitchen features custom cabinetry, modern countertops, and stainless steel appliances.
Desirable Malibu subdivision with an incredibly low HOA fee of $8 per month.
Large, updated backyard and attached two‑car garage.

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Sandpebble Walk Condo with Balcony

1550 Sandpebble Drive #307, Wheeling, IL 60090

$215,000

1,280 sqft

Spacious 2-bedroom condo with balcony and community amenities.

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See hot listings in Prospect Heights

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Building Near Transit

Mount Prospect, IL 60056

Contact for pricing

13,155 sqft

Mixed-use property with residential units and commercial space across from a Metra station.

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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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Apartment Building For Sale

237 E Prospect Avenue, Mount Prospect, IL 60056

$1,699,000

For-sale apartment building at 237 E Prospect Avenue in Mount Prospect, Cook County, Illinois.

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Mixed-Use Building with Retail

1430-1440 Miner St, Des Plaines, IL 60016

$1,625,000

Four apartments and four storefronts combine residential and commercial occupancy in a transit-oriented downtown setting.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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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.

GARDEN APT, COURT APT (5+ UNITS)

1509 Wolf Rd, Prospect Heights, IL 60070

Estimated value:

$530,000

6.46 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1509 Wolf Rd, Prospect Heights, IL 60070

Estimated value:

$425,000

1.93 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3935 Albany Ave, Prospect Heights, IL 60070

Estimated value:

$320,000

2,352 sqft 0.07 AC lot

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Prospect Heights, IL Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Prospect Heights, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,264 square feet of properties for sale, with an estimated market value of $1,320,000.

Sale prices for multifamily properties in Prospect Heights, IL start at $215,000, averaging $440,000, 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.

Neighborhood	Average Price
60070	$725K

Neighborhood

Average Price

60070

$725K