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    Prospect Heights, IL
    Residential Income

    Prospect Heights, IL Residential Income Properties for Sale

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    Mount Prospect, IL Buffalo Grove, IL Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL Rolling Meadows, IL Riverwoods, IL
    Industrial Land with 260-Foot Frontage
    Updated: Jun 2, 2025
    Industrial Land with 260-Foot Frontage

    1033 S Wheeling Road, Wheeling, IL 60090

    $750,000
    0.98 AC lot
    Nearly 1‑acre industrial land with 260 ft of frontage on Wheeling Road
    I‑1 zoning on a 260 x 164 lot
    Small home on site with a full basement and basement in the room list
    2‑car garage plus 1 storage building on the property
    Construction materials listed as block and vinyl siding
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    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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    Updated Duplex in Desirable Location
    Updated Duplex in Desirable Location

    1426 Chippewa Trail, Wheeling, IL 60090

    $380,000
    1,984 sqft

    Spacious, updated 4-bedroom duplex with modern amenities and convenient location.

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    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
    Sandpebble Walk Condo with Balcony
    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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    Based on your search, we've compiled 15 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, plus 4 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
    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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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    1671 MISSION HILLS Road #104, Northbrook, IL 60062

    $515,000

    Gated-community residence with private outdoor space, elevator access, garage parking, and in-unit laundry.

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    Residential Income Property with Balconies
    Residential Income Property with Balconies

    1621 Mission Hills Road #N201, Northbrook, IL 60062

    $650,000

    Updated end-unit residence in a gated community with extensive improvements, private outdoor space, and comprehensive community services.

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    Apartment Building For Sale
    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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    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.

    Prime Glenview Lot Opportunity
    Prime Glenview Lot Opportunity

    3800 Kiess Drive, Glenview, IL 60026

    $299,900
    0.37 AC lot

    Expansive 1/3 acre lot in desirable Glenview neighborhood.

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    Des Plaines Land For Sale
    Des Plaines Land For Sale

    1596 Oxford Road, Des Plaines, IL 60018

    $850,000
    0.69 AC lot

    Land available in Des Plaines, Illinois.

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    Northfield Land For Sale
    Northfield Land For Sale

    118 Dickens Road, Northfield, IL 60093

    $1,390,000
    1.36 AC lot

    1.36 acre commercial land available in Northfield, Illinois.

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    Wooded Lot Near Forest Preserve
    Wooded Lot Near Forest Preserve

    1309 W Dundee Road, Palatine, IL 60074

    $150,000
    0.39 AC lot

    Residential land for building a single-family home.

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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.

    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 Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Prospect Heights, IL, showcased through 4 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 $2,070,000.

    Sale prices for residential investment properties in Prospect Heights, IL start at $215,000, averaging $517,500, and reaching up to $750,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Prospect Heights, IL

    • 60090
    • 60070
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