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Prospect Heights, IL

Residential Income

Prospect Heights, IL Residential Income Properties for Sale

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Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Shawano, WI Des Plaines, IL Palatine, IL Glenview, IL Arlington Hts, IL

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.

This listing looks promising.

Here's a quick look at some key insights for

1550 Sandpebble Drive #307, Wheeling, IL 60090,

View Property Analytics

Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$15K
Annual
Price @ 7% Cap

$212K
Suggested

View Property Analytics

Prospect Heights Multifamily Investment Property

Updated: May 29

Prospect Heights Multifamily Investment Property

655 Piper Lane, Prospect Heights, IL 60070

$725,000

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

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.

All-Brick Six-Unit Multifamily Building

All-Brick Six-Unit Multifamily Building

269 7th Street, Wheeling, IL 60090

$1,150,000

All-brick six-unit building with three 2-bedroom and three 1-bedroom units, all currently occupied.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Income-Generating Multifamily with Parking

Income-Generating Multifamily with Parking

300 7th St, Wheeling, IL 60090

Contact for pricing

Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 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.

Commercial Land with Detached Warehouse

Commercial Land with Detached Warehouse

3613 N Old Buffalo Grove Road, Arlington Heights, IL 60004

$999,000

1.85 AC lot

Commercially zoned land with a detached warehouse, two-story residence, and an income-producing cell tower component.

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.

Arlington Heights Condo with Amenities

Arlington Heights Condo with Amenities

2622 N Windsor Drive #101, Arlington Heights, IL 60004

$192,000

Well-maintained 2 bed, 2 bath condo with modern amenities.

Two-Unit Residential Income Property

Two-Unit Residential Income Property

1006 E Callero Cir, Mount Prospect, IL 60056

Contact for pricing

Two units each feature two bedrooms, a full bath, and an eat-in kitchen, with separate laundry and utilities.

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.

Northbrook Land Subdivision Opportunity

Northbrook Land Subdivision Opportunity

3190 Landwehr Road, Northbrook, IL 60062

$1,650,000

1.60 AC lot

Prime 1.6-acre land, potential for subdivision or dream home.

Prime Glenview Lot Opportunity

Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900

0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

Palatine Land Near Train Station

Palatine Land Near Train Station

628 S WILKE Road, Palatine, IL 60074

$465,000

1.00 AC lot

Two buildable lots near train, expressways, airport, and shopping.

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.

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

$530,000

Estimated value

6.46 AC lot

GARDEN APT, COURT APT (5+ UNITS)

1509 Wolf Rd, Prospect Heights, IL 60070

Value Estimation by Request

1.93 AC lot

3935 Albany Ave

APARTMENT HOUSE (UNDER 5 UNITS)

3935 Albany Ave, Prospect Heights, IL 60070

Value Estimation by Request

2,352 sqft 0.07 AC lot

Prospect Heights, IL Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Prospect Heights, IL, showcased through 5 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 $2,470,000.

Sale prices for residential income properties in Prospect Heights, IL start at $215,000, averaging $617,500, and reaching up to $1,150,000 — 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

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	$584.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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