Residential

Prospect Heights, IL Residential Land & Home Lots 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
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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Residential Land Approved For Townhomes
Updated: Mar 25
Residential Land Approved For Townhomes

1001 Oak Avenue, Prospect Heights, IL 60070

$1,800,000
5 sqft 5.00 AC lot
Approved for 69 townhome units.
Estimated TIF to reimburse developer up to $6,852,000 from property taxes.
Average unit size of 1,850 SF.
34‑3 bedroom units.
35‑2 bedroom units.
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Residential Building Lot in Subdivision
Residential Building Lot in Subdivision

1140 Honeysuckle Drive, Wheeling, IL 60090

$229,000
0.16 AC lot

Residential lot in Ridgefield subdivision with preliminary village approval and access to nearby John Muir Park recreation.

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Development Lot
Development Lot

802 Andover Court, Prospect Heights, IL 60070

$239,000
0.75 AC lot

Spacious 3/4-acre lot in Prospect Heights, offered for future development; drive by anytime and review available survey and plans.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Prospect Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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.

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Residential Development Land Lot
Residential Development Land Lot

462 S Warren Ave, Palatine, IL 60074

$295,000

For sale residential land/home lot offering a buildable site for a future home.

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Vacant Residential Lot Opportunity
Vacant Residential Lot Opportunity

221 North Graylynn Drive, Mount Prospect, IL 60056

$165,000

Vacant lot in an established Mount Prospect neighborhood, conveniently near schools, parks, and Metra access.

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Residential Building Lot Opportunity
Residential Building Lot Opportunity

108 North Meadow Lane, Mount Prospect, IL 60056

$179,900

Generous residential lot in a neighborhood of established homes, suited for building a custom residence.

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Prospect Heights, IL Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Prospect Heights, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 300,128 square feet of properties for sale, with an estimated market value of $3,018,000.

Sale prices for home sites in Prospect Heights, IL start at $229,000, averaging $754,500, and reaching up to $1,800,000 — 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

Residential land & home lots 2

Demographics Overview

Population 16K
Population Growth (5Y) -3.1%
Median Household Income $91,210
College Educated 48.4%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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