655 Piper Ln Prospect Heights, IL 60070
Forest River NeighborhoodEstimated payment $5,548/month
About This Home
Come see this long standing family owned 6 unit investment property! This long owning building has stable long term tenants that have been here for 10+ years! Comes with 12 parking spots and laundry as well!
Listing Agent
Real Broker, LLC Brokerage Phone: (708) 769-0524 License #475190916 Listed on: 05/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,799
Year Built
- Built in 1972
Lot Details
- Lot Dimensions are 70x85
- Additional Parcels
Interior Spaces
- 3-Story Property
Utilities
- Radiator
- Heating System Uses Gas
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $540
- Fuel Expense $3,200
- Insurance Expense $3,200
- Maintenance Expense $3,000
- Water Sewer Expense $9,000
- Operating Expense $40,140
- Gross Income $71,700
- Net Operating Income $31,559
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,055 | $196,700 | $33,300 | $163,400 |
| 2024 | $2,300 | $165,900 | $33,300 | $132,600 |
| 2023 | $1,885 | $155,400 | $31,400 | $124,000 |
| 2022 | $1,411 | $141,100 | $21,200 | $119,900 |
| 2021 | $1,211 | $121,100 | $21,200 | $99,900 |
| 2020 | $1,127 | $109,300 | $13,800 | $95,500 |
| 2019 | $1,065 | $103,100 | $13,800 | $89,300 |
| 2018 | $960 | $94,200 | $13,800 | $80,400 |
| 2017 | $889 | $89,600 | $13,800 | $75,800 |
| 2016 | $806 | $87,000 | $13,800 | $73,200 |
| 2014 | $1,234 | $75,300 | $13,800 | $61,500 |
| 2013 | -- | $73,300 | $13,800 | $59,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2026 06/06/26 | Pending | -- | -- | -- |
| 05/29/2026 05/29/26 | For Sale | $725,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12661696
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
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Ask me questions while you tour the home.