j
Seller's Agent in 2025
john kim
Homes R Us Realty Inc.
(847) 773-1000
1 in this area
8 Total Sales
820 Piper Ln Prospect Heights, IL 60070
Forest River Neighborhood
--
Bed
--
Bath
5,796
Sq Ft
1972
Built
About This Home
As of February 2025This well-maintained 6-unit apartment building, part of a larger apartment association, features 3 two-bedroom and 3 one-bedroom units. With historically low vacancy rates and 3 units currently rented below market, the property offers immediate income and significant value-add potential through targeted rent adjustments and renovations. A first floor washer and dryer provide additional revenue opportunities. Located within walking distance of Palwaukee Plaza, tenants enjoy convenient access to a grocery store and multiple dining options, enhancing the property's overall appeal.
Last Agent to Sell the Property
Homes R Us Realty Inc. License #471004760 Listed on: 12/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,211
Year Built
- Built in 1972
Lot Details
- Lot Dimensions are 125x110
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 5,796 Sq Ft Home
- 3-Story Property
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- Association fees include parking, exterior maintenance, scavenger, snow removal
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $3,600
- Insurance Expense $6,200
- Maintenance Expense $4,750
- Water Sewer Expense $6,800
- Operating Expense $39,361
- Gross Income $87,300
- Net Operating Income $48,939
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $760,000 | -4.9% | $131 / Sq Ft |
| 01/19/2025 01/19/25 | Pending | -- | -- | -- |
| 12/05/2024 12/05/24 | For Sale | $799,000 | +53.7% | $138 / Sq Ft |
| 12/09/2019 12/09/19 | Sold | $520,000 | -0.9% | -- |
| 08/31/2019 08/31/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $524,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2025
Joseph Kim
Homes R Us Realty Inc.
(847) 773-1000
1 in this area
1 Total Sale
-
Buyer's Agent in 2025
Ruben Acevedo
Global Ruben's Team Realty
(847) 836-6300
2 in this area
165 Total Sales
-
J
Seller's Agent in 2019
Jayesh Parekh
ARNI Realty Incorporated
(847) 962-0239
9 in this area
83 Total Sales
-
A
Buyer's Agent in 2019
Adriana Correa
Stellar Pref. The Re Clinic
(312) 576-7392
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12221284
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 860 Winesap Ct Unit 308
- 628 Piper Ln Unit 3A
- 838 Jonathan Ct Unit 305
- 828 E Old Willow Rd Unit 109
- 974 Crabapple Dr Unit 308
- 860 E Old Willow Rd Unit 228
- 984 Crabapple Dr Unit 102
- 880 E Old Willow Rd Unit 280
- 822 E Old Willow Rd Unit 201
- 818 E Old Willow Rd Unit 101
- 840 E Old Willow Rd Unit 116
- 836 E Old Willow Rd Unit 109
- 850 E Old Willow Rd Unit 119
- 802 E Old Willow Rd Unit 116
- 940 E Old Willow Rd Unit 304
- 940 E Old Willow Rd Unit 305
- 942 E Old Willow Rd Unit 101
- 1451 Cove Dr Unit 199D
- 1232 Cove Dr Unit 223B
- 18 E Old Willow Rd Unit 106N