Prospect Heights, IL 60070,820 Piper LN
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Prospect Heights, IL 60070,820 Piper LN
Prospect Heights, IL 60070,820 Piper LN
Prospect Heights, IL 60070,820 Piper LN
Prospect Heights, IL 60070,820 Piper LN

$760,000

Est. payment /mo

$799,000

4.9%
Est.Price: ?

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820 Piper LN Prospect Heights, IL 60070

5,796 SqFt

SOLD DATE : 02/11/2025

Key Details

Sold Price $760,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 5,796 sqft

Price per Sqft $131

MLS Listing ID 12221284

Maintenance Fees $4,750

Year Built 1972

Annual Tax Amount $16,211

Tax Year 2023

Property Sub-Type Multi Family 5+

Property Description

This 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.

Location

State IL

County Cook

Area Prospect Heights

Zoning MULTI

Interior

Cooling Window Unit(s)

Exterior

Utilities Available Sewer Connected

Roof Type Other

Building

Sewer Storm Sewer

Water Municipal Water

Structure Type Brick,Concrete

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Midwest Real Estate Data (MRED) IDX
Listed by John Kim • Homes R Us Realty Inc.
Bought with Ruben Acevedo • Global Ruben's Team Realty
agent

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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