652 Piper Lane

Prospect Heights, IL 60070

$895,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great 6 Unit Building in Prospect Hts. 3units - 2 bdrs and 3 units with 1 bdrs. New roof from 2022. All units in good shape, long time tenants,9 parking space plus extra for visitor. Laundry in the building. It is Association which they care about snow removal, cutting grass and removal garbage. Perfect location, close to Hwy, Milwaukee Ave and Palatine Rd . Great investment property in hot Prospect Hts area.Great 6 Unit Building in Prospect Hts. 3units - 2 bdrs and 3 units with 1 bdrs. New roof from 2022. All units in good shape, long time tenants,9 parking space plus extra for visitor. Laundry in the building. It is Association which they care about snow removal, cutting grass and removal garbage. Perfect location, close to Hwy, Milwaukee Ave and Palatine Rd . Great investment property in hot Prospect Hts area.
  1. Listed by Vibha Dani • Home 4 U Realty, Inc.

Property Details for 652 Piper Lane

Area
Prospect Heights
Township
Wheeling
Zoning
MULTI
LISTING UPDATED: 12/09/2024 08:52 PM

Property Details for 652 Piper Lane

StatusPrice Change
MLS #12220637
Days on Market10
Taxes$12,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1973
Lot Size0.25 AC / 10,890 SF
CountyCook County

Building Information for 652 Piper Lane

Stories3Residences6Year Built1973Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 652 Piper Lane

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Heat/Ventilation: Hot Water
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: Yes
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Other
  • Lot Dimensions: 0.25
  • Stories: 3
  • Exterior Building Type: Brick
  • # Of Ranges: 6
Property and Assessments
  • Buyer Financing: Conventional, Cash, Other
  • Public Document Count: 0
  • Photos Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $480.00
  • Fuel Expense: $3,800.00
  • Gross Income: $78,000.00
  • Gross Scheduled Income: $78,000.00
  • Insurance Expense: $1,200.00
  • Maintenance Expense: $680.00
  • Manager Expense: $500.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Fuel Expense Source: Owner Projection
  • Janitor Expense: 300
  • Manager Expense Source: OP
  • Total Monthly Income: 6500
  • Net Operating Income: $52,586.00
  • Operating Expense: $25,414.00
  • Other Expense: $.00
  • Trash Expense: $200.00
  • Water Sewer Expense: $5,300.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 652 Piper Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 652 Piper Lane

Taxable ValueLand$5,350Additions$42,649Total$47,999
Tax Record2022$15,572 ($1,298 / month)
Home Facts
Baths6Total Finished SqFt5,796 SqFtAbove Grade Finished SqFt5,796 SqFtStories3Lot Size13,377 SqFtStyleMulti-Family Res (5+ Units)Year Built1973CountyCOOKAPN03-24-200-012

Schools near 652 Piper Lane

This home is within Wheeling Central Consolidated School District 21.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Walt Whitman Elementary School
PublicPK to 5

Oliver W Holmes Middle School
Public6 to 8

Wheeling High School
Public9 to 12

The Academy at Forest View
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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652 Piper Lane is a multi-family home for sale in Prospect Heights, IL 60070. This property was listed for sale on December 3, 2024 by Home 4 U Realty, Inc., it's currently listed at $895,000. It has been on the market for a total of 10 days and was last sold on September 22, 2004. This listing's school districts are Wheeling Central Consolidated School District 21, Township Hsd 214 School District. Nearby schools include Walt Whitman Elementary School, Oliver W Holmes Middle School and Wheeling High School. 652 Piper Lane is a 9-bed, 6-bath, multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home 4 U Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/09/2024 08:52 PM. 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.