Multi-family Foreclosures in Prospect Heights, IL

Multi Family Homes are well known to create excellent opportunities for real estate investors. Throughout Prospect Heights, IL, there are more than 2,806 multi-family listings. Of these listings many present excellent opportunities to make a great deal. Whether you plan the purchase as an end user or for investment, foreclosure.com can be an indispensable resource. And if you do not see the kind of property or location you are looking for today, you can subscribe to our email alerts that will keep you up to date on new listings. Don't overpay for your next home in Prospect Heights, IL.

Multi Family Homes are well known to create excellent opportunities for real estate investors. Throughout Prospect Heights, IL, there are more than Read more...

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View this home at Madison St Maywood IL 60153

Foreclosure

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Madison St
Maywood, IL 60153

$135,320 EMV

S Vernon Ave
Chicago, IL 60637

$267,862 EMV

S Eberhart Ave
Chicago, IL 60637

$28,432 EMV

S Eggleston Ave
Chicago, IL 60628

$341,848 EMV

Lombard Ave
Berwyn, IL 60402

$167,000 EMV

S Rhodes Ave
Chicago, IL 60619

$238,000 EMV

S Bishop St
Chicago, IL 60620

N Luna Ave
Chicago, IL 60641

W Chicago Ave
Chicago, IL 60651

S Morgan St
Chicago, IL 60621

N Drake Ave
Chicago, IL 60618

S Trumbull Ave
Chicago, IL 60623

Multi-Family

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View this home at W 64th Pl Chicago IL 60638

Preforeclosure NEW

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W 64th Pl
Chicago, IL 60638

N Tripp Ave
Chicago, IL 60641

$170,907 EMV

S May St
Chicago, IL 60608

$360,119 EMV

N Sawyer Ave
Chicago, IL 60625

W Van Buren St
Chicago, IL 60644

S Albany Ave
Chicago, IL 60623

$264,410 EMV

S Peoria St
Chicago, IL 60620

$268,628 EMV

S Chappel Ave
Chicago, IL 60649

N Massasoit Ave
Chicago, IL 60651

$59,580 EMV

W 114th Pl
Chicago, IL 60628

N Leclaire Ave
Chicago, IL 60651

$140,000 EMV

S Paulina St
Chicago, IL 60636

$140,000 EMV

Loomis Ave
Harvey, IL 60426

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Prospect Heights, IL Foreclosures

How much do homes sell for in Prospect Heights, IL?

The average home price is currently $392,518.

In Prospect Heights, IL, how many homes are available?

There are currently 2,806 active home listings available in Prospect Heights.

What’s the average rental cost in Prospect Heights, IL?

The average rental price in Prospect Heights is $1,818.

What is the most expensive home in Prospect Heights?

The most expensive home sold in Prospect Heights had a price of $13,495,012.

What is currently the cheapest priced home in Prospect Heights, IL?

The cheapest home for sale in Prospect Heights is priced at $13,142.

Living in Prospect Heights, IL

Prospect Heights, IL, is a charming suburban community that combines the best of small-town living with easy access to urban amenities. The area features lush parks, diverse shopping options, and is highly regarded for its schools. This family-oriented neighborhood offers a tranquil lifestyle with convenient transportation links.

Current Market Conditions in Prospect Heights, IL

As of late 2023, the real estate market in Prospect Heights shows a moderate level of activity, with a balanced mix of buyers and sellers. Homes in the area typically list at reasonable prices, attracting families and individuals seeking quality living spaces near larger metropolitan areas. The market has seen gradual home price increases, signaling steady appreciation and interest among prospective homeowners.

The demand for real estate in Prospect Heights remains strong, with an increase in new listings and some competitive bidding situations observed, particularly for well-maintained homes close to amenities and schools. Homes tend to sell quickly, which is a good sign for investors looking to enter the market.

Home Value Estimator For Prospect Heights, IL

There are currently 5,605 real estate properties in Prospect Heights, IL, with a median automated valuation model (AVM) price of $350,860.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prospect Heights, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Prospect Heights, IL, is $392,518.00, with the most expensive house in Prospect Heights, IL, topping out at $13,495,012.00 and the cheapest home in Prospect Heights, IL, clocking in at $13,142.00. In other words, there’s something for every potential homebuyer or savvy investor in Prospect Heights, IL!

Rent Prices In Prospect Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect Heights, IL, is on a rollercoaster ride. The average rent price in Prospect Heights, IL, is $1,818.00. Indeed, when looking to rent in Prospect Heights, IL, you can expect to pay as little as $910.00 or as much as $3,840.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Prospect Heights, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.