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 2,950 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 S Farrell St Chicago IL 60608

Preforeclosure NEW

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$206,041 EMV

S Farrell St
Chicago, IL 60608

$539,672 EMV

S Morgan St
Chicago, IL 60621

$189,805 EMV

S Throop St
Chicago, IL 60636

$88,000 EMV

S Colfax Ave
Chicago, IL 60617

W Washington Blvd
Chicago, IL 60644

$458,372 EMV

N Courtland Dr
Niles, IL 60714

$434,757 EMV

N Milwaukee Ave
Chicago, IL 60642

$165,000 EMV

Rand Rd
Des Plaines, IL 60016

$282,706 EMV

S Kedzie Ave
Chicago, IL 60632

W Christie Ave
Lyons, IL 60534

$234,056 EMV

S Emerald Ave
Chicago, IL 60621

S Hale Ave
Chicago, IL 60643

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View this home at S Clyde Ave Chicago IL 60617

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$152,000 EMV

S Clyde Ave
Chicago, IL 60617

$35,455 EMV

S Rockwell St
Chicago, IL 60629

$404,306 EMV

S Normal Blvd
Chicago, IL 60621

$391,639 EMV

S May St
Chicago, IL 60620

$368,359 EMV

W Flournoy St
Chicago, IL 60612

S 57th Ct
Cicero, IL 60804

$229,245 EMV

W Jackson Blvd
Chicago, IL 60644

N Keeler Ave
Chicago, IL 60639

$403,823 EMV

Oakwood Ave
Des Plaines, IL 60016

S Carpenter St
Chicago, IL 60609

$191,000 EMV

W Maypole Ave
Chicago, IL 60624

$198,305 EMV

S Racine Ave
Chicago, IL 60636

$270,001 EMV

W Washington Blvd
Chicago, IL 60644

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Zip codes

Prospect Heights, IL Foreclosures

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

The average home price is currently $392,553.

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

There are currently 2,950 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 $13,456,125.

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

The cheapest home for sale in Prospect Heights is priced at $13,215.

Living in Prospect Heights, IL

Prospect Heights, IL is a suburban oasis just outside Chicago, known for its safe neighborhoods, highly-rated schools, and abundant parks. The area offers a perfect balance of quiet living with urban conveniences. Ideal for families and commuters, it features easy access to transportation, shopping, and outdoor activities.

Current Market Conditions in Prospect Heights, IL

The real estate market in Prospect Heights has shown steady growth over the past year, with home prices appreciating due to the desirable location and community amenities. Inventory remains relatively low, leading to competitive offers on well-priced homes. Buyers are particularly drawn to the area's family-friendly environment, leading to quicker sales than in previous years.

Prospect Heights has experienced a recent uptick in interest from first-time homebuyers, encouraged by historically low mortgage rates and the attractiveness of the suburban lifestyle. This trend signals a healthy and growing market, as more people seek to leave urban environments for the relatively spacious homes available in this area.

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 $346,511.00. 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 $392,553.00, with the most expensive house in Prospect Heights, IL, topping out at $13,456,125.00 and the cheapest home in Prospect Heights, IL, clocking in at $13,215.00. 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.