691 Piper Lane

Prospect Heights, Illinois 60070

David Jaffe

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Square Footage

Property Type
Multiple Family
Prospect Heights

Wonderful opportunity for investor who wants an all brick 6 unit apartment building fully rented with long term tenants. Three 2-bedrooms and three 1-bedrooms, tenants pay for electricity.12 assigned parking spots are located in parking lot. Low HOA covers landscaping, scavenger and snow removal. Building has one washer and dryer for tenants use and brings in additional income. Gas and water is paid for by owner runs approximately 500-600 a month. Roof, boiler,water heater, washer & dryer new in past 5 years, . Every home has a balcony or a patio with a stove and refrigerator. Hallways are carpeted. Location offers close proximity to shopping, schools and Milwaukee Ave.

Full Features
Exterior Type: Brick
Basement: Slab
Pool: No
Square Feet: 5,796
Tax Amount: $11,461
Built: 1973
Parking Spaces: 12
Cooling System: Wall Sleeve
Stories: 3
Current Use: Residential-Multi-Family
Potential Use: Condominium, Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 5,796
Current Net Income: $54,240
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3: 4 room(s) / 2 bed(s) / 1 bath(s)
Unit 4: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 5: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 6: 3 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $11,461

Listing Office: Coldwell Banker Residential

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Prospect Heights

If Mount Prospect and Arlington Heights had a baby, it would be named Prospect Heights. The Cook County city located 21 miles northwest of the Loop was born out of necessity. Booming development and fear of annexation pushed the community…

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Nearby Public Transportation

North Central Service

at Prospect Heights Metra (1.17 miles away)

691 Piper Lane Prospect Heights, Illinois 60070 is a multiple family property, which sold for $390,000. Want to learn more about 691 Piper Lane Prospect Heights, Illinois 60070? Contact an @properties agent to request more info.

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