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$725,000 Just Listed
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Property Description
Come see this long standing family owned 6 unit investment property! This long owning building has stable long term tenants that have been here for 10+ years! Comes with 12 parking spots and laundry as well!
Full Property Details
Full Property Details for 655 Piper Ln
General
- Price: $725,000
- HOA FEE: $3,000
- Taxes: $18,799 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12661696
- Updated: 6/4/2026
- Added to Site: 6 day(s) ago
Location
- Area: Prospect Heights
- County: Cook
- Township: Wheeling
- Driving Directions: South of palatine road, east of wolf road
Heating & Cooling
- Heating Type: Gas, Radiators
Structural Information
- Stories/Levels: 3
- Year Built: 1972
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 70 x 85
Financial Considerations
- Maint. Fee: $3,000
- Insurance Fee: $3,200
- Operating Expenses: $40,140
- Assessment Year: 1972
- Tax Amount: $18,799
- Tax Year: 2024
- Pays Electric: 540
Disclosures and Reports
- Property ID: 3242001200000
Listed by Real Broker, LLC
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Schools
Schools serving 655 Piper Ln
School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Walt Whitman Elementary School 133 Wille Avenue, Wheeling, IL 60090 | PK-5 | 2.2 mi |
Oliver W Holmes Middle School 221 South Wolf Road, Wheeling, IL 60090 | 6-8 | 2.1 mi |
Wheeling High School 900 South Elmhurst Road, Wheeling, IL 60090 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 655 Piper Ln
Date
Details
Price
Change
Source
5/29/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 655 Piper Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,624
—
$66,000
29%
2023
$17,624
7%
$51,000
—
2022
$16,545
32%
$51,000
54%
2021
$12,506
3%
$33,145
—
2020
$12,119
-5%
$33,145
-14%
2019
$12,822
9%
$38,363
21%
2018
$11,763
2%
$31,579
—
2017
$11,550
3%
$31,579
—
2016
$11,206
18%
$31,579
28%
2015
$9,477
2%
$24,648
—
2014
$9,252
7%
$24,648
—
2013
$8,638
-11%
$24,648
-18%
2012
$9,688
—
$29,997
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 655 Piper Ln
655 Piper Lane, Prospect Heights, IL 60070 (MLS# 12661696) is a Commercial property. 655 Piper Lane is currently listed for $725,000 and was received on May 29, 2026. Want to learn more about 655 Piper Lane? Do you have questions about finding other Commercial real estate for sale in Prospect Heights? You can browse all Prospect Heights real estate or contact a Coldwell Banker agent to request more information.

