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$815,000
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Property Description
Nice Well-Maintained, Fully Rented Free-Standing Brick Building With 12 Parking Spots, Newer Balconies. Three Units Have 2 Bedrooms and Three Units Have 1 Bedroom. Newer Washer and Dryer For Extra Income. Close To Shopping Mall. Tenant Pays Electricity Only. Assosiation Fee Includes Landscaping , Snow Removal and 12 Parking Spot.
Full Property Details
Full Property Details for 891 Piper Ln
General
- Sold For: $815,000
- Taxes: $17,624 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12487224
- Added to Site: 83 day(s) ago
Location
- Area: Prospect Heights
- County: Cook
- Driving Directions: MILWAUKEE SOUTH OF PALATINE TO APPLE WEST TO PLAZA TO PIPER
Heating & Cooling
- Heating Type: Gas
Structural Information
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Dimensions: 9000
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $34,635
- Assessment Year: 1977
- Tax Amount: $17,624.07
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 3242000970000
Listed by Guidance Realty
Sold by Komar
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Schools
Schools serving 891 Piper Ln
School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Robert Frost Elementary School, Mount Prospect, IL 1805 Aspen Drive, Mount Prospect, IL 60056 | K-5 | 0.6 mi |
Oliver W Holmes Middle School 221 South Wolf Road, Wheeling, IL 60090 | 6-8 | 2.2 mi |
Wheeling High School 900 South Elmhurst Road, Wheeling, IL 60090 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 891 Piper Ln
Date
Details
Price
Change
Source
1/30/2026
Sold
$815,000
3.82%
MLS
11/13/2025
Listed
$785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
891 Piper Lane, Prospect Heights, IL 60070 (MLS# 12487224) is a Commercial property that was sold at $815,000 on January 30, 2026. Want to learn more about 891 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.

