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Prospect Heights, Illinois, Real Estate
Prospect Heights is a city in Cook County, Illinois and is a suburb northwest of Chicago. According to the 2010 Census, the population was 16,256.
Prospect Heights currently has 45 single family homes with an average list price of $465,569 and 44 condos/townhomes with an average list price of $188,028. The average annual property tax for Prospect Heights is $5,730.
Current Homes for Sale
Multi-UnitHomes 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Anne Sullivan Elementary School | 23 | Elementary | 3-5 |
| Betsy Ross Elementary School | 23 | Elementary | P-2 |
| Dwight D Eisenhower Elementary School | 23 | Elementary | K-5 |
| Euclid Elementary School | 26 | Elementary | K-5 |
| Indian Grove Elementary School | 26 | Elementary | P-5 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Prospect Heights, i.e. what's hot and what's not.
See What's Hot & What's Not in Prospect HeightsSubdivisions/Buildings
| Subdivisions/Buildings | Median Price | |
|---|---|---|
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Arrowhead Arrowhead is a subdivision of single family homes located in Prospect Heights, Illinois. Arrowhead is west of Schoenbeck and south of Palatine Road. |
$400,000 |
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Bonnie Brook Bonnie Brook is a single family home subdivision built in the 1950s and 1960s. Bonnie Brook is located in Prospect Heights, Illinois north of Camp McDonald Road and east of Wheeling Road. Read more |
$283,000 |
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Cherry Creek Cherry Creek is a single family home subdivision built in the 1980s and 1990s. Cherry Creek is located in Prospect Heights, Illinois south of Hintz Road and west of Schoenbeck Road. Read more |
$547,500 |
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Country Club Acres Country Club Acres is a single family home neighborhood in Propsect Heights, Illinois. |
$325,000 |
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Country Club Villas at Rob Roy Country Club Villas at Rob Roy are townhomes built in the late 1990s. Country Club Villas at Rob Roy are located in Prospect Heights, Illinois north of Euclid Avenue and east of Wheeling Road. Read more |
$264,500 |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Prospect Heights | North Central Service (NCS) | 55 South Wolf Road | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jun 1, 2020 | 111 Garden Ln. | 4 | 2.1 | 2,094 ft2 | 2.5 | 1958 | Country Gardens | $300,000 |
|
Jun 1, 2020 | 233 Country Club Dr. | 3 | 2.1 | 2,192 ft2 | 2 | 1986 | Rob Roy Country Club Village | $398,000 |
|
May 29, 2020 | 16 E. Stonegate Dr. | 4 | 3 | 3,600 ft2 | 2 | 1973 | Country Gardens | $330,000 |
|
May 29, 2020 | 860 E. Old Willow Rd. #232 | 3 | 2 | 1,100 ft2 | 0 | 1972 | Old Willow Falls | $120,000 |
|
May 28, 2020 | 203 S. Gail Ct. | 3 | 2 | 2,388 ft2 | 2 | 1984 | $325,000 | |
|
May 26, 2020 | 1205 Highland Dr. | 3 | 2 | 1,435 ft2 | 1 | 1965 | Country Gardens | $320,000 |
|
May 26, 2020 | 307 N. Schoenbeck Rd. | 3 | 2 | — | 2 | 1950 | Smith and Dawsons | $325,000 |
|
May 22, 2020 | 1180 Cove Dr. #152B | 2 | 1 | 1,100 ft2 | 1 | 1976 | Quincy Park | $135,000 |
|
May 22, 2020 | 1256 Cove Dr. #1 | 2 | 1 | 950 ft2 | 1 | 1970 | Quincy Park | $158,000 |
|
May 15, 2020 | 16 E. Old Willow Rd. #519S | 1 | 1 | 883 ft2 | 0 | 1968 | Lake Run | $101,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Prospect Heights home sales for the month of May decreased in volume by 57.1% when compared to last year, while the median sale price decreased by 3% from $277,450 to $269,000. The number of Single Family homes sales decreased by 61.5%, while the median sale price decreased by 5.8% from $345,000 to $325,000. Condo/townhome sales decreased by 53.3%, while the median sale price decreased by 6.1% from $148,900 to $139,888.
|
210
|
191
|
200
|
213
|
| 2016 | 2017 | 2018 | 2019 |
| # of sales per year | |||
|
$240,000
|
$239,000
|
$258,750
|
$240,000
|
| 2016 | 2017 | 2018 | 2019 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for May in
| May | Year to Date (Jan 1 - June 3) | |||||
|---|---|---|---|---|---|---|
| 2019 | 2020 | % Change | 2019 | 2020 | % Change | |
| Homes Sold | 28 | 12 | -57.1% | 79 | 61 | -22.8% |
| (Single Family) | 13 | 5 | -61.5% | 32 | 22 | -31.3% |
| (Condos/Townhomes) | 15 | 7 | -53.3% | 47 | 39 | -17% |
| Median Sale Price | $277,450 | $269,000 | -3% | $242,500 | $220,000 | -9.3% |
| (Single Family) | $345,000 | $325,000 | -5.8% | $309,000 | $325,000 | +5.2% |
| (Condos/Townhomes) | $148,900 | $139,888 | -6.1% | $148,900 | $149,000 | +0.1% |
| Days on Market | 26 | 32 | +23.1% | 25 | 37 | +48% |
| (Single Family) | 17 | 90 | +429.4% | 19 | 51 | +165.8% |
| (Condos/Townhomes) | 48 | 6 | -87.5% | 27 | 22 | -18.5% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Allison Woods Forest Preserve |
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Claire Lane Park 617 Claire Lane |
Playground Tennis Courts |
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Country Gardens Park 901 North Schoenbeck Road |
Basketball Courts Picnic Area Playground Soccer Fields Tennis Courts Volleyball Courts |
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East Wedgewood Park West Oxford Place and North Wedgewood Lane |
Basketball Courts Playground |
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Gary Morava Recreation Center 110 West Camp McDonald Road |
Basketball Courts Softball Fields Swimming Pool Tennis Courts |
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