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Foreclosure Homes in Prospect Heights, IL

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E-old-willow-rd-apt-202-Prospect-heights-IL-60070
Preforeclosure

E Old Willow Rd Apt 202
Prospect Heights, IL 60070

Lonsdale-rd-Prospect-heights-IL-60070
Preforeclosure
$288,660 EMV

Lonsdale Rd
Prospect Heights, IL 60070

4 Bed | 2 Bath | 1,569 Sq. Ft.

5 W-wildwood-dr-Prospect-heights-IL-60070
Preforeclosure
$401,710 EMV

W Wildwood Dr
Prospect Heights, IL 60070

5 Bed | 3 Bath | 2,746 Sq. Ft.

E-camp-mcdonald-rd-Prospect-heights-IL-60070
Preforeclosure
$284,845 EMV

E Camp Mcdonald Rd
Prospect Heights, IL 60070

3 Bed | 1 Bath | 1,369 Sq. Ft.

E-old-willow-rd-#-184d-Prospect-heights-IL-60070
Preforeclosure
$130,050 EMV

E Old Willow Rd # 184d
Prospect Heights, IL 60070

| 0 Sq. Ft.

Hawthorne-pl-Prospect-heights-IL-60070
Preforeclosure
$251,638 EMV

Hawthorne Pl
Prospect Heights, IL 60070

3 Bed | 1 Bath | 1,384 Sq. Ft.

15 E-old-willow-rd-apt-206-Prospect-heights-IL-60070
Short Sale
$80,000 List Price

E Old Willow Rd Apt 206
Prospect Heights, IL 60070

1 Bed | 1 Bath

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Foreclosure Homes in Prospect Heights, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Prospect Heights, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Prospect Heights, IL and much more. Save thousands at closing with home foreclosure listings in Prospect Heights, IL — up to 75% off market value!


Top Reasons To Live In Prospect Heights, IL In 2021

Prospect Heights is located in Cook, Illinois, with an estimated municipal population of 15,887 residents. All of the best foreclosed homes for sale in Prospect Heights are located in the following zip code areas on Foreclosure.com: 60070. The estimated population per square kilometer (.62 miles) in Prospect Heights is 1,441.


Cost Of Living In Prospect Heights, IL

So, about how much do homes cost in Prospect Heights? The most recent median value of resident-owned homes in Prospect Heights is 284,516. An estimated 67.6 percent of households in Prospect Heights own their homes, with an average family size of 3.32. The median household income in Prospect Heights is 73,084, with34.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Prospect Heights, the median commute time of resident workers (in minutes) is 25.3. And last, but certainly not least, are you looking for homes to rent in Prospect Heights? If so, the average rent price paid by renters in Prospect Heights is 1,099, according to recent statistics.


Diversity And Demographics In Prospect Heights, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Prospect Heights, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Prospect Heights is 38.2, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Prospect Heights is 55.3, with an average family size of 3.32.

The percentage of residents who report their race in Prospect Heights is as follows:

White 65.8%
Black / African American 2.2%
Asian 8.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 22.4%

Looking for family-friendly neighborhoods in and/or near Prospect Heights? Or maybe you are searching for 55+ active adult communities in and/or near Prospect Heights?

The percentage of residents who report their age in Prospect Heights is as follows:

Under 10 14.3%
Aged 10-19 14.6%
20s 8.9%
30s 15%
40s 12.6%
50s 12.4%
60s 11.7%
70s 6.1%
80+ 4.3%

Best Schools In Prospect Heights, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Prospect Heights with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Prospect Heights.


Pros And Cons Of Living In Prospect Heights, Illinois

How do you know that living in -- or moving to -- Prospect Heights is right where you need to be? Perhaps you grew up in Prospect Heights or already live nearby; therefore, the decision to buy a home in Prospect Heights is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Prospect Heights for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Prospect Heights:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Prospect Heights.


Reasons To Move To Prospect Heights, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Prospect Heights can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Prospect Heights, meanwhile, can field multiple offers from more qualified buyers.

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