Prospect Heights IL Commercial Properties For Sale
The median home value in Prospect Heights, IL is $297,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Prospect Heights, IL is $297,000. Approximately 64.56% of Prospect Heights homes are owned, compared to 33.76% rented, while 1.68% are vacant. Prospect Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Prospect Heights real estate agent to arrange a tour today!
Learn More About Prospect Heights Real EstateStatistics & facts
16,021
Population
$297K
Medium Home Value
6,329
# of Households
1.68%
Housing Vacancy
46.66%
Future Job Growth
3.40%
Unemployment Rate
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated {{last updated}}.
Population
Prospect Heights has a population of approximately 16,021 and experiences a population change rate of -6.21%. The population density is 3,766.1 / sq mi.
Household
The median household income for Prospect Heights is $77,763, with 6,329 households and an average household size of 2.52.
Cost of Living
The cost of living index in Prospect Heights is 113.8%.
Home Value
The median value of a home in Prospect Heights is $297,000 with an appreciation rate of 14.5%. 64.6% of housing in the city is owned while 33.8% is rented.
Employment
The unemployment rate in Prospect Heights is 3.40%, and recent job growth is at 1.09%. Future job growth is projected at 46.66%.
Taxes
The sales tax rate in Prospect Heights is 10.00%, while the income tax rate is 4.95%.
Education
School expenditures in Prospect Heights are $21,907, and the school ratio is 14:1.
Weather
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 36.2 inches per year, with 36 inches of snow per year.
Education near Prospect Heights IL
| Metric | City | County |
|---|---|---|
| High School Graduates | 84.96 | 87.97 |
| College Degree - 2 year | 8.5 | 6.73 |
| College Degree - 4 year | 40.33 | 40.75 |
| Graduate Degree | 10.34 | 12.01 |
| Expenditures per Student | $21,907 | $21,907 |
| Students per Teacher | 14.00 | 14.00 |
Elementary Schools near Prospect Heights IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Betsy Ross Elementary School | 02 - 03 | 300 | 15.4 | 60070 |
| Booth Tarkington Elementary School | PK - 05 | 517 | 20.1 | 60090 |
| Dryden Elementary School | KG - 05 | 494 | 14.1 | 60005 |
| Dwight D Eisenhower Elementary School | PK - 01 | 389 | 18.3 | 60070 |
| Edgar A POE Elementary School | PK - 05 | 454 | 18.8 | 60004 |
| Euclid Elementary School | KG - 05 | 468 | 11.1 | 60056 |
| Eugene Field Elementary School | PK - 05 | 625 | 17.3 | 60090 |
| Fairview Elementary School | 02 - 05 | 503 | 15.1 | 60056 |
| Forest View Elementary School | PK - 05 | 485 | 16.2 | 60056 |
| Greenbrier Elementary School | PK - 05 | 377 | 14.4 | 60004 |
| Indian Grove Elementary School | PK - 05 | 460 | 11.2 | 60056 |
| Ivy Hill Elementary School | PK - 05 | 550 | 14.9 | 60004 |
| J W Riley Elementary School | PK - 05 | 360 | 15.5 | 60004 |
| John Jay Elementary School | PK - 05 | 421 | 15 | 60056 |
| Juliette Low Elementary School | PK - 05 | 494 | 13.9 | 60005 |
| Lions Park Elementary School | 02 - 05 | 458 | 15.5 | 60056 |
| Mark Twain Elementary School | PK - 05 | 556 | 17.1 | 60090 |
| Nathaniel Hawthorne Early Childhood School | PK - PK | 183 | 9.7 | 60090 |
| Olive-Mary Stitt School | KG - 05 | 599 | 16.5 | 60004 |
| Patton Elementary School | KG - 05 | 444 | 15.2 | 60004 |
| Robert Frost Elementary School | KG - 05 | 589 | 16.3 | 60056 |
| Robert Frost Elementary School | PK - 05 | 445 | 15.3 | 60056 |
| WALT Whitman Elementary School | PK - 05 | 562 | 15.4 | 60090 |
| Westbrook Early Learning Center | PK - 01 | 565 | 24.8 | 60056 |
| Westgate Elementary School | KG - 05 | 618 | 14.2 | 60005 |
| Windsor Elementary School | PK - 05 | 468 | 13.3 | 60004 |
Middle Schools near Prospect Heights IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Anne Sullivan Elementary School | 04 - 05 | 362 | 17.6 | 60070 |
| Holmes Junior High School | 06 - 08 | 515 | 13.1 | 60056 |
| Jack London Middle School | 06 - 08 | 638 | 11.4 | 60090 |
| Lincoln Middle School | 06 - 08 | 704 | 15.1 | 60056 |
| Macarthur Middle School | 06 - 08 | 508 | 13.7 | 60070 |
| Oliver W Holmes Middle School | 06 - 08 | 762 | 11.6 | 60090 |
| River Trails Middle School | 06 - 08 | 489 | 11.6 | 60056 |
| South Middle School | 06 - 08 | 867 | 12.4 | 60005 |
| Thomas Middle School | 06 - 08 | 914 | 13.6 | 60004 |
High Schools near Prospect Heights IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| John Hersey High School | 09 - 12 | 1946 | 16.7 | 60004 |
| Prospect High School | 09 - 12 | 2168 | 18.1 | 60056 |
| The Academy At Forest View | 09 - 12 | 73 | 6.6 | 60005 |
| Vanguard School | 09 - 12 | 86 | 10.8 | 60005 |
| Wheeling High School | 09 - 12 | 1727 | 15.3 | 60090 |
Ungraded Schools near Prospect Heights IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Newcomer Center | 09 - 11 | 34 | 11.3 | 60005 |
