Prospect Heights

Community History
In 1935, two young developers, Carlton Smith and Allen Dawson, built their first homes on farmland along Elmhurst Road as the start of a well-planned community to meet the dreams of depression-weary families. The first family moved in during January 1936 and by the end of the year there were six affordable homes in the pleasant rural area to be called Prospect Heights.

The development firm worked with the resilient, caring families to create and maintain a responsible community in which they could raise their children with pride. In 1938, they formed the Prospect Heights Improvement Association (PHIA). It served as a virtual government of the community for 38 years, albeit without legal authority because Prospect Heights was an unincorporated area in Cook County. By 1955, there were almost 600 homes in unincorporated Prospect Heights.

During the 1960s, the boom in development began to cause real problems. Local residents had no control over this growth and the PHIA decided that incorporation was the only solution. Over 50% of the residents voted in favor of incorporation. Thus, January 31, 1976, exactly 40 years after the first family moved in, the City of Prospect Heights was born.

Incorporation & the Future
With incorporation, Prospect Heights continues to grow and assume a new character. In addition to the single-family half-acre homes, the city now proudly includes a multifamily area, as well as increasing numbers of businesses and centers of economic development. As the city continues to evolve and grow, it does so with a commitment to character and to the residents and business who reside within its borders.

Search Prospect Heights Homes for Sale

MLSNI The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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. Copyright (c) 2017 Midwest Real Estate Data LLC. Information deemed reliable but not guaranteed.
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Today's Market Trends for Prospect Heights *

$493,220

-0.07%

$184.0000

0.03%

52

-0.09%

November

October

 

57

63

 

 

-0.1%

0.05%

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* All data pertains to single-family homes