308 Washington Avenue, Highwood, Illinois 60040
$775,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1930 |
| Property Taxes: | $13,826 |
| Days On Market: | 107 |
| Lot Size: | 0,41 |
Description
Fully rehabbed brick 3-flat on an oversized double lot in the heart of Highwood-an exceptional, turn-key investment opportunity with strong, stable income already in place. This property features two expansive 3-bedroom, 1-bath units (Unit 1 rented at $2,950 and Unit 2 at $2,755) plus a 1-bedroom, 1-bath unit (Unit 3 rented at $1,450), all leased through March 2027 for immediate cash flow and peace of mind. Each unit has been completely updated with new flooring, modern kitchens, baths, and light fixtures, offering attractive, low-maintenance living for tenants. The massive lot-one of the largest multi-unit parcels in Highwood-includes a double-deep 4-car garage and an oversized yard, adding even more rental appeal. Ideally located near downtown Highwood's dining, shopping, and transit, this is a rare opportunity to own a high-performing, fully leased asset in a prime location. Photos are virtually staged to illustrate potential.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1930 | |
| — | |
| — | |
| No | |
| 0.41 |
| Lake | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12571307 | |
| 16152050280000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Middle School
Northwood Junior High School |
112 | Not in DB | |
|
High School
Highland Park High School |
112 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Sep, 2018 | Sold | $450,000 | MRED MLS |
| 1 Aug, 2018 | Under contract | $450,000 | MRED MLS |
| 1 Aug, 2018 | Listed for sale | $450,000 | MRED MLS |
| — | Last price change | $800,000 | MRED MLS |
| 26 Feb, 2026 | Listed for sale | $800,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 100x180 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $10,824 |
| — | $13,826 |
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Listing Provided By
Baird & Warner
