308 Washington Ave

Highwood, IL 60040
  • $799,999

    Price
  • 7

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 10274 - 878290,47124

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.

Listing Highlights

Status Pending
Days on Site 47
Property Type Multi-Family
MLS ® 12571307
Year Built 1930
Total Square Footage 0
Lot/Acreage 0.41
County Lake
School District 112

Interior Details

  • Bedrooms: 7
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Lot Dimensions: 100x180
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Attached,Garage

Financial Details

  • Tax Amount: $13,826
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16152050280000
  • Tax Year: 2024

Payment Calculator

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Questions About..

308 Washington Ave Highwood, IL 60040

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Originating MLS: mred

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