$665,000

25 Webster Avenue, Highwood, IL 60040

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Value add 4-unit residential investment property located in an ideal Highwood location, just one block off Sheridan Road and steps from downtown Highwood's restaurants, shops, and Metra access. The property was updated in 2022 with a combination of mechanical and cosmetic improvements, but there is a lot of upside in further rehab. The unit mix consists of one (1) studio, one (1) one-bedroom, and two (2) two-bedroom units. Units 1 and 2F feature central HVAC, Unit 3 offers central heat with window A/C, and Unit 2R includes baseboard electric heat with window A/C. Tenants enjoy shared coin-operated laundry in the basement, a fenced side yard, and on-site parking. This asset offers a compelling opportunity to acquire as-is and operate at a strong in-place financials north of an 8 cap, or execute a value-add strategy by renovating units and pushing rents to market levels. Ideal for investors seeking stable cash flow with upside in a highly desirable North Shore rental market.

Listing Status:
Pending
Data Last Updated:
February 14, 2026 at 7:19AM
Listing Office:
Compass : 847-363-4566
Listing Agent:
Alissa Morton : 847-363-4566
MLS ID:
12545949
  • Basement: UnfinishedFull
  • Heating: Natural GasForced AirRadiant
  • Parking: YesParking spaces: 6
  • Roofing: Asphalt
  • General: Concrete Perimeter
  • Originating MLS: mred
  • School District: 112
  • County: Lake
  • Zoning: 16152140020000
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Alissa Morton , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oak Terrace Elementary School

240 Prairie Ave, Highwood, IL, 60040

Grades KG-5

0.37 miles away

N

Northwood Middle School

2031 Sheridan Rd, Highland Park, IL, 60035

Grades 6-8

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.