$799,999

308 Washington Avenue, Highwood, IL 60040

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Data Last Updated:
April 3, 2026 at 3:18PM
Listing Office:
Baird & Warner : 847-668-8955
Listing Agent:
Eugene Abbott : 847-668-8955
MLS ID:
12571307
  • Basement: None
  • Heating: Natural GasForced Air
  • Parking: Garage Door OpenerYesGarage OwnedAttachedGarageParking spaces: 4
  • Originating MLS: mred
  • School District: 112
  • County: Lake
  • Zoning: 16152050280000
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Eugene Abbott , Baird & Warner

Monthly Payment

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

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Location

Schools Nearby

W

Wayne Thomas Elementary School

2939 Summit Ave, Highland Park, IL, 60035

Grades KG-5

0.41 miles away

N

Northwood Middle School

2031 Sheridan Rd, Highland Park, IL, 60035

Grades 6-8

1.55 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.