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308 Washington Avenue Highwood, IL 60040

$799,999
Price Change / MLS# 12571307 / Multi Unit - Multiple / Highwood
7 Beds
3 Baths

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.

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Baird & Warner Jim Abbott 847.668.8955 Email

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Estimated Payment

$ 3,163.28 per month $1,777.78 Principal & Interest $1,152.17 Property Tax $233.33 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: None
Garage: 4
Heating: Natural Gas, Forced Air
Lot Size: 0.41 Acres
Taxes: $13,826
Year Built: 1930

Feature Descriptions

Exterior: Brick
Lot Dimensions: 100x180
Parcel#: 16152050280000
Parking: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Moraine
Water: Lake Michigan, Public

Schools

High School: Highland Park High School
Middle School: Northwood Junior High School
School District: District 112

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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