25 Webster Avenue, Highwood, IL 60040

Highwood
Local realty services provided by:Better Homes and Gardens Real Estate Connections
25 Webster Avenue,Highwood, IL 60040
$655,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: alissa morton
Office: compass
MLS#:12545949
Source:MLSNI

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Price summary

  • Price:$655,000

About this home

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

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Home facts

  • Year built:1920
  • Listing ID #:12545949
  • Added:53 day(s) ago
  • Updated:March 08, 2026 at 07:50 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas, Radiant

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$655,000
  • Tax amount:$13,543 (2024)
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