308 Washington Avenue, Highwood, IL 60040

Highwood
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
308 Washington Avenue,Highwood, IL 60040
$775,000
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  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: eugene abbott
Office: baird & warner
MLS#:12571307
Source:MLSNI

Price summary

  • Price:$775,000

About this home

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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Home facts

  • Year built:1930
  • Listing ID #:12571307
  • Updated:September 05, 2026 at 08:08 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1930
  • Lot area:0.41 Acres

Schools

  • High school:Highland Park High School
  • Middle school:Northwood Junior High School

Utilities

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

Finances and disclosures

  • Price:$775,000
  • Tax amount:$13,826 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Attached Garage, Garage
  • Garage:Yes
  • Garage spaces:4
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