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Legacy Properties

managingbroker@legacypropertiesil.com +1(224) 999-9100

$ 800,000

Est. payment | -/mo

7 Beds

3 Baths

0.41 Acres Lot

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$ 800,000

Est. payment | -/mo

Save Virtual Tour Video Tour

7 Beds

3 Baths

0.41 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12571307

Bedrooms 7

Year Built 1930

Annual Tax Amount $13,826

Tax Year 2024

Lot Size 0.410 Acres

Lot Dimensions 100x180

Property Sub-Type Two to Four Units

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.

Location

State IL

County Lake

Area Highwood

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Middle Schools Northwood Junior High School

High Schools Highland Park High School

School District 112 , 112, 112

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://myimageservices.com/308-Washington-Ave/idx

Listed by Eugene Abbott of Baird & Warner

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

308 Washington AVE Highwood, IL 60040