308 Washington AVE, Highwood, IL 60040
308 Washington AVE, Highwood, IL 60040
308 Washington AVE, Highwood, IL 60040
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Doug Anderson

Doug Anderson

+1(847) 687-3424
$799,999
Est. payment /mo
7 Beds
3 Baths
0.41 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

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

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Eugene Abbott of  Baird & Warner 
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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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308 Washington AVE