308 Washington Avenue, Highwood, IL

$799,999

Overview

  • 110590
  • Property ID
  • Updated On:
  • April 3, 2026
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 0 ft2
  • Property Lot Size

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.

Bathrooms
3
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Attached
Brick
Forced Air
Garage Door Opener
Garage Owned
Lake Michigan
Natural Gas
Public
Public Sewer

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$4,101.75
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,101.75

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***We will be accepting highest and best no later than Monday, April 13th by 6pm. Welcome ...
Information for the property at 308 Washington Avenue, Highwood, IL, 60040 (Property ID: 110590) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi