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8 Properties Within 0.5 miles of: 308 Washington, Highwood
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308 Washington
Highwood, IL 60040

  • 7 Beds
  • Built In 1930
Price

$800,000

Est Payment
$5,084 / month (details)  
Taxes
$13,826  
Beds
7  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
100x180  
Built
1930  
Neighborhood
Highwood  
MLS
#12571307
Status
Active (62 days)

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
4 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Attached, Garage, Parking included in price
Schools
Highland Park High School (112), Northwood Junior High School (112)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-26-2026 Listed at $800,000
03-28-2026 Price decreased by $1 to $799,999
04-11-2026 Status changed to Under Contract
04-29-2026 Price increased by $1 to $800,000
04-29-2026 Status changed to Active
Last Modified 4/29/26 11:32 AM

Nearby Transportation

  • Union Pacific North 0.4 mi
  • Hwy 41 North 1.5 mi
  • Hwy 41 South 1.7 mi
  • I 94 West 3.7 mi
  • I 94 East 3.9 mi
  • I 294 North 4.7 mi
  • I 294 South 4.8 mi
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