504 Highland Parkway Itasca, IL $ 5,775,000
504 Highland Parkway
$ 5,775,000
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504 Highland Parkway

Itasca, IL, 60143
$ 5,775,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 36,028

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Multi-Family Home for sale in Itasca, IL

for $5,775,000 with 3 bedrooms. This home was built in 2020.

Highland Parkway Townhomes - Prime Investment Opportunity in Itasca Presenting an exceptional investment opportunity: a portfolio of 11 newer construction luxury townhomes located in the highly sought-after Highland Parkway Subdivision. Each unit features a spacious 3-bedroom, 2.5-bathroom floor plan, meticulously designed to deliver comfort, style, and functionality. The homes boast modern open-concept layouts, highlighted by gourmet kitchens with stainless steel appliances and large islands ideal for both everyday living and entertaining. The main living areas are enhanced with rich hardwood flooring, creating a warm and sophisticated atmosphere. Backing directly onto a picturesque park and tennis courts, residents enjoy a tranquil setting with built-in recreational amenities-perfect for families and outdoor enthusiasts alike. Strategically located just minutes from the Itasca Metra station, major highways, and O'Hare International Airport, this property offers unmatched convenience and connectivity for commuters and travelers. With stable in-place income and the opportunity to increase rents to market levels without capital improvements, this is a turnkey investment with significant upside potential.

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Multi-Family Active

Price

$ 5,775,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 117,480

Style

Year Built

2020

Town/City

Itasca

County/Region

DuPage

MLS | Web ID

12336294

Features
General
Year Built 2020
Stories Count 3
Tax Year 2023
Gross Income 446400
County DuPage
Net Operating Income 290571
Operating Expense 155829
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions From Irving Park Rd and N Rohlwing Rd - South on N Rohlwing right at Highlands Ave
City Itasca
Number Of Units Total 11
MLS Area Itasca
Tax Annual Amount 117480
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 5
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Exterior
Lot Dimensions 51400
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* Excluded Features
List By
Coldwell Banker Realty

Broker

rocco.zaccaro@cbrealty.com;rocco.zaccaro@gmail.com

Email

Affordability Calculator

$45,818
Per Month
79%
21%
0%
Monthly Principal & Interest
$36,028
Monthly Property Taxes
$9,790
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2025$5,775,000 Listed Price

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504 Highland Parkway, Itasca, IL, 60143 is a Multi-Family Home for sale at $5,775,000. 504 Highland Parkway has 3 bedrooms, 0.0 baths, and was built in 2020. The property's zip code is 60143 which is in Itasca, IL