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308 Washington Avenue Highwood, IL $ 800,000
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308 Washington Avenue
$ 800,000
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308 Washington Avenue

Highwood, IL, 60040
$ 800,000
Bedrooms7 Baths3.0 Sq 3,264

Monthly Estimate*

$ 4,926

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Multi-Family Home for sale in Highwood, IL

for $800,000 with 7 bedrooms and 3 full baths. This 3,264 square foot home was built in 1930 on a lot size of 0.41.

Great investment property in Highwood. Unit 1 is 6 rooms, 3 bed, 1 bath rented at $2,950. Unit 2 is 6 rooms, 3 bed, 1 bath rented at $2,755. Unit 3 a 3 room 1 bath 1 bath rented at $1,450. Garage houses 4 cars, two spaces double deep. ALL LEASES THROUGH MARCH 2027. Currently tenant only responsible for wifi/internet. Landlord charges $50 a month for all other utilities. PHOTOS ARE VIRTUALLY STAGED. There will be no open houses, contact agent for private showings.

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Multi-Family Active

Price

$ 800,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,826

Style

Lot Size

0.41

Year Built

1930

Town/City

Highwood

County/Region

Lake

MLS | Web ID

12571307
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Tenant's Rights
Garage Spaces 4
Construction Materials Brick
Year Built 1930
Township Moraine
Tax Year 2024
Ownership Fee Simple
Gross Income 85860
County Lake
Net Operating Income 60576
Insurance Expense 2000
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions From Washington and Sheridan West on Washington over the tracks to property.
High School Highland Park High School
City Highwood
High School District 112
MLS Area Highwood
Tax Annual Amount 13826
Electric Expense 2500
Fuel Expense 3000
Middle/Junior High School Northwood Junior High School
Trash Expense 0
Water Sewer Expense 3133
Additional Parcels Y/N N
Virtual Tour https://myimageservices.com/308-Washington-Ave/idx
Standard Status Active
Middle/Junior School District 112
Elementary School District 112
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Interior
Basement None
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Attached Garage
Water Source Lake Michigan Public
Total Parking 4
Lot Dimensions 100x180
Lot Size Acres 0.41
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

jim.abbott@bairdwarner.com

Email

Affordability Calculator

$6,078
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$1,152
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4871127 Elementary School
5406684 Middle School
Highland Park High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2026$800,000 Listed Price

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308 Washington Avenue, Highwood, IL, 60040 is a Multi-Family Home for sale at $800,000 with 3,264 sqft and a lot size of 0.41. 308 Washington Avenue has 7 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 60040 which is in Highwood, IL

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