544 N Central Avenue
Highwood, IL, 60040 $ 679,000
Bedrooms6 Baths2.0 Sq 2,335 Monthly Estimate*
$ 4,287
for $679,000 with 6 bedrooms and 2 full baths. This 2,335 square foot home was built in 1919.
Rare opportunity to own a beautifully updated two-flat, ideal for investors or owner-occupants seeking rental income. The spacious first-floor unit features an expanded kitchen with a large island, a new mudroom off the side entrance, 9-foot ceilings, hardwood floors throughout the living areas, a convenient laundry closet, three bedrooms, and a fully remodeled bathroom with walk-in shower. Two versatile front rooms provide the perfect space for home offices, a playroom, or additional flex living areas, while the sun-filled living room creates a warm and inviting atmosphere. The second-floor unit is currently leased for $2,500 per month through September 2027, offering immediate and reliable income with a wonderful tenant who would love to remain. Accessed through a seperate entrance the 2nd floor unit has an updated kitchen and bathroom, its own laundry room, and access to a private balcony. A clean, and dry basement provides abundant storage space, and extensive updates throughout both units make this a truly turnkey, low-maintenance investment. A detached two-car garage adds convenience and value. Located in the vibrant community of Highwood, enjoy highly regarded schools, close proximity to Lake Michigan, popular restaurants, year-round festivals, Metra access, and easy commuting via major highways. If you're looking to expand your investment portfolio, this exceptional property offers flexibility, strong cash flow potential, and an outstanding location.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style American 4-Sq.
Construction Materials Aluminum Siding
Year Built 1919
Township Moraine
Tax Year 2025
Ownership Fee Simple
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions Green Bay Rd. N of Prairie to Washington W to N. Central. On the corner of N. Central and Washington.
High School Highland Park High School
City Highwood
High School District 113
MLS Area Highwood
Elementary School Wayne Thomas Elementary School
Tax Annual Amount 11482
Middle/Junior High School Northwood Junior High School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 112
Elementary School District 112
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InteriorBasement Unfinished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Bathroom Accessible Shower
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorExterior Amenities Balcony
Parking Features Garage Door Opener Yes Garage Owned Detached Owned Garage
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 6312sf
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
peggyglickman@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,287
- Monthly Property Taxes
- $957
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Highwood, IL
Average List Price $691,600
Percent of Sale Price 2%
About Highwood, IL 5,478 Population
32% Since 2002
$ 54,880 Median Income
35.96 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
567473 Elementary School
564541 Middle School
Highland Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $679,000 | | Listed Price |