IL
Lake
Highwood
60040
308 Washington Avenue
308 Washington Avenue, Highwood, IL 60040
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Listing Type
Multi Family
Listing Status
Active
29
$799,999

Home Details for 308 Washington Avenue

Price
$799,999
Type
Residential Income
Bedrooms
7
Total Bathrooms
3
Year built
1930
Lot size acres
0.41
County
Lake
Total rooms
14
Garage
4
Basement
None
Days on site
45
MLS Listing#
12571307
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.

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Property Features
  • Parking
    • Garage Door Opener
    • Attached
    • Garage
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • Garage
    • 1
  • Basement
    • None
School Information
School Information for 308 Washington Avenue, Highwood, IL 60040
Elementary School
N/A
Middle School
Northwood Junior High School
High School
Highland Park High School
Listing Courtesy: Baird & Warner - 773-697-5555
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-11 17:02:23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-11 17:02:23
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Market statistics compiled from data from Midwest Real Estate Data.
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
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