IL
Lake
Highwood
60040
25 Webster Avenue
25 Webster Avenue, Highwood, IL 60040
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Listing Type
Multi Family
Listing Status
Active
25
$665,000

Home Details for 25 Webster Avenue

Price
$665,000
Type
Residential Income
Bedrooms
6
Bathrooms
4.0
Square feet
NaN
Year built
1920
County
Lake
Total rooms
14
Garage
Basement
Unfinished, Full
Days on site
0
MLS Listing#
12545949
Property Description

Value add 4-unit residential investment property located in an ideal Highwood location, just one block off Sheridan Road and steps from downtown Highwood's restaurants, shops, and Metra access. The property was updated in 2022 with a combination of mechanical and cosmetic improvements, but there is a lot of upside in further rehab. The unit mix consists of one (1) studio, one (1) one-bedroom, and two (2) two-bedroom units. Units 1 and 2F feature central HVAC, Unit 3 offers central heat with window A/C, and Unit 2R includes baseboard electric heat with window A/C. Tenants enjoy shared coin-operated laundry in the basement, a fenced side yard, and on-site parking. Limited short-term capital improvements are anticipated, including removal of remaining knob-and-tube wiring in a confined area and reinforcement of basement structural supports. This asset offers a compelling opportunity to acquire as-is and operate at a strong in-place financials north of an 8 cap, or execute a value-add strategy by renovating units and pushing rents to market levels. Ideal for investors seeking stable cash flow with upside in a highly desirable North Shore rental market.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
    • Radiant
  • Basement
    • Unfinished
    • Full
  • Water Features
    • Public
Listing Courtesy: Compass - 847-416-0446
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-01-19 00:30:34. 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: 2026-01-19 00:30:34
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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773 250 7410
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