25 Webster Avenue

Highwood IL 60040

Multi-Family

Last sold for $655,000

Alissa Morton, last sold this property on 26 February 2026 after 43 days on market.

Overview

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. 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.

Features

6 bedrooms

4 bathrooms

6 carspaces

Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Highwood over the last 12 months.

Property history for 25 Webster Avenue

2026

Sold

$655,000

26 Feb 2026 by Alissa Morton, of Compass

2022

Sold

$500,000

25 Jul 2022 by Cory Albiani, of @properties Christie's International Real Estate

Happy sellers in Highwood

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