308 Washington Ave

Highwood IL 60040

0.41 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

7 bedrooms

3 bathrooms

4 carspaces

4 garage spaces

0.41 ac. lot size

Multi-Family

Property history for 308 Washington Ave

2024

Sold

Undisclosed

30 Aug 2024 by Donald Glyman, of Tri-County Comm'l R.E., Inc.

2018

Sold

$450,000

28 Sep 2018 by Carol De Grazia Santi, of Coldwell Banker Realty

Happy sellers in Highwood

We have insufficient information to provide an overview of customer satisfaction for Highwood. Viewing the agent profiles, reviews and sales for Highwood can provide insights for this location.

Local market activity for 7 bedroom multi families in Highwood

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Eugene Abbott

at Baird & Warner

View listing

Sales:: (619) 566-0008

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