308 Washington Ave

Highwood IL 60040

0.41 ac.

Multi-Family

Last sold for $790,000

Eugene Abbott, last sold this property on 04 September 2026 after 189 days on market.

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

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Highwood over the last 12 months.

Property history for 308 Washington Ave

2026

Sold

$790,000

04 Sep 2026 by Eugene Abbott, of Baird & Warner

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.