25 Webster, Highwood IL 60040
$665,000

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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. 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 & Information

Key Details

  • List Price $665,000
  • Property Taxes $13,543
  • Price/ Sq. Ft. Unavailable
  • Year Built 1920
  • Parking Type Space/s
  • Status Pending

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  6

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Aluminum Siding,Vinyl Siding
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air, Radiant
  • Units

  • Unit 1 Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
  • Unit 4 Stove, Refrigerator, Window Air Conditioner, Hardwood Floors

Location

  • County Lake
  • Township Moraine
  • Corporate Limits Highwood
  • Directions to Property E On Half Day Road, N On Sheridan, E On Webster
  • Schools

  • Elementary School District 112
  • Junior High District 112
  • High School District: 113
  • Property Taxes

  • Tax 13543
  • Tax Year 2024
  • Parcel Identification Number 16152140020000

Utilities

  • Sewer Sewer-Publ

Listed by: Compass | Phone: 847.416.0446
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/20/2026 6:32 PM. 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.

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