308 Washington, Highwood IL 60040
- Units 3
- Total Beds 7
- Total Baths 3
- Taxes $13,826
- Payment Estimate View Mortgage Calculator
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Property Description
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 & Information
Key Details
- List Price $800,000
- Property Taxes $13,826
- Price/ Sq. Ft. Unavailable
- Year Built 1930
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 14
- Basement N
Exterior Features
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Parking
- Parking Details Garage
- # of Cars: 4
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 3
- Age of Building 91-100 Years
- Exterior Construction Brick
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Stove, Refrigerator
Location
- County Lake
- Township Moraine
- Corporate Limits Highwood
- Directions to Property From Washington And Sheridan, West On Washington Over The Tracks To Property.
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Schools
- Elementary School District 112
- Junior High District 112
- School Name Northwood Junior High Sch
- High School District: 112
- School Name Highland Park High School
-
Property Taxes
- Tax 13826
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 16152050280000
Utilities
- Sewer Sewer-Publ
Listed by: Baird & Warner | Phone: 773.697.5555
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/20/2026 4:02 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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