308 Washington Avenue
Highwood, Illinois 60040

Active / MLS #12571307 / Multiple Unit (2-4) / Highwood
Listing information updated 4/3/2026 at 6:03am
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.

Listing Office: Baird & Warner

Listing Office Phone: 773.697.5555

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308 Washington Avenue, Highwood, IL 60040 is a multiple unit (2-4) currently listed at $799,999. 308 Washington Avenue features 7 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since February 26th, 2026 and was built in 1930. Nearby schools include Northwood Junior High School and Highland Park High School. The nearest transit stops include Highwood Metra Metra Union Pacific North line.