308 Washington AVE, Highwood, IL 60040
308 Washington AVE, Highwood, IL 60040
308 Washington AVE, Highwood, IL 60040
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Tony Ciancanelli

Tony Ciancanelli

+1(708) 670-6334
$775,000
Est. payment /mo
7 Beds
3 Baths
0.41 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12571307

Bedrooms 7

Year Built 1930

Annual Tax Amount $13,826

Tax Year 2024

Lot Size 0.410 Acres

Lot Dimensions 100x180

Property Sub-Type Two to Four Units

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.

Location

State IL

County Lake

Area Highwood

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Middle Schools Northwood Junior High School

High Schools Highland Park High School

School District 112 , 112, 112

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Eugene Abbott of  Baird & Warner 

Nearby Locations

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Pets

  • Domino’s Pizza

    148 Green Bay Rd, Highwood, IL 60040

    Pizza Phone: 847-433-6441

  • Cellar Gate Wine Market & Bistro

    524 Sheridan Rd, Highwood, IL 60040

    Wine Bars Phone: 847-748-8086

  • D’s Coffee Shop

    495 Sheridan Rd, Highwood, IL 60040

    Breakfast & Brunch Phone: 847-681-8343

  • Ferentino’s Pizzeria

    760 Sheridan Rd, Highwood, IL 60040

    Phone: 847-266-0707

  • 210 Restaurant

    210 Green Bay Rd, Highwood, IL 60040

    Barbeque Phone: 224-441-7352

  • Buffo’s

    431 Sheridan Rd, Highwood, IL 60040

    Pizza Phone: 847-432-0301

  • Curry Hut Restaurant

    410 Sheridan Rd, Highwood, IL 60040

    Indian Phone: 847-432-2889

  • Ils Wayport

    894 Sheridan Rd, Highwood, IL 60040

    Phone: 847-681-1648

  • Maria’s Bakery

    410 Sheridan Rd, Highwood, IL 60040

    Italian Phone: 847-266-0811

  • Lucky Fish Deli

    530 Sheridan Rd, Highwood, IL 60040

    Seafood Phone: 847-291-1411

  • Froggy’s French Cafe

    306 Green Bay Rd, Highwood, IL 60040

    French Phone: 847-433-7080

  • Scotty’s On Sheridan

    810 Sheridan Rd, Highwood, IL 60040

    Cocktail Bars Phone: 847-926-7593

  • Virginia’s Restaurant

    415 Sheridan Rd, Highwood, IL 60040

    Phone: 847-433-1555

  • China Kitchen

    114 W Washington Ave, Highwood, IL 60040

    Chinese Phone: 847-433-8809

  • Jay Lovell’s

    766 Sheridan Rd, Highwood, IL 60040

    Sandwiches Phone: 847-780-3930

  • House of Peking

    846 Sheridan Rd, Highwood, IL 60040

    Chinese Phone: 847-432-8117

  • Barrel Crossing

    260 Green Bay Rd, Highwood, IL 60040

    American (Traditional) Phone: 872-256-6676

  • Pastificio, Inc

    122 Highwood Ave, Highwood, IL 60040

    Italian Phone: 847-432-5459

  • The Mean Wiener

    532 Sheridan Rd, Highwood, IL 60040

    Mexican Phone: 847-433-3701

  • Subway

    818 Sheridan Rd, Highland Park, IL 60035

    Fast Food Phone: 847-433-5870

  • Little Caesars

    108 Washington Ave, Highwood, IL 60040

    Pizza Phone: 847-926-7244

  • Jin 28

    752 Sheridan Rd, Highwood, IL 60035

    Japanese Phone: 847-926-5674

  • Clucker’s Charcoal Chicken

    760 Sheridan Rd, Highwood, IL 60040

    Barbeque Phone: 847-432-2582

  • Hoagie Hut

    555 Bank Ln, Highwood, IL 60040

    American (Traditional) Phone: 847-432-3262

  • Mee Jun Chop Suey

    526 Sheridan Rd, Highwood, IL 60040

    Chinese Phone: 847-432-5225

  • Ballaro

    214 Green Bay Rd, Highwood, IL 60040

    Italian Phone: 847-780-3396

  • Cafe Pettopia

    848 Sheridan Rd, Highwood, IL 60040

    Breakfast & Brunch Phone: 847-433-3727

  • The Del Rio Restaurant

    228 Green Bay Rd, Highwood, IL 60040

    Italian Phone: 847-432-4608

  • Tacos El Norte

    118 Washington Ave, Highwood, IL 60040

    Mexican Phone: 847-432-1730

  • McDonald’s

    894 Sheridan Rd, Highwood, IL 60040

    Coffee & Tea Phone: 847-432-2225

  • Alex’s Washington Gardens

    256 Green Bay Rd, Highwood, IL 60040

    Italian Phone: 847-432-0309

  • Cluckers Resturant

    760 Sheridan Rd, Highwood, IL 60040

    Soul Food Phone: 847-434-2582

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308 Washington AVE