Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

(815) 520-3939
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308 Washington Avenue, Highwood, IL 60040

$799,999
SAVE TOUR THIS HOME
  • 308 Washington Avenue, Highwood, IL 60040 Main Photo

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Active
BEDS7 BATHS3 full MLS#12571307
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 112
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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.

308 Washington Avenue | MLS# 12571307

This multi-family property located at 308 Washington Avenue, Highwood, IL 60040 is currently listed for sale with an asking price of $799,999. Washington Avenue is located within the District 112 school district. Search Highwood real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 4
Heating: Natural Gas, Forced Air
Lot Size: 0.41 Acres
Taxes: $13,826
Year Built: 1930

Feature Descriptions

Exterior: Brick
Lot Dimensions: 100x180
Parcel#: 16152050280000
Parking: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Moraine
Water: Lake Michigan, Public

Local Schools

High School: Highland Park High School
Middle School: Northwood Junior High School
School District: District 112

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 773-697-5555

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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Estimated Payment

$ 3,165.95 per month $1,780.45 Principal & Interest $1,152.17 Property Tax $233.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 12:18:31 AM EST) or MRED MLS (last updated Tue 04/07/2026 12:11:54 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/06/2026 10:16:16 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/06/2026 2:10:12 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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