This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$549,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
Calling all investors & rehabbers- fabulous or opportunity for existing ranch style 2 flat in booming Highwood. Each unit is 2 beds, 1 bath, oversized garage parking and tons of storage, laundry in basement. Property is zoned as multi unit, so tear down and built opportunity available- tons of space to develop the land or improve/expand existing property.
Full Property Details
Full Property Details for 124 S Central Ave
General
- Price: $549,000
- Taxes: $10,425 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12654067
- Updated: 8/19/2026
- Added to Site: 106 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 5
- Parking Features: Yes, Garage Owned, Attached, Owned, Garage
Location
- Area: Highwood
- County: Lake
- Township: Moraine
- Driving Directions: Prairie Ave west from Green Bay, to South Central, Left on south Central; property is behind 124 S Central, go to the very back of drive to property.
School Information
- School District: 112
- Elem School District: 112
- Midd School District: 112
- High School District: 113
- Elementary School: Wayne Thomas Elementary School
- Middle School: Northwood Junior High School
- High School: Highland Park High School
- Private School: Highland Park High School
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 150 x 96 x 300 x 85
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1950
- Tax Amount: $10,425
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16154190180000
Listed by Compass
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 124 S Central Ave
School Districts:North Shore School District 112, Township High School District 113
| Name | Grades | Distance |
|---|---|---|
Wayne Thomas Elementary School 2939 Summit Avenue, Highland Park, IL 60035 | K-5 | 0.6 mi |
Northwood Jr High School 945 North Avenue, Highland Park, IL 60035 | 6-8 | 0.5 mi |
Highland Park High School 433 Vine Avenue, Highland Park, IL 60035 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 S Central Ave
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$549,000
-8.35%
MLS
5/22/2026
Listed
$599,000
154.89%
MLS
1/10/2014
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 S Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,425
7%
$135,874
6%
2024
$9,772
15%
$128,099
11%
2023
$8,533
8%
$115,467
18%
2022
$7,905
2%
$98,098
3%
2021
$7,721
3%
$94,826
—
2020
$7,491
—
$94,826
—
2019
$7,506
-4%
$94,383
-7%
2018
$7,826
2%
$101,443
1%
2017
$7,645
4%
$100,858
5%
2016
$7,354
2%
$96,019
8%
2015
$7,198
-7%
$89,212
—
2014
$7,780
2%
$89,212
-6%
2013
$7,609
3%
$94,738
-3%
2012
$7,423
—
$97,196
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 S Central Ave
124 S Central Avenue, Highwood, IL 60040 (MLS# 12654067) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 124 S Central Avenue is currently listed for $549,000 and was received on May 22, 2026. Want to learn more about 124 S Central Avenue? Do you have questions about finding other Multi-Family real estate for sale in Highwood? You can browse all Highwood real estate or contact a Coldwell Banker agent to request more information.

