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$790,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
  • 4 Car Garage
See This Home
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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.

Full Property Details for 308 Washington Ave

General

  • Sold For: $790,000
  • Taxes: $13,826 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12571307
  • Added to Site: 238 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Highwood
  • County: Lake
  • Driving Directions: From Washington and Sheridan, West on Washington over the tracks to property.

School Information

  • School District: 112
  • Midd School District: 112
  • Middle School: Northwood Junior High School
  • High School: Highland Park High School
  • Private School: Highland Park High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Year Built: 1930
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 100 x 180

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1930
  • Tax Amount: $13,826
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16152050280000

Listed by Baird & Warner
Sold by Barr Agency, Inc

Listing agent

— 308 Washington Ave —

  • Baird & Warner

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 308 Washington Ave

School Districts:North Shore School District 112, Township High School District 113
NameGradesDistance
Wayne Thomas Elementary School
2939 Summit Avenue, Highland Park, IL 60035
K-50.4 mi
Northwood Jr High School
945 North Avenue, Highland Park, IL 60035
6-80.4 mi
Highland Park High School
433 Vine Avenue, Highland Park, IL 60035
9-121.1 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 308 Washington Ave

Date
Details
Price
Change
Source
9/04/2026
Sold
$790,000
1.94%
MLS
6/02/2026
Price Reduced
$775,000
-3.12%
MLS
4/29/2026
Price Increased
$800,000
—
MLS
3/28/2026
Price Reduced
$799,999
—
MLS
2/26/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Baird & Warner
Sold by Barr Agency, Inc

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Price Reduced near 308 Washington Ave

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308 Washington Avenue, Highwood, IL 60040 (MLS# 12571307) is a Multi-Family property that was sold at $790,000 on September 04, 2026. Want to learn more about 308 Washington 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.