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$800,000 Just Listed
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Property Description
Exceptional investment opportunity in the heart of downtown ! Perfectly situated on a quiet one-way street within the city's vibrant business district, this beautifully maintained and newly remodeled three-flat has been thoughtfully updated from top to bottom. Each unit showcases stylish new kitchens and baths with modern cabinetry, quartz countertops, updated lighting and fixtures, new tile, most new appliances, refinished hardwood floors, luxury vinyl plank flooring, and durable epoxy flooring. Major exterior improvements include a newer roof, siding, and gutters for added peace of mind. The spacious first-floor unit features three bedrooms, one and a half baths, a bright living area, a versatile den or office, and a private laundry room. The second floor has two units, each are one-bedroom, one-bath units, each with comfortable living areas, plus shared laundry conveniently located on the first floor. A fully fenced yard and ample parking complete the property. Just blocks from the Metra train, dining, shopping, parks, bike paths, and beautiful -and with quick access to Route 41/94 and the tollway-this multi-unit property offers outstanding rental income potential, future redevelopment possibilities, and a rare chance to own a turnkey asset in one of the North Shore's most dynamic communities. Quick close available. PLEASE NOTE PHOTOS ARE VIRTUALLY STAGED
Full Property Details
Full Property Details for 43 Clay Ave
General
- Price: $800,000
- Taxes: $8,730 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12578540
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 6
- Parking Features: Yes, Owned
Location
- Area: Highwood
- County: Lake
- Township: Moraine
- Driving Directions: Highwood Ave & Sheridan Rd N To Clay E To #
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: Natural Gas, Forced Air, Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 1933
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 135 x 36 x 125 x 68
Financial Considerations
- Insurance Fee: $2,000
- Parking Included: Yes
- Assessment Year: 1933
- Tax Amount: $8,730.18
- Tax Year: 2024
- Pays Electric: 2495
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16152100020000
Listed by Baird & Warner
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Schools
Schools serving 43 Clay 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 | 0.7 mi |
Northwood Jr High School 945 North Avenue, Highland Park, IL 60035 | 6-8 | 0.7 mi |
Highland Park High School 433 Vine Avenue, Highland Park, IL 60035 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 43 Clay Ave
Date
Details
Price
Change
Source
2/27/2026
Listed
$800,000
23.27%
MLS
12/03/2024
Sold
$649,000
—
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 43 Clay Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,195
-2%
$107,430
11%
2023
$8,376
8%
$96,836
1%
2022
$7,759
2%
$96,286
3%
2021
$7,578
3%
$93,075
—
2020
$7,353
—
$93,075
—
2019
$7,353
-2%
$92,640
-5%
2018
$7,505
2%
$97,485
1%
2017
$7,332
4%
$96,923
5%
2016
$7,052
2%
$92,273
8%
2015
$6,902
-8%
$85,732
—
2014
$7,532
2%
$85,732
-7%
2013
$7,367
3%
$91,909
-3%
2012
$7,186
—
$94,293
—
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 43 Clay Ave
43 Clay Avenue, Highwood, IL 60040 (MLS# 12578540) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 43 Clay Avenue is currently listed for $800,000 and was received on February 27, 2026. Want to learn more about 43 Clay 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.

