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$5,775,000
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Property Description
Highland Parkway Townhomes - Prime Investment Opportunity in Itasca Presenting an exceptional investment opportunity: a portfolio of 11 newer construction luxury townhomes located in the highly sought-after Highland Parkway Subdivision. Each unit features a spacious 3-bedroom, 2.5-bathroom floor plan, meticulously designed to deliver comfort, style, and functionality. The homes boast modern open-concept layouts, highlighted by gourmet kitchens with stainless steel appliances and large islands ideal for both everyday living and entertaining. The main living areas are enhanced with rich hardwood flooring, creating a warm and sophisticated atmosphere. Backing directly onto a picturesque park and tennis courts, residents enjoy a tranquil setting with built-in recreational amenities-perfect for families and outdoor enthusiasts alike. Strategically located just minutes from the Itasca Metra station, major highways, and O'Hare International Airport, this property offers unmatched convenience and connectivity for commuters and travelers. With stable in-place income and the opportunity to increase rents to market levels without capital improvements, this is a turnkey investment with significant upside potential.
Full Property Details
Full Property Details for 504 Highland Pkwy
General
- Price: $5,775,000
- Taxes: $117,480 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12336294
- Updated: 4/17/2025
- Added to Site: 284 day(s) ago
Location
- Area: Itasca
- County: DuPage
- Driving Directions: From Irving Park Rd and N Rohlwing Rd - South on N Rohlwing, right at Highlands Ave
Heating & Cooling
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 3
- Year Built: 2020
Lot Features
- Lot Dimensions: 51400
Financial Considerations
- Operating Expenses: $155,829
- Assessment Year: 2020
- Tax Amount: $117,480
- Tax Year: 2023
Disclosures and Reports
- Property ID: 212402028
Buyer's Brokerage Compensation: Contact Listing Agent
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Schools
Schools serving 504 Highland Pkwy
School Districts:Medinah School District 11, Lake Park Community High School District 108
| Name | Grades | Distance |
|---|---|---|
Medinah Intermediate School 7N330 Medinah Rd, Medinah, IL 60157 | 3-5 | 1.5 mi |
Medinah Primary School 22W300 Sunnyside Rd, Medinah, IL 60157 | PK-2 | 1.5 mi |
Medinah Middle School 700 East Granville Avenue, Roselle, IL 60172 | 6-8 | 2.1 mi |
Lake Park High School 500 West Bryn Mawr Avenue, Roselle, IL 60172 | 9-12 | 3.2 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 504 Highland Pkwy
Date
Details
Price
Change
Source
4/11/2025
Listed
$5,775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 Highland Pkwy
504 Highland Parkway, Itasca, IL 60143 (MLS# 12336294) is a Commercial property. 504 Highland Parkway is currently listed for $5,775,000 and was received on April 11, 2025. This property is listed by Rocco Zaccaro from our Oak Brook Office.Want to learn more about 504 Highland Parkway? Do you have questions about finding other Commercial real estate for sale in Itasca? You can browse all Itasca real estate or contact a Coldwell Banker agent to request more information.


