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$650,000   Price Analysis
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308 Washington Ave
Highwood, IL 60040
7 bed 3 bath 3,264 SqFt ($199/SqFt)
0.41 acre lot. Built 1930
Listed 2024-06-20, Taxes $10,241
Ⓧ USDA Ineligible
due to location

near Highwood

Totally rehabbed brick 3 flat on a huge double lot near downtown Highwood.

* Sale Pending *

All units have new floors, kitchens, baths, light fixtures and more. There are two huge three-bedroom and one one-bedroom un ts.

There is a double deep 4 car garage and a huge yard for the tenants enjoyment. Biggest multi unit lot in Highwood!


Presented by DONALD GLYMAN at
Tri-County Comm'l R.E., Inc.


Property MLS #12089818 from MRED

Bedrooms: 7
Bedrooms Possible: 7

Total Rooms: 15
Basement Features: Partial
Basement Description: Unfinished, Concrete (Basement)

Total Bathrooms: 3
Full Bathrooms: 3

Yes

Heating Features: Natural Gas, Forced Air

Lot Description: Fenced Yard
Lot Size Acres: 0.41
Lot Size Dimensions: 100X180
Lot Size Square Feet: 17860

Garage Spaces: 4
Garage Description: Attached
Garage Features: Garage Door Opener(s), Tandem
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: 112
High School District: 113

Wayne Thomas Elementary School is a public elementary school located approximately 0.4 miles away.
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Northwood Jr High School is a public middle school located approximately 0.4 miles away.
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Highland Park High School is a public high school located approximately 1.3 miles away.
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St James School is a private elementary and middle school located approximately 0.3 miles away.
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Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 3
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-1 Square Feet: 1734
Unit-2 Square Feet: 1016
Unit-3 Square Feet: 514
Unit 1 Total Actual Rent: 2300
Unit 2 Total Actual Rent: 2450
Unit 3 Total Actual Rent: 1200

Annual Tax Amount: 11047.00
Source Listing Status: Pending
County: Lake
Directions: From Washington and Sheridan, west on Washington over the tracks to property.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 16152050280000
Township: Moraine
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$71,292 + $51,469
$122,761
$10,241
2019$70,958 + $51,228
$122,186
$9,715
2018$86,754 + $56,928
$143,682
$11,079
2017$86,254 + $56,600
$142,854
$10,824
2016$82,115 + $53,884
$135,999
$10,411
2015$76,294 + $50,064
$126,358
$3,695
2014$76,294 + $50,064
$126,358
$3,761
2013$69,509 + $47,990
$117,499
$3,657
2012$71,313 + $49,235
$120,548
$3,510
2011$95,359 + $52,120
$147,479
$3,322
2010$123,582 + $66,403
$189,985
$2,926
2009$130,969 + $70,372
$201,341
$2,721
2008$132,292 + $71,083
$203,375
$2,633
2007$126,293 + $67,860
$194,153
$2,663
2006$112,113 + $59,867
$171,980
$9,105

Listed 2024-06-20
$650,000
MRED
Listing removed 2023-07-18
$625,000
MRED
Relisted 2023-06-12
$625,000
MRED
Listing removed 2023-05-31
$625,000
MRED
Listed 2023-05-27
$625,000
MRED
Sold 2018-09-28
$450,000
MRED
Listed 2018-08-01
$450,000
MRED

Net Operating Income: 42353

Year Built: 1930
Property Age: 94
Roof: Asphalt

Sewer: Public Sewer
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.