25 Webster Avenue, Highwood, IL 60040

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25 Webster Avenue,Highwood, IL 60040
$665,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alissa morton
Office: compass
MLS#:12545949
Source:MLSNI

Price summary

  • Price:$665,000

About this home

Value add 4-unit residential investment property located in an ideal Highwood location, just one block off Sheridan Road and steps from downtown Highwood's restaurants, shops, and Metra access. The property was updated in 2022 with a combination of mechanical and cosmetic improvements, but there is a lot of upside in further rehab. The unit mix consists of one (1) studio, one (1) one-bedroom, and two (2) two-bedroom units. Units 1 and 2F feature central HVAC, Unit 3 offers central heat with window A/C, and Unit 2R includes baseboard electric heat with window A/C. Tenants enjoy shared coin-operated laundry in the basement, a fenced side yard, and on-site parking. Limited short-term capital improvements are anticipated, including removal of remaining knob-and-tube wiring in a confined area and reinforcement of basement structural supports. This asset offers a compelling opportunity to acquire as-is and operate at a strong in-place financials north of an 8 cap, or execute a

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Home facts

  • Year built:1920
  • Listing ID #:12545949
  • Added:3 day(s) ago
  • Updated:January 17, 2026 at 11:57 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air, Natural Gas, Radiant

Structure and exterior

  • Roof:Asphalt
  • Year built:1920

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$665,000
  • Tax amount:$13,543 (2024)
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