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Off market
  • $716,600

    237 Prairie Ave, Highwood, IL 60040

    8beds
    2,950sqft
    MultiFamily
    Built in 1948
    -- sqft lot
    $716,600 Zestimate®
    $243/sqft
    $3,556 Estimated rent

    Home value

    $716,600

    $659,000 - $781,000

    $3,556/mo

    Zestimate® history
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    What's special

    Two separate houses on over-sized lot located directly across the street from a prominent and popular dual-language elementary school in a tidy residential neighborhood. Well-built and well-maintained brick/masonry houses, each with 4 bedrooms, two baths, up-to-date kitchens. Both homes have private, separated yards and patio areas. Two-car garage included as a part of the back house and exterior parking pad spaces for 4 cars adjoining surprisingly charming alley. Walking distance to parks, downtown and train station. Owned by a small "hands-on, Mom and Pop" type residential rental company for more than 15 years, with improvements made annually on the basis of a long-term plan. Strong rental income flow with excellent rental history. Back house tenant has resided at the premises for 11 years; front house tenants are now in second year of residency. Examples of recent improvements include the following: for the front house, installation of central air conditioning, dual-zone (first and second floor) HVAC technology, new water heater, new range, hardwood floor refinishing and extensive interior and exterior painting; for the back house, new roof and exterior painting. To be sensitive to the privacy of current residents, the photos in this listing have been limited to exterior depictions and some interior photos of the front house taken when the current residents were in the process of moving in (and prior to addition of central a/c for front house).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood, Laminate, Slate
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,950 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 8,081 sqft
    Details
    • Parcel number: 1615420004

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Sewer-Public, Sewer-Storm

    Community & neighborhood

    Location
    • Region: Highwood

    Other

    Other facts
    • Addtl Room 2 Level: Not Applicable
    • Addtl Room 3 Level: Not Applicable
    • Addtl Room 4 Level: Not Applicable
    • Addtl Room 5 Level: Not Applicable
    • 2nd Bedroom Level: 2nd Level
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Cedar
    • Family Room Level: Not Applicable
    • Sewer: Sewer-Public, Sewer-Storm
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage, Space/s
    • Status: Active
    • Water: Lake Michigan
    • Kitchen Level: Main Level
    • Living Room Level: Main Level
    • Master Bedroom Level: Main Level
    • 3rd Bedroom Level: 2nd Level
    • Other Information: School Bus Service, Commuter Train, Commuter Bus, Interstate Access
    • Addtl Room 1 Level: Basement
    • Addtl Room 1 Name: Bonus
    • 4th Bedroom Level: Main Level
    • Addtl Room 10 Level: Not Applicable
    • Addtl Room 6 Level: Not Applicable
    • Addtl Room 7 Level: Not Applicable
    • Addtl Room 8 Level: Not Applicable
    • Addtl Room 9 Level: Not Applicable
    • Frequency: Not Applicable
    • Square Feet Source: Assessor
    • Age: 51-60 Years
    • Garage On-Site: Yes
    • Parking On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Parking Ownership: Owned
    • Is Parking Included in Price: Yes
    • Type of House 2: 2 Stories
    • Lot Dimensions: 65X25
    • Garage Ownership: Owned
    • Laundry Level: Not Applicable
    • Additional Rooms: Bonus
    • Aprox. Total Finished Sq Ft: 0
    • Total Sq Ft: 0
    • Tax Year: 2016
    • Parcel Identification Number: 16154200040000

    Price history

    DateEventPrice
    5/16/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12049233 Report a problem
    5/7/2024Listed for rent$2,650+26.2%$1/sqft
    Source: MRED as distributed by MLS GRID #12049233 Report a problem
    11/29/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11803443 Report a problem
    10/29/2023Contingent$584,000$198/sqft
    Source: MRED as distributed by MLS GRID #11803443 Report a problem
    10/17/2023Listed for sale$584,000$198/sqft
    Source: MRED as distributed by MLS GRID #11803443 Report a problem
    9/8/2023Contingent$584,000$198/sqft
    Source: MRED as distributed by MLS GRID #11803443 Report a problem
    6/22/2023Listed for sale$584,000-11.5%$198/sqft
    Source: MRED as distributed by MLS GRID #11803443 Report a problem
    4/17/2023Listing removed--
    Source: Owner Report a problem
    2/16/2023Listed for sale$659,900+32.4%$224/sqft
    Source: Owner Report a problem
    5/15/2019Listing removed$498,500$169/sqft
    Source: Baird & Warner #10100204 Report a problem
    2/28/2019Listing removed$2,100$1/sqft
    Source: Baird & Warner #10278763 Report a problem
    2/21/2019Listed for rent$2,100$1/sqft
    Source: Baird & Warner #10278763 Report a problem
    12/3/2018Price change$498,500-5.8%$169/sqft
    Source: Baird & Warner #10100204 Report a problem
    10/2/2018Listed for sale$529,000+17.6%$179/sqft
    Source: Baird & Warner #10100204 Report a problem
    11/1/2015Listing removed$449,900$153/sqft
    Source: Coldwell Banker Residential Brokerage - Glen Ellyn #08770059 Report a problem
    4/27/2015Listed for sale$449,900$153/sqft
    Source: Coldwell Banker Residential Brokerage - Glen Ellyn #08770059 Report a problem
    4/17/2015Pending sale$449,900$153/sqft
    Source: Coldwell Banker Residential Brokerage - Glen Ellyn #08770059 Report a problem
    11/7/2014Listed for sale$449,900+7.9%$153/sqft
    Source: Coldwell Banker Residential Brokerage - Glen Ellyn #08770059 Report a problem
    10/16/2006Sold$417,000+39.9%$141/sqft
    Source: Public Record Report a problem
    9/27/2001Sold$298,000$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$11,672 -7.3%$152,886 +10.9%
    2022$12,597 +8.1%$137,810 -4.7%
    2021$11,658 +2.3%$144,597 +3.4%
    2020$11,390 +4.4%$139,775 +1.8%
    2019$10,910 +20.5%$137,347 +14.2%
    2018$9,056 $120,282 +0.6%
    2017$9,056 +6.3%$119,589 +5%
    2016$8,516 -8.3%$113,851 +7.6%
    2015$9,284 +2.2%$105,780 -6.6%
    2014$9,081 +2.5%$113,288 -0.6%
    2012$8,858 -4.7%$113,949 -10.8%
    2011$9,298 +0.3%$127,742 -11.8%
    2010$9,267 +3.5%$144,910 -5.6%
    2009$8,955 +3.4%$153,571 -1%
    2008$8,660 +2%$155,122 +4.7%
    2006$8,491 -13%$148,088
    2005$9,763 +20.5%--
    2004$8,101 +6.3%--
    2003$7,620 +42.8%--
    2002$5,334 +8.3%--
    2001$4,925 -4.8%$81,838 +0.3%
    2000$5,175 $81,585

    Find assessor info on the county website

    Neighborhood: 60040

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wayne Thomas Elementary School
    • Middle: NORTHWOOD JUNIOR HIGH SCHOOL
    • High: Highland Park High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $716,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $716,600