Investor's Dream: Fully Remodeled 2-Flat in Highwood. Nestled in the charming community of Highwood,remodeled 2-flat promises an outstanding investment opportunity. Each unit has been treated to a complete kitchen transformation with new cabinetry, countertops, and appliances. The bathrooms have been given a contemporary facelift with new fixtures, tile work, and vanities. Freshly Painted in neutral tones, new flooring and carpet. New windows ensure energy efficiency and a comfortable living environment, while a newer roof offers peace of mind for years to come.Separate updated circut beakers.Coin operated washer and dryer in the basement. The driveway has been replaced, offering ample off-street parking for residents, 2 car garage.Fenced yard. Highwood's convenient location, renowned schools, and proximity to shopping, dining, and transportation make it an ideal place to live for tenants, further enhancing the appeal of this investment opportunity. If you're searching for a turnkey property that promises excellent rental income potential and minimal maintenance concerns, look no further. This fully remodeled 2-flat in Highwood is the epitome of modern, hassle-free real estate investing.
Closed
$429,820
416 N Central Ave, Highwood, IL 60040
4beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$494,800 Zestimate®
$--/sqft
$2,964 Estimated rent
Home value
$494,800
$470,000 - $520,000
$2,964/mo
Zestimate® history
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$3,294/mo
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$3,294/mo
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Zillow last checked:
Listing updated:
Listed by:
Magdalena Malyszko 847-495-5000,
HomeSmart Connect LLC
Bought with:
John Youkhana
1 Price Real Estate Corporation
Source: MRED as distributed by MLS GRID,MLS#: 11890831
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Enclosed Porch
Heating
- Natural Gas, Steam
Features
- Basement: Unfinished,Partial
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Side Apron, Owned, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 6,969 Square Feet
- Dimensions: 47X155
- Features: Level
Details
- Additional structures: Garage(s)
- Parcel number: 16151101300000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1923
- Major remodel year: 2023
Utilities & green energy
- Sewer: Storm Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Highwood
Financial & listing details
- Tax assessed value: $306,088
- Annual tax amount: $6,551
- Date on market: 9/22/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2024 | Listing removed | $485,000 |
Source:  MRED as distributed by MLS GRID #12140987 Report a problem | ||
| 8/17/2024 | Listed for sale | $485,000+12.8% |
Source: MRED as distributed by MLS GRID #12140987 Report a problem | ||
| 10/20/2023 | Sold | $429,820-4.5% |
Source: MRED as distributed by MLS GRID #11890831 Report a problem | ||
| 9/27/2023 | Contingent | $450,000 |
Source: MRED as distributed by MLS GRID #11890831 Report a problem | ||
| 9/22/2023 | Listed for sale | $450,000+25.7% |
Source: MRED as distributed by MLS GRID #11890831 Report a problem | ||
| 4/14/2023 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 3/24/2023 | Price change | $358,000-5.3% |
Source: MRED as distributed by MLS GRID #11725975 Report a problem | ||
| 3/14/2023 | Price change | $378,000-5% |
Source: MRED as distributed by MLS GRID #11725975 Report a problem | ||
| 2/26/2023 | Listed for sale | $398,000+15.4% |
Source: MRED as distributed by MLS GRID #11725975 Report a problem | ||
| 9/14/2021 | Sold | $345,000-8% |
Source: MRED as distributed by MLS GRID #11149196 Report a problem | ||
| 7/20/2021 | Contingent | $375,000 |
Source: MRED as distributed by MLS GRID #11149196 Report a problem | ||
| 7/8/2021 | Listed for sale | $375,000+135.8% |
Source: MRED as distributed by MLS GRID #11149196 Report a problem | ||
| 2/21/1997 | Sold | $159,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,299 +6.5% | $108,212 +6.1% |
| 2023 | $7,791 +10.1% | $102,019 +10.9% |
| 2022 | $7,075 +8% | $91,959 +13.2% |
| 2021 | $6,552 +2.3% | $81,231 +3.4% |
| 2020 | $6,402 +3.1% | $78,522 +0.5% |
| 2019 | $6,211 +3.2% | $78,154 -2.2% |
| 2018 | $6,019 | $79,917 +0.6% |
| 2017 | $6,019 +6.4% | $79,456 +5% |
| 2016 | $5,658 +13.9% | $75,644 +7.6% |
| 2015 | $4,967 +2.2% | $70,281 +16% |
| 2014 | $4,858 +2.5% | $60,613 -0.6% |
| 2012 | $4,739 -13.1% | $60,966 -18.6% |
| 2011 | $5,451 +5.7% | $74,884 -7.2% |
| 2010 | $5,159 +3.5% | $80,672 -5.6% |
| 2009 | $4,985 +3.4% | $85,494 -1% |
| 2008 | $4,821 +12.3% | $86,358 +4.8% |
| 2006 | $4,293 +6.2% | $82,442 |
| 2005 | $4,042 +8.1% | -- |
| 2004 | $3,738 +6.3% | -- |
| 2003 | $3,517 -1.9% | -- |
| 2002 | $3,583 +2.5% | -- |
| 2001 | $3,497 -1.5% | $54,201 +3.8% |
| 2000 | $3,551 | $52,204 |
Find assessor info on the county website
Neighborhood: 60040
Nearby homes
- $--2 bd1 ba700 sqft416 N Central Ave FLOOR 1, Highwood, IL 60040Off Market
- $--2 bd1 ba650 sqft416 N Central Ave #2, Highwood, IL 60040Off Market
- $273,0002 bd2 ba966 sqft410 N Central Ave APT 1A, Highwood, IL 60040Off Market
- $258,5002 bd2 ba967 sqft410 N Central Ave APT 1B, Highwood, IL 60040Off Market
- $275,0002 bd2 ba983 sqft410 N Central Ave APT 2A, Highwood, IL 60040Off Market
- $271,4002 bd2 ba1k sqft410 N Central Ave APT 2B, Highwood, IL 60040Off Market
- $560,800-- bd2 ba2k sqft420 N Central Ave, Highwood, IL 60040Off Market
- $564,900-- bd-- ba-- sqftN Central Ave, Highwood, IL 60040Off Market
Nearby schools
GreatSchools rating
- 7/10Wayne Thomas Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Northwood Jr High SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Highland Park High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Wayne Thomas Elementary School
- Middle: Northwood Junior High School
- High: Highland Park High School
- District: 112
Source: MRED as distributed by MLS GRID. 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
$494,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$494,800
- Illinois
- Lake County
- Highwood
- 60040
- 416 N Central Ave
Nearby cities
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