LEGAL 3 FLAT W/UPDATED INDIVIDUAL ELECTRIC & HOT WATER TANKS. LONG TIME TENANTS WILLING TO SIGN LEASES. NEWER WINDOWS. POSITIVE CASH FLOW. CAN BE PURCHASED WITH 546 GREENBAY FOR A TOTAL OF 26510 SQ FT. 8.78 % CAP RATE. 48 HR NOTICE. WALK TO METRA. ZONED BUSINESS. SOLD "AS iS" CONDITION.
Sold for $440,000
$440,000
542 Green Bay Rd, Highwood, IL 60040
6beds
3baths
2,664sqft
MultiFamily
Built in 1923
-- sqft lot
$445,900 Zestimate®
$165/sqft
$2,947 Estimated rent
Home value
$445,900
$406,000 - $490,000
$2,947/mo
Zestimate® history
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$3,405/mo
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$3,405/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced air
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,664 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Lot
- Size: 6,621 Square Feet
Details
- Parcel number: 1615207028
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1923
Community & HOA
Location
- Region: Highwood
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $405,748
- Annual tax amount: $10,996
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $440,000+120%$165/sqft |
Source: Public Record Report a problem | ||
| 3/25/2015 | Sold | $200,000-42.8%$75/sqft |
Source: Public Record Report a problem | ||
| 10/7/2011 | Listing removed | $349,900$131/sqft |
Source: Century 21 M.B. Real Estate Report a problem | ||
| 8/8/2011 | Listed for sale | $349,900$131/sqft |
Source: Century 21 M.B. Real Estate Report a problem | ||
| 6/6/2010 | Listing removed | $349,900$131/sqft |
Source: CENTURY 21 M.B. Real Estate #07232187 Report a problem | ||
| 6/6/2009 | Listed for sale | $349,9000%$131/sqft |
Source: CENTURY 21 M.B. Real Estate #07232187 Report a problem | ||
| 6/13/2006 | Sold | $350,000+133.3%$131/sqft |
Source: Public Record Report a problem | ||
| 4/14/2003 | Sold | $150,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,996 +6.5% | $143,444 +6.1% |
| 2023 | $10,323 +25.6% | $135,236 +10.9% |
| 2022 | $8,216 +7.8% | $121,900 +29.2% |
| 2021 | $7,620 +2.5% | $94,379 +3.5% |
| 2020 | $7,435 +3.1% | $91,231 +0.5% |
| 2019 | $7,213 +8.1% | $90,804 +2.4% |
| 2018 | $6,675 | $88,662 +0.6% |
| 2017 | $6,675 +6.3% | $88,150 +5% |
| 2016 | $6,277 -7.9% | $83,920 +7.6% |
| 2015 | $6,816 +2.2% | $77,971 -6.2% |
| 2014 | $6,666 +2.5% | $83,166 -0.6% |
| 2012 | $6,503 -1.1% | $83,651 -7.4% |
| 2011 | $6,574 -1.9% | $90,322 -13.8% |
| 2010 | $6,698 +3.5% | $104,749 -5.6% |
| 2009 | $6,473 +3.4% | $111,010 -1% |
| 2008 | $6,260 -18.5% | $112,132 +4.7% |
| 2006 | $7,677 +6.3% | $107,048 |
| 2005 | $7,220 +8.7% | -- |
| 2004 | $6,645 +6.3% | -- |
| 2003 | $6,250 +13.7% | -- |
| 2002 | $5,496 +2.3% | -- |
| 2001 | $5,374 +27.2% | $83,325 +34.2% |
| 2000 | $4,223 | $62,103 |
Find assessor info on the county website
Neighborhood: 60040
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Nearby schools
GreatSchools rating
- 7/10Wayne Thomas Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Northwood Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Highland Park High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$445,900
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
$445,900
- Illinois
- Lake County
- Highwood
- 60040
- 542 Green Bay Rd