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Contingent
  • $679,000

    544 N Central Ave, Highwood, IL 60040

    6beds
    --sqft
    : 
    $4,961/mo
    Get pre-qualified
    Multi Family
    Built in 1919
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Three bedroomsConvenient laundry closet
    Rare opportunity to own a beautifully updated two-flat, ideal for investors or owner-occupants seeking rental income. The spacious first-floor unit features an expanded kitchen with a large island, a new mudroom off the side entrance, 9-foot ceilings, hardwood floors throughout the living areas, a convenient laundry closet, three bedrooms, and a fully remodeled bathroom with walk-in shower. Two versatile front rooms provide the perfect space for home offices, a playroom, or additional flex living areas, while the sun-filled living room creates a warm and inviting atmosphere. The second-floor unit is currently leased for $2,500 per month through September 2027, offering immediate and reliable income with a wonderful tenant who would love to remain. Accessed through a seperate entrance the 2nd floor unit has an updated kitchen and bathroom, its own laundry room, and access to a private balcony. A clean, and dry basement provides abundant storage space, and extensive updates throughout both units make this a truly turnkey, low-maintenance investment. A detached two-car garage adds convenience and value. Located in the vibrant community of Highwood, enjoy highly regarded schools, close proximity to Lake Michigan, popular restaurants, year-round festivals, Metra access, and easy commuting via major highways. If you're looking to expand your investment portfolio, this exceptional property offers flexibility, strong cash flow potential, and an outstanding location.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Peggy Glickman 847-892-4800,

    @properties Christie's International Real Estate,

    Michael Glickman,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12662351MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Bathroom
      • Features: Accessible Shower
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Exterior features: Balcony
      Lot
      • Size: 6,312 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 16152060070000
      • Zoning: MULTI
      • Special conditions: List Broker Must Accompany

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: American 4-Sq.
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1919
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Highwood

      Financial & listing details

      • Tax assessed value: $403,643
      • Annual tax amount: $11,482
      • Date on market: 6/19/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/5/2024Sold$441,000+7.6%
        Source: MRED as distributed by MLS GRID #11942307 Report a problem
        12/14/2023Contingent$409,900
        Source: MRED as distributed by MLS GRID #11942307 Report a problem
        12/7/2023Listed for sale$409,900+36.6%
        Source: MRED as distributed by MLS GRID #11942307 Report a problem
        10/25/2023Sold$300,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,940 +22.7%$142,701 +6.1%
        2023$8,916 +13.9%$134,534 +10.9%
        2022$7,825 +20.8%$121,267 +20.2%
        2021$6,477 +2.4%$100,878 +0.6%
        2020$6,325 +4%$100,256 +0.5%
        2019$6,084 +3.5%$99,787 -0.9%
        2018$5,877 $100,741 +0.6%
        2017$5,877 -5.9%$100,160 +5%
        2016$6,247 +16.5%$95,354 +7.6%
        2015$5,363 -5.1%$88,596 +15.9%
        2014$5,649 +2.2%$76,442 -0.6%
        2012$5,528 -16.6%$76,888 -20.6%
        2011$6,627 -12.3%$96,873 -21.9%
        2010$7,556 +3.3%$124,039 -5.6%
        2009$7,315 +2.9%$131,453 -1%
        2008$7,106 +9.3%$132,781 +4.7%
        2006$6,504 +6.7%$126,760
        2005$6,094 +5.9%--
        2004$5,753 +5.1%--
        2003$5,476 +19.5%--
        2002$4,581 +2.6%--
        2001$4,465 -3.9%$72,719 +1.2%
        2000$4,647 $71,837
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60040

        Getting around

        83 / 100
        Very Walkable
        74 / 100
        Very Bikeable

        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
        • 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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