Sold902d on marketHistoric · 103 yrs
416 N Central Ave
Highwood, IL, 60040 • 60040 • Lake County
$429,820
4Beds
2Baths
0.16 acLot
1923Built
Property DNA
Character Home
Built 1923 · 103 years of history
Outdoor Living
Porch
Garage(s)
Garage(s)
2-Car Garage
Garage Door Opener · On Site · Garage Owned · Detached · Side Apron · Owned · Garage
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
902 days on market
Established listing
About this home
Multi Family · Built 1923 · Historic
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.
Estimated monthly payment
Based on current rates
$2,680/month
Principal & Interest$2,107
Property Tax$430
Insurance$143
Down payment20% ($85,964)
3%50%
Est. 6.20% rate · 30yr fixed · $343,856 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1923
HeatingNatural Gas, Steam
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1923
Systems
HeatingNatural Gas, Steam
RoofAsphalt
ConstructionVinyl Siding
Water / SewerLake Michigan / Storm Sewer
Parking & Outdoor
ParkingGarage Door Opener, On Site, Garage Owned, Detached, Side Apron, Owned, Garage
Garage2 spaces
BasementUnfinished,Partial
Lot6,969 sqft
Location & Tax
Neighborhood60040
ZoningMULTI
Annual tax$6,551
Parcel1615211013
Bathrooms & Fees
Full baths2
Features & details
8 categories of property features
Interior Features
Heating
Natural Gas
Steam
Exterior Features
Parking
Garage Door Opener
On Site
Garage Owned
Detached
Side Apron
Owned
Garage
Construction
Vinyl Siding
Patio & Porch
Porch
Lot Features
Level
Community
Sidewalks
Street Paved
Security
Carbon Monoxide Detector(s)
Other Structures
Garage(s)
Listing insights
Market data and value estimates
StatusSold
Days on market902
Est. value$492,100
Est. rent$2,562/mo
Tax rate2.60%
On marketSep 22, 2023
PostedSep 22, 2023
Last sold$429,820
MLS statusClosed
MLS updatedOct 20, 2023
Tour days6
Views7
How are the schools in Highwood?
3 schools rated nearby
Location
Highwood, IL, 60040
Price history
13 events
DateEventPrice$/sqftSource
Aug 23, 2024Listing Removed$485,000—MRED as distributed by MLS GRID
Aug 17, 2024Listed For Sale$485,000—MRED as distributed by MLS GRID
Oct 20, 2023Sold$429,820—MRED as distributed by MLS GRID
Sep 27, 2023Contingent$450,000—MRED as distributed by MLS GRID
Sep 22, 2023Listed For Sale$450,000—MRED as distributed by MLS GRID
Apr 14, 2023Listing Removed——HomeSmart
Mar 24, 2023Price Change$358,000—MRED as distributed by MLS GRID
Mar 14, 2023Price Change$378,000—MRED as distributed by MLS GRID
Feb 26, 2023Listed For Sale$398,000—MRED as distributed by MLS GRID
Sep 14, 2021Sold$345,000—MRED as distributed by MLS GRID
Jul 20, 2021Contingent$375,000—MRED as distributed by MLS GRID
Jul 8, 2021Listed For Sale$375,000—MRED as distributed by MLS GRID
Feb 21, 1997Sold$159,000—Public Record
Listing Removed$485,000
Aug 23, 2024•MRED as distributed by MLS GRID
Listed For Sale$485,000
Aug 17, 2024•MRED as distributed by MLS GRID
Sold$429,820
Oct 20, 2023•MRED as distributed by MLS GRID
Contingent$450,000
Sep 27, 2023•MRED as distributed by MLS GRID
Listed For Sale$450,000
Sep 22, 2023•MRED as distributed by MLS GRID
Listing Removed—
Apr 14, 2023•HomeSmart
Price Change$358,000
Mar 24, 2023•MRED as distributed by MLS GRID
Price Change$378,000
Mar 14, 2023•MRED as distributed by MLS GRID
Listed For Sale$398,000
Feb 26, 2023•MRED as distributed by MLS GRID
Sold$345,000
Sep 14, 2021•MRED as distributed by MLS GRID
Contingent$375,000
Jul 20, 2021•MRED as distributed by MLS GRID
Listed For Sale$375,000
Jul 8, 2021•MRED as distributed by MLS GRID
Sold$159,000
Feb 21, 1997•Public Record
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$7,791$102,019
Apr 10, 2022$7,075$91,959
Apr 10, 2021$6,552$81,231
Apr 10, 2020$6,402$78,522
Apr 10, 2019$6,211$78,154
Apr 10, 2018$6,019$79,917
Apr 10, 2017$6,019$79,456
Apr 10, 2016$5,658$75,644
Apr 10, 2015$4,967$70,281
Apr 10, 2014$4,858$60,613
Apr 10, 2012$4,739$60,966
Apr 10, 2011$5,451$74,884
Apr 10, 2010$5,159$80,672
Apr 10, 2009$4,985$85,494
Apr 10, 2008$4,821$86,358
Apr 10, 2006$4,293$82,442
Apr 10, 2005$4,042—
Apr 10, 2004$3,738—
Apr 10, 2003$3,517—
Apr 10, 2002$3,583—
Apr 10, 2001$3,497$54,201
Apr 10, 2000$3,551$52,204
Nearby homes
Neighborhood details
Local context around this listing
Highwood, IL • Lake County
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
60040
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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