For Sale5d on marketHistoric · 93 yrs
225 Burchell Ave
Highwood, IL, 60040 • 60040 • Lake County
$382,000
$268/sqft
Down payment assistance available
3Beds
2Baths
1,428Sqft
0.09 acLot
1933Built
Property DNA
Character Home
Built 1933 · 93 years of history
Garage(s)
Garage(s)
2-Car Garage
Asphalt · Garage Door Opener · Yes · Garage Owned · Detached · Owned · Garage
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 5 days ago · 1,725 views · 84 saves
Market activity
Demand and pricing signals for this listing
1,725 views
People checking out this listing
84 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$268/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 17% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1933 · Historic
Discover an incredible opportunity in the heart of downtown Highwood! This 3-bedroom, 2-bath home offers unbeatable location and flexibility, perfect for both investors and owner-occupants. The second floor features 3 spacious bedrooms and a full bath, providing a comfortable and functional living space, while the main level offers great potential to customize or enhance to your vision. Downstairs, you'll find a walk-out unfinished basement complete with an additional bathroom and exterior access to the yard-ideal for future expansion, storage, or added living space. This property is especially attractive for investors, as there is already a month-to-month tenant in place who would love to stay, offering immediate rental income potential. Situated just steps from vibrant downtown Highwood, enjoy easy access to restaurants, shops, Metra, and all the charm this sought-after community has to offer. Please note: many photos are virtually staged to illustrate the home's potential. Don't miss this versatile and well-located property with endless possibilities!
Estimated monthly payment
Based on current rates
$2,382/month
Principal & Interest$1,872
Property Tax$382
Insurance$127
Down payment20% ($76,400)
3%50%
Est. 6.20% rate · 30yr fixed · $305,600 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1933
HeatingSteam, Baseboard
CoolingSmall Duct High Velocity, Window Unit(s)
Parking2 Garage spaces
Lot3,711 sqft
Days on Zillow5 Days
Price/sqft$268
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1933
Stories2
Systems
HeatingSteam, Baseboard
CoolingSmall Duct High Velocity, Window Unit(s)
RoofAsphalt
ConstructionBrick
Water / SewerLake Michigan, Public / Public Sewer
Parking & Outdoor
ParkingAsphalt, Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage
Garage2 spaces
BasementUnfinished,Exterior Entry,Bath/Stubbed,Full
Lot3,711 sqft
Location & Tax
Neighborhood60040
Annual tax$7,669
Parcel1615212009
Bathrooms & Fees
Full baths2
Features & details
9 categories of property features
Interior Features
Appliances
Range
Refrigerator
Freezer
Washer
Dryer
Flooring
Hardwood
Heating
Steam
Baseboard
Cooling
Small Duct High Velocity
Window Unit(s)
Laundry
In Unit
Sink
Accessibility
No Disability Access
Exterior Features
Parking
Asphalt
Garage Door Opener
Yes
Garage Owned
Detached
Owned
Garage
Construction
Brick
Other Structures
Garage(s)
Room details
19 rooms detailed
Master Bedroom
Second12×12 ft144 sqft
Flooring (Carpet)
Bedroom2
Second12×9 ft108 sqft
Flooring (Carpet)
Bedroom3
Second10×8 ft80 sqft
Flooring (Carpet)
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. value$375,300
Est. rent$2,867/mo
Tax rate2.60%
Price/sqft$268
On marketApr 3, 2026
PostedApr 3, 2026
MLS statusActive
MLS updatedApr 8, 2026
Tour days9
Views1,725
Favorites84
How are the schools in Highwood?
3 schools rated nearby
Location
Highwood, IL, 60040
Price history
5 events
DateEventPrice$/sqftSource
Apr 3, 2026Listed For Sale$382,000$268MRED as distributed by MLS GRID
Mar 30, 2026Listing Removed$395,000$277MRED as distributed by MLS GRID
Mar 24, 2026Price Change$395,000$277MRED as distributed by MLS GRID
Mar 1, 2026Price Change$400,000$280MRED as distributed by MLS GRID
Feb 24, 2026Listed For Sale$425,000$298MRED as distributed by MLS GRID
Listed For Sale$382,000
Apr 3, 2026•$268/sqft•MRED as distributed by MLS GRID
Listing Removed$395,000
Mar 30, 2026•$277/sqft•MRED as distributed by MLS GRID
Price Change$395,000
Mar 24, 2026•$277/sqft•MRED as distributed by MLS GRID
Price Change$400,000
Mar 1, 2026•$280/sqft•MRED as distributed by MLS GRID
Listed For Sale$425,000
Feb 24, 2026•$298/sqft•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 9, 2023$7,200$94,326
Apr 9, 2022$5,829$85,024
Apr 9, 2021$5,405$66,964
Apr 9, 2020$5,275$64,731
Apr 9, 2019$5,117$64,428
Apr 9, 2018$5,109$67,875
Apr 9, 2017$5,109$67,484
Apr 9, 2016$4,806$64,246
Apr 9, 2015$4,457$59,690
Apr 9, 2014$4,360$54,390
Apr 9, 2012$3,804$54,707
Apr 9, 2011$4,652$69,749
Apr 9, 2010$5,243$87,871
Apr 9, 2009$5,080$93,123
Apr 9, 2008$4,945$94,064
Apr 9, 2006$4,135$89,799
Apr 9, 2005$3,865—
Apr 9, 2004$3,819—
Apr 9, 2003$3,657—
Apr 9, 2002$3,063—
Apr 9, 2001$3,012$50,207
Apr 9, 2000$3,126$49,469
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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