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Classic Stucco Duplex
New
For Sale
$699,000

240 & 242 Highwood Avenue, Highwood, IL 60040

Two-story units feature separate dining rooms, hardwood flooring, basement storage, and private outdoor patios.

Property SizeContact for details
Days on Market4

Property Features for 240 & 242 Highwood Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income
Zoning MULTI

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,968

Amenities

laundry rooms
storage rooms
concrete patios
cedar fence

Building Details

Year Built 1930
Buildings 1
Construction stucco
Listing Agency: @properties Christie's International Real Estate
Listed By: Cory Albiani · License #475124356
Source: Midwestrealestate
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 17 at 10:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This 1930-built duplex includes two separate two-story residences, each with 3 bedrooms, 1.5 bathrooms, and an additional 1/2 bath in the basement. Both units feature hardwood floors, living and dining rooms, kitchens, first-floor powder rooms, laundry areas, and basement storage. Arched details and textured plaster contribute to the building’s classic architectural character.

The property includes a backyard with concrete patios and a recently installed cedar fence. Located in Highwood, the duplex is near the post office, Metra, parks, public library, and area restaurants. The property is zoned MULTI and is offered As-Is.

Key Highlights

  • Two‑unit duplex built in 1930
  • Each residence has 3 bedrooms, 1.5 bathrooms, and an additional 1/2 bath in the basement
  • Hardwood flooring, arched details, and textured plaster throughout the residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Furniture & Home Goods Law Firm Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 60040, IL

5,102
Population
1,969
Households
2.6
Avg Household Size
37
Median Age
38%
College-Educated
80%
High-School Grad
0.8 sq mi
ZIP Area
6,378
Density / Sq Mi
$101,862
Median Household Income
$41,361
Median Earnings
$1,800
Median Rent
$454,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story units feature separate dining rooms, hardwood flooring, basement storage, and private outdoor patios.
Where is this duplex located?
The property is located at 240 & 242 Highwood Avenue Highwood, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1930; Each residence has 3 bedrooms, 1.5 bathrooms, and an additional 1/2 bath in the basement; Hardwood flooring, arched details, and textured plaster throughout the residences
More about this property
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