Advertise
    Highwood, IL
    Multifamily

    Highwood, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Highland Park, IL Bannockburn, IL Deerfield, IL Lake Forest, IL Lincolnshire, IL Lake Bluff, IL Riverwoods, IL Northbrook, IL
    2-Unit Residential Income Property
    Updated: May 22
    2-Unit Residential Income Property

    124 S Central Avenue, Highwood, IL 60040

    Contact for pricing
    Ranch‑style 2‑flat with two 2‑bed, 1‑bath units
    Each unit includes oversized garage parking plus tons of storage
    Basement features laundry and additional storage
    Zoned as multi unit—includes tear down and build opportunity to develop or improve/expand
    Year built: 1950
    View details
    Updated Two-Flat Residential Income
    Updated: Jun 17
    Updated Two-Flat Residential Income

    544 N Central Avenue, Highwood, IL 60040

    Contact for pricing
    Updated two‑flat (2‑unit) built in 1919 with separate entrances for each unit
    Second‑floor unit is leased at $2,500/month through September 2027
    First‑floor unit features expanded kitchen with large island, new mudroom, 9‑foot ceilings, hardwood floors, and 3 bedrooms
    Both units have updated kitchens and bathrooms, plus in‑unit laundry (including first‑floor laundry closet and second‑floor laundry room)
    Detached two‑car garage and a clean, dry basement offering storage space
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Highwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Residential Building
    Mixed-Use Residential Building

    3556 WESTERN Avenue, Highland Park, IL 60035

    $3,500,000

    Mixed-use building with two commercial spaces, six 2-bedroom residential units, and 18 parking spaces near Fort Sheridan Metra.

    View details
    Two-Unit Duplex with Parking Lot
    Two-Unit Duplex with Parking Lot

    636 Homewood Avenue, Highland Park, IL 60035

    Contact for pricing

    Each 2-bedroom, 1-bath unit includes a basement, with long-term tenants and a large on-site parking lot.

    View details
    All-Brick Six-Unit Multifamily Building
    All-Brick Six-Unit Multifamily Building

    269 7th Street, Wheeling, IL 60090

    Contact for pricing

    All-brick six-unit building with three 2-bedroom and three 1-bedroom units, all currently occupied.

    View details
    Income-Generating Multifamily with Parking
    Income-Generating Multifamily with Parking

    300 7th St, Wheeling, IL 60090

    Contact for pricing

    Well-maintained, fully occupied multifamily property with 12+ parking spaces and straightforward utility expense structure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

    View details

    Off-Market Properties in Highwood, IL

    Consider similar Off-Market properties in Highwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    740 Sheridan Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    740 Sheridan Rd, Highwood, IL 60040-1000

    $1,200,000
    Estimated value
    9,430 sqft 0.17 AC lot
    View details
    49-105 Pr Ave. And Burtis Ave
    Multifamily properties

    49-105 Pr Ave. And Burtis Ave, Highwood, IL 60040

    Value Estimation by Request
    30,000 sqft
    View details

    Highwood, IL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Highwood, IL on our real estate platform.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 5,243
    Population Growth (5Y) -2.3%
    Median Household Income $101,862
    College Educated 57.0%

    High-Yield Neighborhoods for Investment

    Identify Highwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60040 $679K

    Taxes & Financing

    Tax Rate (average for all types) 6.35%
    Property Tax per SF $24.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Highwood, IL

    Popular Searches in Highwood, IL

    Popular Categories

    Most Searched ZIP Codes in Highwood, IL

    • 60040

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!