Highwood, IL Multifamily properties for sale

Updated: Apr 11

2-Unit Residential Income Property

124 South Central Avenue, Highwood, IL 60040

$549,000

1,680 sqft

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

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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 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 1 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.

Updated Duplex in Desirable Location

1426 Chippewa Trail, Wheeling, IL 60090

$380,000

1,984 sqft

Spacious, updated 4-bedroom duplex with modern amenities and convenient location.

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Sandpebble Walk Condo with Balcony

1550 Sandpebble Drive #307, Wheeling, IL 60090

$215,000

1,280 sqft

Spacious 2-bedroom condo with balcony and community amenities.

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Four-Unit Quadplex with Rental Income

1801 Glenn Dr, North Chicago, IL 60064

$161,000

North Chicago multifamily property with two leased units and additional space requiring resolution of cited occupancy issues.

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Two-Unit Frame Duplex

706 BROADWAY Avenue, North Chicago, IL 60064

$246,900

0.07 AC lot

Each dwelling includes three bedrooms, a full bathroom, an eat-in kitchen, and a formal living room.

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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

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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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.

APARTMENT HOUSE (UNDER 5 UNITS)

740 Sheridan Rd, Highwood, IL 60040-1000

Estimated value:

$435,000

9,430 sqft 0.17 AC lot

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Multifamily properties

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

Estimated value:

by Request

30,000 sqft

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Highwood, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Highwood, IL on our real estate platform. These investment opportunities span a total of 1,680 square feet of properties for sale, with an estimated market value of $549,000.

Sale prices for multifamily properties in Highwood, IL average $549,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60040	$549K

Neighborhood

Average Price

60040

$549K

Highwood, IL Multifamily Properties for Sale

124 South Central Avenue, Highwood, IL 60040