Residential Income

Highwood, IL Residential Income Properties for Sale

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Highland Park, IL Bannockburn, IL Deerfield, IL
Updated Two-Flat Residential Income
Updated: Jun 17
Updated Two-Flat Residential Income

544 N Central Avenue, Highwood, IL 60040

$679,000
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
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Renovated Housing Facility with Retail
Updated: Jan 27
Renovated Housing Facility with Retail

700 Sheridan Rd, Highwood, IL 60040

Contact for pricing
105 total units: 95 studio units and 10 one‑bedroom units.
Recently renovated interior and exterior.
Includes a 2,100± SF commercial kitchen.
Features a 20,000± SF retail space suitable for grocery operations, restaurants, and similar uses.
Located in Chicago’s North Shore suburbs, between Lake Forest & Highland Park.
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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.

Northbrook Multifamily Investment Opportunity
Northbrook Multifamily Investment Opportunity

3404 Salem walk, Northbrook, IL 60062

$1,250,000

Well-maintained 6-unit building in prime Northbrook location.

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Mixed-Use Building For Sale
Mixed-Use Building For Sale

1650 Willow Road, Northfield, IL 60093

$510,000
2,500 sqft

Retail space with apartments in a good location.

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Mixed-Use Building Near Interstate
Mixed-Use Building Near Interstate

1652 Willow Road, Northfield, IL 60093

$579,000
3,137 sqft

Two-story mixed-use building with retail, office, and apartment.

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Mixed-Use Property with Diversified Income
Mixed-Use Property with Diversified Income

1310 Shermer Rd, Northbrook, IL 60062

Contact for pricing
57,456 sqft

57,456 SF mixed-use property with long-term tenants.

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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.

Highland Park Land For Sale
Highland Park Land For Sale

Patten Road, Highland Park, IL 60035

$1,490,000
1.33 AC lot

1.33 acre commercial land available in Highland Park, Illinois.

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Prime Glenview Lot Opportunity
Prime Glenview Lot Opportunity

3800 Kiess Drive, Glenview, IL 60026

$324,900
0.37 AC lot

Expansive 1/3 acre lot in desirable Glenview neighborhood.

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Northfield Land For Sale
Northfield Land For Sale

118 Dickens Road, Northfield, IL 60093

$1,390,000
1.36 AC lot

1.36 acre commercial land available in Northfield, Illinois.

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Northbrook Land Subdivision Opportunity
Northbrook Land Subdivision Opportunity

3190 Landwehr Road, Northbrook, IL 60062

$1,650,000
1.60 AC lot

Prime 1.6-acre land, potential for subdivision or dream home.

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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.

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
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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
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Highwood, IL Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Highwood, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $679,000.

Sale prices for residential income properties in Highwood, IL start at $0.00, averaging $339,500, and reaching up to $679,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1
Duplexes 1

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

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