Residential Income

Highwood, IL Residential Income Properties for Sale

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Highland Park, IL Bannockburn, IL Deerfield, IL Lake Forest, IL Riverwoods, IL Lincolnshire, IL Northbrook, IL Wilmette, IL
Classic Stucco Duplex
Updated: Aug 15
Classic Stucco Duplex

240 & 242 Highwood Avenue, Highwood, IL 60040

$699,000
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
Separate living rooms, dining rooms, kitchens, laundry rooms, and basement storage
Backyard with concrete patios and recently installed cedar fence
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2-Unit Residential Income Property
Updated: May 22
2-Unit Residential Income Property

124 S Central Avenue, Highwood, IL 60040

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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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Updated Two-Flat Residential Income
Updated Two-Flat Residential Income

544 N Central Avenue, Highwood, IL 60040

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Turnkey two-unit property with updated interiors, in-unit laundry, and separate entrances, plus a detached two-car garage.

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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 13 Potential Opportunities for your consideration. Besides 3 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.

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Two-Unit Duplex with Parking Lot
Two-Unit Duplex with Parking Lot

636 Homewood Avenue, Highland Park, IL 60035

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

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All-Brick Six-Unit Multifamily Building
All-Brick Six-Unit Multifamily Building

269 7th Street, Wheeling, IL 60090

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

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Income-Generating Multifamily with Parking
Income-Generating Multifamily with Parking

300 7th St, Wheeling, IL 60090

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

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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.

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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Land Lot with Partial Lake View
Land Lot with Partial Lake View

312 Oak Street, Waukegan, IL 60085

Contact for pricing
0.16 AC lot

Buildable lot with partial Lake Michigan views and updated surveyed dimensions near the lakefront and downtown.

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Vacant Lot in Morton Grove
Vacant Lot in Morton Grove

9216 Ozark Avenue, Morton Grove, IL 60053

$289,900

Vacant lot for new construction in desirable Morton Grove.

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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

$435,000
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 5 residential income properties for sale in Highwood, IL, showcased through 3 active listings on our real estate platform.

Sale prices for residential income properties in Highwood, IL average $699,000 — 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

Duplexes 3
Multifamily properties 3

Demographics Overview

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

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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