Exceptional investment opportunity in the heart of downtown ! Perfectly situated on a quiet one-way street within the city’s vibrant business district, this beautifully maintained and newly remodeled three-flat has been thoughtfully updated from top to bottom. Each unit showcases stylish new kitchens and baths with modern cabinetry, quartz countertops, updated lighting and fixtures, new tile, most new appliances, refinished hardwood floors, luxury vinyl plank flooring, and durable epoxy flooring. Major exterior improvements include a newer roof, siding, and gutters for added peace of mind. The spacious first-floor unit features three bedrooms, one and a half baths, a bright living area, a versatile den or office, and a private laundry room. The second floor has two units, each are one-bedroom, one-bath units, each with comfortable living areas, plus shared laundry conveniently located on the first floor. A fully fenced yard and ample parking complete the property. Just blocks from the Metra train, dining, shopping, parks, bike paths, and beautiful -and with quick access to Route 41/94 and the tollway-this multi-unit property offers outstanding rental income potential, future redevelopment possibilities, and a rare chance to own a turnkey asset in one of the North Shore’s most dynamic communities. Quick close available. PLEASE NOTE PHOTOS ARE VIRTUALLY STAGED
Property Details
Price:
$775,000
MLS #:
MRD12578540
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Neighborhood:
highwood
Listed Date:
Feb 27, 2026
Year Built:
1933
See this Listing
Schools
School District:
113
Elementary School:
Wayne Thomas Elementary School
Middle School:
Northwood Junior High School
High School:
Highland Park High School
Interior
Heating
Natural Gas, Forced Air, Steam
Exterior
Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
6
Parking Total
6
Financial
Tax Year
2024
Taxes
$8,730
Map
Community
- Address43 Clay Avenue Highwood IL
- CityHighwood
- CountyLake
- Zip Code60040
Market Summary
Current real estate data for Multi Family in Highwood as of Jun 15, 2026
4
Multi Family Listed
61
Avg DOM
$694,750
Avg List Price
Property Summary
- 43 Clay Avenue Highwood IL is a Multi Family for sale in Highwood, IL, 60040. It is listed for $775,000
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Copyright 2026. All rights reserved.
43 Clay Avenue
Highwood, IL


