Rare opportunity to own a beautifully updated two-flat, ideal for investors or owner-occupants seeking rental income. The spacious first-floor unit features an expanded kitchen with a large island, a new mudroom off the side entrance, 9-foot ceilings, hardwood floors throughout the living areas, a convenient laundry closet, three bedrooms, and a fully remodeled bathroom with walk-in shower. Two versatile front rooms provide the perfect space for home offices, a playroom, or additional flex living areas, while the sun-filled living room creates a warm and inviting atmosphere. The second-floor unit is currently leased for $2,500 per month through September 2027, offering immediate and reliable income with a wonderful tenant who would love to remain. Accessed through a seperate entrance the 2nd floor unit has an updated kitchen and bathroom, its own laundry room, and access to a private balcony. A clean, and dry basement provides abundant storage space, and extensive updates throughout both units make this a truly turnkey, low-maintenance investment. A detached two-car garage adds convenience and value. Located in the vibrant community of Highwood, enjoy highly regarded schools, close proximity to Lake Michigan, popular restaurants, year-round festivals, Metra access, and easy commuting via major highways. If you’re looking to expand your investment portfolio, this exceptional property offers flexibility, strong cash flow potential, and an outstanding location.
Property Details
Price:
$679,000
MLS #:
MRD12662351
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
highwood
Listed Date:
Jun 18, 2026
Year Built:
1919
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
Exterior
Architectural Style
American 4-Sq.
Construction Materials
Aluminum Siding
Exterior Features
Balcony
Garage Spaces
2
Lot Features
Corner Lot
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage
Parking Spots
3
Parking Total
3
Roof
Asphalt
Financial
Tax Year
2025
Taxes
$11,482
Map
Community
- Address544 N Central Avenue Highwood IL
- CityHighwood
- CountyLake
- Zip Code60040
Market Summary
Current real estate data for Multi Family in Highwood as of Jun 20, 2026
5
Multi Family Listed
53
Avg DOM
$691,600
Avg List Price
Property Summary
- 544 N Central Avenue Highwood IL is a Multi Family for sale in Highwood, IL, 60040. It is listed for $679,000
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Copyright 2026. All rights reserved.
544 N Central Avenue
Highwood, IL


