$549,000

124 S Central Avenue, Highwood, IL 60040

Active

4 beds 0 baths Built 1950 Residential Income MLS #MRD12654067 90 days on market

Listing courtesy of Compass · 847-379-5898 · MLS #MRD12654067 · Status: Active

Calling all investors & rehabbers- fabulous or opportunity for existing ranch style 2 flat in booming Highwood. Each unit is 2 beds, 1 bath, oversized garage parking and tons of storage, laundry in basement. Property is zoned as multi unit, so tear down and built opportunity available- tons of space to develop the land or improve/expand existing property.

Property details

Interior

Basement: Unfinished, Full
Total rooms: 8

Building & exterior

Age: 71-80 Years
Exterior: Brick

Parking

Garage spaces: 2
Total spaces: 5
Parking details: Yes, Garage Owned, Attached, Owned, Garage

Lot & location

Lot dimensions: 150x96x300x85
Township: Moraine
County: Lake

Utilities

Heating: Baseboard
Water: Lake Michigan
Sewer: Public Sewer
Equipment: Ceiling Fan(s)

Schools

Elementary: Wayne Thomas Elementary School (112)
Junior high: Northwood Junior High School (112)
High school: Highland Park High School (113)

Taxes & terms

Annual taxes: $10,425 (2024)
Parcel number (PIN): 16154190180000
PIN: 16154190180000
Ownership: Fee Simple
Possession: Closing
Special conditions: None
Listed: 5/22/2026

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Price

Down payment %

Rate %

Term (years)

Taxes ($/yr)

Insurance ($/mo)

HOA ($/mo)

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment

Principal & interest

Property taxes

Insurance

PMI (under 20% down)

HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$445,000

3 bd · 1 ba · 1,263 sqft

125 S Central Avenue, Highwood, IL 60040

$699,000

6 bd · 0 ba

240 & 242 Highwood Avenue, Highwood, IL 60040

$600,000

2 bd · 2 ba · 1,500 sqft

247 HIGHWOOD Avenue, Highwood, IL 60040

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.