Active Under Contract

$679,000

544 Central Avenue, Highwood, IL 60040
6 Beds2 Baths8 days
544 Central Avenue·Highwood, IL 60040
6Bedrooms
2Bathrooms
1919Year Built
About This Home

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.

MLS# 12662351Listed June 18, 2026Residential IncomeAmerican 4-Sq.
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1919
Lot Size6312sf

Location

CountyLake
TownshipMoraine
Zip Code60040

Financial

List Price$679,000
Annual Taxes (2025)$11,482
Monthly Tax Est.$957
Parcel #16152060070000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Aluminum Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Balcony

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedOwnedGarage
Schools
Elementary
Wayne Thomas Elementary School
District: 112
Middle School
Northwood Junior High School
District: 112
High School
Highland Park High School
District: 113
Tax & Financial
Annual Taxes
$11,482
Tax Year 2025
Monthly Tax Est.
$957
per month
Property Location

544 Central Avenue, Highwood, IL 60040Lake County

$679,000
544 Central Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
6312sf
$11,482/yr taxes
$4,525
estimated monthly payment
Principal & Interest
$3,568/mo
Property Tax
$957/mo
$679,000
20% — $135,800
3%50%
6.875%
3%12%
Loan Amount
$543,200
Down Payment
$135,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Peggy Glickman
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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