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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12654067MLS Provider

124 S Central AvenueHighwood, IL 60040

Multi-Family · 4 Beds
$599,000 Active

124 S Central Avenue Overview

Time on Site:
20 days
Visits:
0

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.

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124 S Central Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 113
  • Elementary School: Wayne Thomas Elementary School
  • Middle Or Junior School: Northwood Junior High School
  • High School: Highland Park High School

Income/Expenses

  • Gross Income: 34800

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Highwood
  • Township: Moraine

Tax Information

  • Tax Annual Amount: $10,425.00
  • Tax Year: 2024

General Information

  • New Construction: No
  • Ownership: Fee Simple
  • Parcel Number: 16154190180000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Baseboard
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Attached, Owned, Garage
  • Parking Total: 5

Lot Information

  • Lot Size Dimensions: 150x96x300x85
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1450
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1450
  • Beds Total: 2
  • Baths Total: 1

124 S Central Avenue Neighborhood

Community

60040 (HIGHWOOD) Demographics

35
Median Age
7,476
Population Density (per sq. mile)
43%
College Educated
$74,875
Estimated Median Income
777
Estimated Total Home Owners
1,190
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

124 S Central Avenue Monthly Cost

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$ %
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$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

124 S Central Avenue Market Data

Based on the last 30 days in this zip code

$732,000
Average List Price
$324
Average Price per Square Foot
1
Properties Sold
68
Average Days on Market
7
Properties for Sale
Calculations provided by Reliance Network

124 S Central Avenue History

Date Event Value Agent
6/9/2026Source: MRED Added to Database
June 09, 2026