247 Highwood Avenue

Highwood, IL
$ 550,000 Beds 4 Baths 2 Sq 1,500
Monthly Estimate* How much can I afford?

Totally updated in 2025 and move-in ready, this charming ranch blends single-level living with a fully finished basement - and serious income potential. The main level features an open kitchen with breakfast/office space, a comfortable living room, two bedrooms, and a full bath with walk-in shower, all on beautiful hardwood floors. The finished lower level adds a second full bath with tub, laundry, and a bedroom with attached bonus room - perfect as a second bedroom, nursery, or flex space - with potential for a separate hall entrance, ideal for an Airbnb or short-term rental (check local zoning rules). Updates include new heat/A/C and appliances (2026), sump pump (2025), and roof (2022), plus a brick driveway for three cars and a two-car garage. Turnkey, flexible, and investor-friendly! Available fully furnished! See floor plans to see forth bedroom option. Currently the fourth bedroom is a walk through.

Active

  • Price
  • $ 550,000
  • City
  • Highwood
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Highwood
  • Lot Size
  • 0.15 Acres
  • Zip
  • 60040
  • Sqr Footage
  • 1,500
  • Year Built
  • 1950
  • Taxes
  • $ 7444
  • Style
  • MLS#
  • 12727506
Listed By: Baird & Warner
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1500
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Wall Unit(s)
Possession Closing
Roof Asphalt
Appliances Range,Microwave,Refrigerator,Freezer,Washer,Dryer,Stainless Steel Appliance(s),Gas Cooktop
Garage Spaces 2
Association Fee Includes None
Construction Materials Stucco
Year Built 1950
Township Moraine
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction No
Property Type Residential
Total Rooms 7
Full Baths 2
Status Active
Directions GREENBAY RD NORTH OF RT 22 TO HIGHWOOD AVE WEST TO HOUSE
High School Highland Park High School
City Highwood
High School District 113
MLS Area Highwood
Elementary School Wayne Thomas Elementary School
Tax Annual Amount 7444.66
Middle/Junior High School Northwood Junior High School
Additional Parcels Y/N No
Standard Status Active
Middle/Junior School District 112
Elementary School District 112
Property Type Detached Single

Interior Features

Interior Amenities 1st Floor Bedroom,1st Floor Full Bath,Quartz Counters
Basement Finished,Exterior Entry,Bath/Stubbed,Full
Flooring Hardwood,Laminate
Laundry Features In Unit
Total Bedrooms 2
Below Grade Finished Area 700
Room Type Enclosed Porch
LivingAreaSource Estimated
Total Baths 2
Bedrooms Possible 4
Bathroom Separate Shower

Exterior Features

Model RANCH
Parking Features Brick Driveway,Garage Door Opener,Yes,Garage Owned,Detached,Garage
Lot Features None
Water Source Lake Michigan,Public
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 40X148.57
Lot Size Acres 0.15
Waterfront Y/N No
Other Equipment Sump Pump

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dekalb, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Wayne Thomas Elementary School
Middle School Northwood Junior High School
High School Highland Park High School

Price History

8/7/2026 Listed $600,000
9/5/2026 9% - $550,000

Property vs Zip Code Average in 60040

Price
AVG $940K
$550K
Taxes
AVG $10,732
$7,444
Year Built
AVG 1983
1950
Visits
AVG 42
47
Data Provided by Inside Real Estate®

Areas That We Cover

247 Highwood Avenue Highwood, IL is a Single Family Home for sale at $550000 with 1500 sqft and a lot size of 0.15 Acres Acre(s). 247 Highwood Avenue Highwood has 4 bedrooms, 2 baths and was built in 1950. The property's zip code is 60040 which is in Highwood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.