25 Webster Ave

2,900 Sq. Ft.
$229 / Sq. Ft.
2,900
Sq. Ft.
$229
per Sq. Ft.

Description

Value add 4-unit residential investment property located in an ideal Highwood location, just one block off Sheridan Road and steps from downtown Highwood's restaurants, shops, and Metra access. The property was updated in 2022 with a combination of mechanical and cosmetic improvements, but there is a lot of upside in further rehab. The unit mix consists of one (1) studio, one (1) one-bedroom, and two (2) two-bedroom units. Units 1 and 2F feature central HVAC, Unit 3 offers central heat with window...Value add 4-unit residential investment property located in an ideal Highwood location, just one block off Sheridan Road and steps from downtown Highwood's restaurants, shops, and Metra access. The property was updated in 2022 with a combination of mechanical and cosmetic improvements, but there is a lot of upside in further rehab. The unit mix consists of one (1) studio, one (1) one-bedroom, and two (2) two-bedroom units. Units 1 and 2F feature central HVAC, Unit 3 offers central heat with window A/C, and Unit 2R includes baseboard electric heat with window A/C. Tenants enjoy shared coin-operated laundry in the basement, a fenced side yard, and on-site parking. This asset offers a compelling opportunity to acquire as-is and operate at a strong in-place financials north of an 8 cap, or execute a value-add strategy by renovating units and pushing rents to market levels. Ideal for investors seeking stable cash flow with upside in a highly desirable North Shore rental market.

Listing Agent

  1. Alissa Morton

    Alissa Morton

    Listing Agent

    Compass

    alissa.morton@compass.com

    P: (847)-363-4566

Property Details for 25 Webster Avenue

Area
Highwood
Township
Moraine
Ownership
Fee Simple
Num Of Parking Spaces
6.0
Heat/Fuel
Natural Gas, Forced Air, Radiant
LISTING UPDATED: 02/06/2026 01:14 PM

Property Details for 25 Webster Avenue

StatusPending
MLS #12545949
Days on Market8
Taxes$13,543 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1920
Lot Size0.11 AC / 4,822 SF
CountyLake County

Location

Add your commute

Building Information for 25 Webster Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.11 AC / 4,822 SF

Payment Calculator

$4,370 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,241

Property Taxes

$1,129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25 Webster Avenue

General Information
School Information
  • Elementary School District: 112
  • High School District: 113
  • Middle Or Junior School District: 112
Addtl Parking Information
  • Parking Details: Yes
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 6
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 4,822 SF
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Construction: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-01-13T15:17:32
  • Photos Count: 25
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $83.00
  • Fuel Expense: $.00
  • Gross Income: $85,492.00
  • Insurance Expense: $2,640.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry,Other
  • Other Expense Source: Combination
  • Trash Expense Source: Actual
  • Trash Expense Year: 2025
  • Water Expense Source: Actual
  • Net Operating Income: $55,768.00
  • Professional Management Expense: $1,800.00
  • Trash Expense: $696.00
  • Water Sewer Expense: $3,387.00
  • Other Expenses $: 7576
Unit 1
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/26
Unit 2
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/27
Unit 3
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/26
Unit 4
  • Unit Type Actual Rent: $1,675.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 06/26

Property History for 25 Webster Avenue

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Pending

MRED #12545949

Jan 20, 2026

Contingent

MRED #12545949

Jan 19, 2026

Temporarily Off Market

MRED #12545949

$665,000
Jan 13, 2026

Listed (Active)

MRED #12545949

$665,000
Jul 25, 2022

Sold

MRED #11383018

$500,000
Jul 18, 2022

Sold (Public Record)

Public Record #1495653447

$500,000
May 26, 2022

Pending

MRED #11383018

May 26, 2022

Contingent

MRED #11383018

May 13, 2022

Listed (Active)

MRED #11383018

$499,000
DateEvent & SourcePrice
01/20/2026

Pending

MRED #12545949

01/20/2026

Contingent

MRED #12545949

01/19/2026

Temporarily Off Market

MRED #12545949

$665,000
01/13/2026

Listed (Active)

MRED #12545949

$665,000
07/25/2022

Sold

MRED #11383018

$500,000
07/18/2022

Sold (Public Record)

Public Record #1495653447

$500,000
05/26/2022

Pending

MRED #11383018

05/26/2022

Contingent

MRED #11383018

05/13/2022

Listed (Active)

MRED #11383018

$499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 Webster Avenue

Taxable ValueLand$77,877Additions$88,773Total$166,650
Tax Record2024$13,695 ($1,141 / month)
Home Facts
Baths4Total Finished SqFt3,516 SqFtAbove Grade Finished SqFt3,516 SqFtStories3Lot Size4,822 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated1946CountyLAKEAPN16-15-214-002

Schools near 25 Webster Avenue

This home is within Twp Hsd 113 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Wayne Thomas Elementary School
PublicK to 5

Northwood Jr High School
Public6 to 8

Highland Park High School
Public9 to 12

Oak Terrace Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/06/2026 01:14 PM. 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.