Contact us: 563.441.1776
Description
Exceptional investment opportunity in the heart of downtown ! Perfectly situated on a quiet one-way street within the city's vibrant business district, this beautifully maintained and newly remodeled three-flat has been thoughtfully updated from top to bottom. Each unit showcases stylish new kitchens and baths with modern cabinetry, quartz countertops, updated lighting and fixtures, new tile, most new appliances, refinished hardwood floors, luxury vinyl plank flooring, and durable epoxy flooring. Major exterior improvements include a newer roof, siding, and gutters for added peace of mind. The spacious first-floor unit features three bedrooms, one and a half baths, a bright living area, a versatile den or office, and a private laundry room. The second floor has two units, each are one-bedroom, one-bath units, each with comfortable living areas, plus shared laundry conveniently located on the first floor. A fully fenced yard and ample parking complete the property. Just blocks from the Metra train, dining, shopping, parks, bike paths, and beautiful -and with quick access to Route 41/94 and the tollway-this multi-unit property offers outstanding rental income potential, future redevelopment possibilities, and a rare chance to own a turnkey asset in one of the North Shore's most dynamic communities. Quick close available. PLEASE NOTE PHOTOS ARE VIRTUALLY STAGED
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 5
Bathrooms: 4
County: Lake
High School: Highland Park High School
Listed By:
Baird & Warner
773-697-5555
MRED MLS
MLS ID: 12578540
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43 Clay Avenue, Highwood, IL 60040.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $800,000 | $800,000 | $800,000 |
| Down Payment | $160,000 | $28,000 | $200,000 |
| Monthly Mortgage Amount | $3,735 | $4,584 | $4,863 |
| Taxes | $1113 | $1113 | $1113 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $352 | $0 |
| Monthly Estimated Total | $5,081 | $6,282 | $6,209 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 03/15/2026. The listing information on this page last changed on 03/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/15/2026 12:44:58 AM EST) or MRED MLS (last updated Sun 03/15/2026 12:39:44 AM EST) or SCWMLS (last updated Sat 03/14/2026 11:54:47 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 03/14/2026 10:15:29 PM EST) or Cedar Rapids MLS (last updated Sat 03/14/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sun 03/15/2026 12:38:42 AM EST) or ICAAR MLS (last updated Sat 03/14/2026 11:37:34 PM EST) or ECIMLS (last updated Sat 03/14/2026 11:44:13 PM EST) or RMLSA (last updated Sun 03/15/2026 12:40:56 AM EST) or Muscatine MLS (last updated Sun 03/15/2026 12:30:23 AM EST) or No Coast MLS (last updated Sun 03/15/2026 12:34:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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