504 Highland Pkwy Itasca, IL 60143
North Itasca NeighborhoodEstimated payment $41,256/month
About This Home
Highland Parkway Townhomes - Prime Investment Opportunity in Itasca Presenting an exceptional investment opportunity: a portfolio of 11 newer construction luxury townhomes located in the highly sought-after Highland Parkway Subdivision. Each unit features a spacious 3-bedroom, 2.5-bathroom floor plan, meticulously designed to deliver comfort, style, and functionality. The homes boast modern open-concept layouts, highlighted by gourmet kitchens with stainless steel appliances and large islands ideal for both everyday living and entertaining. The main living areas are enhanced with rich hardwood flooring, creating a warm and sophisticated atmosphere. Backing directly onto a picturesque park and tennis courts, residents enjoy a tranquil setting with built-in recreational amenities-perfect for families and outdoor enthusiasts alike. Strategically located just minutes from the Itasca Metra station, major highways, and O'Hare International Airport, this property offers unmatched convenience and connectivity for commuters and travelers. With stable in-place income and the opportunity to increase rents to market levels without capital improvements, this is a turnkey investment with significant upside potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $117,480
Year Built
- Built in 2020
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Additional Parcels
Community Details
Overview
- 11 Units
Building Details
- Operating Expense $155,829
- Gross Income $446,400
- Net Operating Income $290,571
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/11/2025 04/11/25 | For Sale | $5,775,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12336294

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