Itasca, IL 60143 504 Highland Parkway

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Presented By: Coldwell Banker Realty
  • MLS# 12336294
  • 04/11/2025
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Home Details

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.
Presented By: Coldwell Banker Realty

General for 504 Highland Parkway

Additional Parcels Y/NYes
Cap Rate5
CityItasca
CountyDuPage
DirectionsFrom Irving Park Rd and N Rohlwing Rd - South on N Rohlwing, right at Highlands Ave
Electric Expense
Fuel Expense
Gross Income446400
Insurance Expense
MLS AreaItasca
MaintenanceExpense
ModificationTimestamp2025-04-17T05:07:28.770Z
Net Operating Income290571
Number Of Units Total11
Operating Expense155829
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount117480
Tax Year2023
Trash Expense0
Water Sewer Expense0
Year Built2020

Exterior for 504 Highland Parkway

Lot Dimensions51400

Additional Details

Price History

Client Care

Price $5,775,000
MLS#12336294
List Date 04/11/2025
Property Type Multi-Family
Phone 847.485.2500
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