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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

Price:
$5,775,000
MLS #:
MRD12336294
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
itasca
Listed Date:
Apr 11, 2025
Year Built:
2020
ItascaItasca

Schools

Interior

Exterior

Stories
3

Financial

Net Operating Income
$290,571
Tax Year
2023
Taxes
$117,480

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Donna is a native of Pennsylvania and has been married to John for 9 years who is a lifelong resident of Lake Wildwood. They have 2 active young boys that enjoy the outdoors. Donna and her family reside at Lake Wildwood; you are sure to find them enjoying Wildwood’s beaches, being social while riding around on their golf cart, or enjoying one of the many outdoor activities and parks at the lake. Previously, Donna owned Tangled Vines Wine Bar and is extremely knowledgeable about the wine indus…

More About Donna
504 Highland Parkway
Itasca, IL

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