For more information regarding the value of a property, please contact us for a free consultation.
7920 North DR Highland, IN 46322
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $356,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,744 sqft
Price per Sqft $45
Subdivision Homestead Gardens Master Add
MLS Listing ID 842290
Sold Date 08/27/26
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1967
Annual Tax Amount $6,254
Tax Year 2024
Lot Size 7,744 Sqft
Acres 0.1778
Property Sub-Type Duplex
Property Description
Excellent investment opportunity in the heart of Highland! This fully leased duplex features one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, offering approximately 2,202 total square feet. Built in 1967, the property generates 3,135 per month (37,620 annually) with leases in place through 2026 and 2027, providing immediate, stable cash flow. Market rents offer additional upside potential. Owner pays gas, water, sewer, and trash; tenants pay electric, lawn care, and snow removal. Conveniently located near major highways, shopping, dining, and the Illinois state line, making it an attractive rental location.
Location
State IN
County Lake
Interior
Interior Features None
Heating Baseboard
Fireplace N
Appliance Gas Range, Refrigerator, Microwave
Exterior
Parking Features Driveway, Detached
Garage Spaces 2.5
View Y/N true
View Neighborhood
Building
Lot Description Back Yard
Story Bi-Level
Sewer Public Sewer
Water Public
Level or Stories Bi-Level
Others
Tax ID 450715351027000026
SqFt Source Assessor
Acceptable Financing NRA20260714210032388759000000
Listing Terms NRA20260714210032388759000000
Financing Conventional
Pets Allowed Yes
Read Less
Bought with Coldwell Banker Realty
Nearby Locations
GET MORE INFORMATION