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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12336294MLS Provider

504 Highland ParkwayItasca, IL 60143

Commercial · 3 Beds
$5,775,000 Active

504 Highland Parkway Overview

Time on Site:
445 days
Visits:
10

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.

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504 Highland Parkway Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 446400
  • Gross Scheduled Income: 446400
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 290571
  • Operating Expense: 155829
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2020

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Itasca

Tax Information

  • Tax Annual Amount: $117,480.00
  • Tax Year: 2023

General Information

  • Parcel Number: 0212402028
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 51400

General Information

  • Number Of Units Total: 11

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 11

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Units Total: 0

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

504 Highland Parkway Neighborhood

Community

60143 (Itasca) Demographics

48
Median Age
1,607
Population Density (per sq. mile)
50%
College Educated
$103,118
Estimated Median Income
3,539
Estimated Total Home Owners
1,039
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

504 Highland Parkway Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

504 Highland Parkway Market Data

Based on the last 30 days in this zip code

$535,792
Average List Price
$233
Average Price per Square Foot
10
Properties Sold
40
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

504 Highland Parkway History

Date Event Value Agent
4/18/2026Source: MRED Status Change
Active
4/13/2026Source: MRED Status Change
Re-activated
4/16/2025Source: MRED Status Change
Active
4/11/2025Source: MRED Added to Database
April 11, 2025