
Property Attributes
- MLS#11865685
- TypeMulti-Family
- CountyCOOK
- CityEvanston
- AreaEvanston
- NeighborhoodHoward Ave.
- Zip60202
- StyleMulti-Family
- Year Built1960
- Taxes$ 43011
- Price$ 3,495,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14670
- Lot Size0.44 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Remarkable and Rare South Evanston Investment, Twenty-Four Well-Renovated Units, Valuable Class 9 Tax Reduction Runs with Property - All units have stainless steel appliances, Dishwashers, Fresh wood-look floors, Updated kitchens and baths. Well maintained all masonry property with recent tuckpointing, new balcony railings, and dedicated outdoor and grill space. Solid 1970s construction with concrete floors, steel I-beams, new windows. Twenty-one one bedroom, and three two bedroom units plus significant basement space with storage and six laundry machines; Deep lot includes 24-car parking lot that backs up to public park - Tree-lined residential street close to shopping & transportation. Excellent long term rental investment w/below market rents providing great opportunity for income growth. 100% occupied with on-site property management in dedicated apartment
Price History | |
---|---|
8/22/2023 | Listed $4,000,000 |
10/23/2023 | 5% - $3,800,000 |
11/3/2023 | 3% - $3,700,000 |
11/9/2023 | 1% - $3,695,000 |
12/5/2023 | 6% - $3,495,000 |
General Features
Additional Parcels Y/N | No |
---|---|
City | Evanston |
Construction Materials | Other |
Cooling | None |
County | Cook |
Current Use | Multi-Family |
Days on Market | 107 |
Directions | ONE BLOCK WEST OF ASBURY (WESTERN), ONE BLOCK NORTH OF HOWARD. |
Electric | Circuit Breakers |
Gross Income | 258025 |
Insurance Expense | 8000 |
Lot Size Square Feet | 19215 |
MLS Area | Evanston |
Maintenanceexpense | 6987 |
Possession | Closing, Tenant's Rights |
Possible Use | Multi-Family |
Property Type | Commercial Sale |
Property Type | Multi Family 5+ |
Standard Status | Active |
Status | Price Change |
Stories | 3 |
Street Name | Ashland |
Tax Annual Amount | 43011 |
Tax Year | 2021 |
Tenant Pays | Electricity |
Total Units | 24 |
Township | Evanston |
Utilities | Sanitary Sewer, Water-Municipal, Water to Site |
Water Sewer Expense | 13349 |
Year Built | 1960 |
Zoning | MULTI |
Interior Features
Basement | Unfinished, Exterior Access |
---|---|
Street Suffix | Avenue |
Exterior Features
Building Area Total | 14670 |
---|---|
Exterior | Brick |
Foundation Details | Concrete Perimeter |
Frontage Type | City Street |
Lot Dimensions | 61 X 315 |
Lot Size Acres | 0.44 |
Total Parking | 24 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool