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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12296772
Year Built 1967
Annual Tax Amount $26,381
Tax Year 2023
Lot Dimensions 150X50
Property Sub-Type Multi Family 5+
Property Description
Proudly presenting a fully occupied 8 unit building in desirable southeast Evanston. All 8 units are 2bd 1ba and have a designated parking spot. Each unit also has large storage cage in the basement. Many recent cap-ex projects have been completed (Water Heater 2024, New Electrical Panels 2021, Roof Tear off 2017, Windows 2013). Units are in great condition and there is upside on rents. Current in place annual income is at 174,440 and yields a 6.51 cap rate and 9.88 GRM. Fantastic tenant location with walking distance to Purple Line El stop, Lake Michigan, and Chicago Ave shopping. Easy access to the city and downtown Evanston. Desirable Lincoln school district.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete
Others
HOA Fee Include Heat,Water,Electricity,Gas,Insurance
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lukasz Wojcik • Triton Realty Group LLC