Wonderful income opportunity close to Northwestern campus in Northeast Evanston. Tons of potential here to update and increase rents, convert to single family house or keep as-is with some TLC to continue as student rental housing yielding large returns. Total monthly gross income of $4,900/month ($2,450/unit) nets approximate annual income of $39,700 after taxes, insurance and maintenance for an outstanding 7.6% cap rate! 2-unit vintage farmhouse offers a 1st floor 2 bed, 1 bath plus sunroom or office. 2nd floor unit offers 4 beds and 1 bath. Laundry is located in the basement. 2 car garage. Awesome location close to downtown Evanston, Northwestern campus, Lake Michigan, Metra and Foster St. Purple Line. Property sold As-Is.
|# of homes for sale||216|
|Average asking price||$691,835|
|Average asking price (1 bedroom)||$249,200|
|Average asking price (2 bedroom)||$351,166|
|Average asking price (3 bedroom)||$485,751|
|Status Changed from New to Active||–|
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Fulton Grace are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on December 10th, 2019 at 3:50am CST.