1029 Garnett Pl - Apartments FOR SALE


Evanston, IL 60201
$1,595,000 USD
636-541-4140
1029 Garnett Pl, Evanston, IL for Sale
$1,595,000 USD
Apartments - FOR SALE
1/6
null | 6.82% Cap Rate

1029 Garnett Pl
Evanston, IL 60201


HIGHLIGHTS

  • Immediate access to downtown Evanston shopping, dining, and entertainment.
  • Excellent proximity to Interstate 94, U.S. Route 41, and regional transit systems.
  • Walkable neighborhood setting near retail corridors and community services.
  • Connectivity to Chicago and the North Shore via Metra and CTA Purple Line stations.

OVERVIEW

This multi-family investment offering at 1029 Garnett Place presents an attractive opportunity within the sought-after Evanston market. The two-story property comprises three oversized 4-bedroom, 1-bathroom layouts totaling approximately 3,500 square feet of living space. Situated on a 0.40-acre parcel, the property includes garage parking, adding convenience and value to residents. The location combines residential appeal with exceptional accessibility. Positioned near Evanston’s dynamic downtown core, tenants enjoy proximity to retail, dining, cultural amenities, and neighborhood conveniences. Commuters benefit from seamless regional connectivity via Interstate 94 and U.S. Route 41, while CTA’s Purple Line and Metra’s Union Pacific North Line ensure expedient access to downtown Chicago and surrounding North Shore communities. With its substantial unit layouts, land parcel size, and strong regional transit infrastructure, this asset offers potential for long-term stability and value creation in one of Chicago’s most established suburban markets.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

3

PRICE/UNIT

$531,667

CAP RATE

6.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1029 Garnett Place

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

11-18-107-030-0000

ASK ABOUT THIS PROPERTY

Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

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Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.