1103 Simpson St - Apartments FOR SALE


Evanston, IL 60201
$925,000 USD
317-403-6641
1103 Simpson St, Evanston, IL for Sale
$925,000 USD
Apartments - FOR SALE
1/12
null | 7.25% Cap Rate

1103 Simpson St
Evanston, IL 60201


HIGHLIGHTS

  • Located within an established commercial corridor.
  • Accessible to major arterials, highways, and surrounding communities.
  • Suitable for a variety of commercial uses.
  • Visibility and accessibility support commercial operations.

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1103 Simpson Street in Evanston, IL (the “Property”). The two-story brick building contains two (2) 3-Bedroom/1-Bathroom units with 2,400 square feet of gross living area in 2,800 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features on-street parking spaces. 1103 Simpson Street is well-positioned within Evanston’s established residential neighborhood network, offering convenient access to the city’s vibrant downtown district, neighborhood retail corridors, and the broader North Shore region. The property benefits from strong connectivity via nearby Ridge Avenue, Green Bay Road, and Sheridan Road, while also providing quick access to Interstate 94 and U.S. Route 41, allowing for efficient travel throughout the Chicago metropolitan area.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

2

PRICE/UNIT

$462,500

CAP RATE

7.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1103 Simpson Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

11-07-119-017-0000

ASK ABOUT THIS PROPERTY

John PrestonHorvath & TremblayMore Info
317-403-6641

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John PrestonHorvath & TremblayMore Info
317-403-6641

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