1529 Greenleaf St - Apartments FOR SALE


Evanston, IL 60202
$895,000 USD
636-541-4140
1529 Greenleaf St, Evanston, IL for Sale
$895,000 USD
Apartments - FOR SALE
1/9
null | 6.42% Cap Rate

1529 Greenleaf St
Evanston, IL 60202


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Proximity to Northwestern University
  • Upside Potential
  • Durable Brick Construction
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 1527-1529 Greenleaf Street in Evanston, IL (the “Property”). The two-story building contains two (2) Commercial units, two (2) 2-Bedroom/1-Bathroom units, and one (1) 1-Bedroom/1-Bathroom unit with 5,200 square feet of gross living area in 5,656 square feet of gross area. The apartments were all updated in 2017 and have in-unit washer / dryers. The Property is situated upon a 0.08-acre parcel and features on-street parking. 1527–1529 Greenleaf Street is strategically positioned in downtown Evanston, offering immediate access to the central business district, established retail corridors, and dense surrounding residential neighborhoods. The property benefits from excellent connectivity via key thoroughfares including Green Bay Road, Ridge Avenue, and Sheridan Road, with close proximity to Interstate 94 (Edens Expressway) providing efficient regional access to downtown Chicago and the greater North Shore.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

3

PRICE/UNIT

$298,333

CAP RATE

6.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1527-1529 Greenleaf St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,350 SF

ZONING

-

APN/PARCEL ID

10-24-211-017-0000

ASK ABOUT THIS PROPERTY

Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

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

Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

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