2043 Asbury Ave - Apartments FOR SALE


Evanston, IL 60201
$900,000 USD
636-541-4140
2043 Asbury Ave, Evanston, IL for Sale
$900,000 USD
Apartments - FOR SALE
1/14
null | 6.04% Cap Rate

2043 Asbury Ave
Evanston, IL 60201


HIGHLIGHTS

  • 3 Unit property with convenient access to Green Bay Rd.

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2043 Asbury Avenue in Evanston, IL (the “Property”). The multi-story building contains three (3) total units comprised of one (1) 4-Bedroom/1-Bathroom unit, one (1) 3-Bedroom/1-Bathroom unit, and one (1) 2-Bedroom/1-Bathroom unit with 3,050 square feet of gross living area and 3,200 square feet of gross area. The Property is situated upon a 0.17-acre parcel and offers ample parking with two (2) garage spaces available and five (5) surface spaces available. 2043 Asbury Avenue is ideally situated in a highly desirable Evanston neighborhood just west of downtown, offering excellent visibility and seamless access to key local amenities. The property benefits from its proximity to Northwestern University, major retail corridors along Davis Street and Chicago Avenue, and the vibrant cultural, dining, and entertainment options that define Evanston’s urban appeal. Convenient connections to Ridge Avenue, Green Bay Road, and public transit, including CTA and Metra stations, provide efficient access throughout the North Shore and into downtown Chicago. The surrounding tree-lined residential streets, parks, and community resources further enhance livability and long-term tenant demand

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

3

PRICE/UNIT

$300,000

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

11-18-100-004-0000

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.