647 Asbury Ave - Apartments FOR SALE


Evanston, IL 60202
$849,000 USD
847-644-3413
647 Asbury Ave, Evanston, IL for Sale
$849,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

647 Asbury Ave
Evanston, IL 60202


HIGHLIGHTS

  • Garden Unit is 50% remodeled. Finish project and start renting (legal unit)
  • Lots of Natual Light - Tenants Love
  • Close to new Robert Crown Recreation Facility, Main Street Shopping Center, transportation, 2 miles from NU and Lake Michigan

OVERVIEW

Fully leased 2-flat with strong rents and zero deferred maintenance. A must-see! Both units were gutted to the studs and rebuilt with modern finishes and feels more like a home, than an apartment. Designer-renovated kitchens with quartz counters, stainless steel appliances, updated baths, in-unit laundry, spacious bedrooms, and large living areas. Side yard for gardening or relaxing by firepit, plus a 2-car garage. Rentable garden unit half completed, - perfect for added income or owner's space. Prime location near public transit, Robert Crown Center, library, shops, NU, and restaurants. Turnkey and tenant-approved!

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

2

PRICE/UNIT

$424,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,359 SF

ZONING

R2

APN/PARCEL ID

11-19-312-058-0000

ASK ABOUT THIS PROPERTY

Donna Agnew@PropertiesMore Info
847-644-3413

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Donna Agnew@PropertiesMore Info
847-644-3413

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