NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $525,000

5 Days on Market

Highlights

  • Fenced Yard
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Dewey Elementary School Rated A
  • Two Heating Systems
  • 4-minute walk to Grandmother Park

About This Home

As of June 2021

This well-maintained Evanston brick 3-flat is ideally located and fully rented to long-term tenants in this turn-key investment property. Legal 3-unit buildings don't come along often in Evanston, and rarely are they found in as good condition as this one. All units are fully leased through May 2022 to long-term tenants for combined monthly rental income of $3,695. Basement unit has 2 beds, second and third floor units each have 3 bedrooms. Basement unit has boiler and radiators and top two units have their own HVAC. Sellers have owned building since 2015 and have made significant improvements including new windows throughout, new sidewalks and sidewalk lighting, front sewer cleanout installed, tuckpointing and new lintels for the entire building, a new rear porch and stairs built to code including landing concrete work, new basement stairwell drains, new outdoor outlets, garage improvements including new roof, gutters, entry door, overhead doors and openers, new laundry room and coin operated washer and dryer, new stairway carpeting, many new appliances throughout the building and much more than can be listed. The oversized lot features a great yard and there is a 3-car garage at the rear. Multiple offers have been received. All showings will be done during our Open Houses on on Saturday May 22 and Sunday May 23 each day from 11 to 2. All units will be available for showings during this time and all visitors must wear a mask. Deadline for all offers is Sunday May 23 at 6 PM.

Last Agent to Sell the Property

Lee Diamond

Big Shoulders Realty, LLC License #471017242 Listed on: 05/19/2021

Last Buyer's Agent

matt putnick

Real People Realty Inc License #475130512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,728

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Dewey Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Multiple Water Heaters

Community Details

  • 3 Units
  • Gross Income $44,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,728

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: Multiple Water Heaters
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam, Radiator(s), Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Dewey Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 5963 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 44340
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8728.18
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $525,000 0.0% --
05/24/2021 05/24/21 Pending -- -- --
05/24/2021 05/24/21 For Sale -- -- --
05/19/2021 05/19/21 For Sale $525,000 +57.9% --
11/06/2015 11/06/15 Sold $332,500 -9.9% --
08/12/2015 08/12/15 Pending -- -- --
07/16/2015 07/16/15 Price Changed $369,000 -1.6% --
06/04/2015 06/04/15 For Sale $375,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11093383

Midwest Real Estate Data (MRED)