2108 Wesley Ave Evanston, IL 60201
North Evanston NeighborhoodEstimated payment $6,581/month
Total Views
121,267
9
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Very Popular Property
- Victorian Architecture
- Ceiling Fan
- Orrington Elementary School Rated A
- 2 Car Attached Garage
- Heating System Uses Steam
About This Home
Rare investment opportunity in Evanston's highly sought-after rental market, offering an estimated 7.00 cap rate and a 7.41 cash-on-cash return. This well-maintained two-unit property provides stable in-place income with significant upside potential through future rent increases and flexible rental strategies in one of Evanston's strongest rental markets. The property features two spacious units with distinct floor plans that appeal to a wide range of tenants. The first-floor unit is ideal for families, Northwestern University students, and young professionals. The second-floor unit includes a finished third-floor attic with three additional bedrooms and one full bathroom, creating multiple value-add opportunities and increased rental income potential. Ideally located within a five-minute walk of Ingraham Park and Foster Park, the property is surrounded by restaurants, cafes, Walgreens, and boutique shopping. Northwestern University is just a five-minute drive away, providing a strong and consistent tenant pool. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, 2108 Wesley Avenue offers an exceptional combination of immediate cash flow, long-term appreciation potential, and operational flexibility.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,615
Year Built
- Built in 1899
Lot Details
- Lot Dimensions are 58 x 81 x 52 x 112
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Parking Included in Price
Home Design
- Victorian Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Steam
- Radiant Heating System
- Lake Michigan Water
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,557 | $60,001 | $13,423 | $46,578 |
| 2024 | $13,557 | $56,000 | $11,375 | $44,625 |
| 2023 | $13,008 | $56,000 | $11,375 | $44,625 |
| 2022 | $13,008 | $56,000 | $11,375 | $44,625 |
| 2021 | $14,642 | $55,175 | $7,507 | $47,668 |
| 2020 | $14,447 | $55,175 | $7,507 | $47,668 |
| 2019 | $14,493 | $61,856 | $7,507 | $54,349 |
| 2018 | $16,013 | $58,449 | $6,370 | $52,079 |
| 2017 | $15,595 | $58,449 | $6,370 | $52,079 |
| 2016 | $14,792 | $58,449 | $6,370 | $52,079 |
| 2015 | $12,736 | $47,500 | $5,460 | $42,040 |
| 2014 | $12,615 | $47,500 | $5,460 | $42,040 |
| 2013 | $12,325 | $47,500 | $5,460 | $42,040 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $1,008,000 | +129.1% | -- | |
| 12/29/2015 12/29/15 | Sold | $440,000 | -- | -- | View Prior Sale |
Source: Midwest Real Estate Data (MRED)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $440,000 | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $190,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $307,500 | Commercial | |
| Previous Owner | $280,000 | Commercial | |
| Previous Owner | $171,000 | Commercial |
Source: Public Records
About the Listing Agent
Safwan Patel is a dedicated real estate professional serving Chicago and the surrounding suburbs, specializing in both residential and commercial real estate. Known for his client-first approach and strong market knowledge, Safwan helps buyers, sellers, and investors navigate opportunities across a wide range of property types.
A graduate of the University of Illinois at Chicago, Safwan brings a strategic and results-driven mindset to every transaction. Whether working with first-time
Safwan's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12699962
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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