Seller's Agent in 2025
Mary Summerville
Coldwell Banker
(847) 507-2644
363 Total Sales
827 Sherman Ave Evanston, IL 60202
5
Beds
3
Baths
--
Sq Ft
1911
Built
Highlights
- Victorian Architecture
- 3-minute walk to Main Street Station
- 2-minute walk to Jennifer Morris Park
- Lincoln Elementary School Rated A
- Fenced
About This Home
As of August 2025Rare Investment Opportunity - Don't miss this exceptional chance to own a beautifully renovated 1911 Victorian farmhouse, thoughtfully converted into three distinctive legal units. Each apartment has been renovated with modern finishes, and well-appointed kitchens and baths. The current owner has completed extensive updates, including new kitchens, updated bathrooms, and all-new mechanical systems, ensuring each unit is stylish, comfortable and turnkey. Located in one of Evanston's most desirable neighborhoods, the property is just a short walk to both Metra and CTA stations, surrounded by popular restaurants, thriving local businesses, and only blocks from the lakefront and Lee Street Beach. With a strong cap rate, this property is a smart addition to any investor's portfolio.
Last Agent to Sell the Property
Coldwell Banker License #475091422 Listed on: 06/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,677
Year Built
- Built in 1911
Lot Details
- Lot Dimensions are 35 x 101
- Fenced
Home Design
- Victorian Architecture
- Brick Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Schools
- Lincoln Elementary School
- Nichols Middle School
- Evanston Twp High School
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $960
- Insurance Expense $1,771
- Water Sewer Expense $1,158
- Gross Income $73,140
- Net Operating Income $56,500
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $774,000 | -3.1% | -- |
| 07/01/2025 07/01/25 | For Sale | $799,000 | +255.3% | -- |
| 05/28/2015 05/28/15 | Sold | $224,900 | 0.0% | -- |
| 03/09/2015 03/09/15 | Pending | -- | -- | -- |
| 02/17/2015 02/17/15 | For Sale | $224,900 | 0.0% | -- |
| 02/12/2015 02/12/15 | Off Market | $224,900 | -- | -- |
| 02/12/2015 02/12/15 | Price Changed | $224,900 | -9.3% | -- |
| 01/06/2015 01/06/15 | Price Changed | $247,900 | -9.8% | -- |
| 12/09/2014 12/09/14 | Price Changed | $274,950 | -10.0% | -- |
| 11/10/2014 11/10/14 | Price Changed | $305,500 | -9.9% | -- |
| 10/14/2014 10/14/14 | Price Changed | $338,900 | -9.7% | -- |
| 09/15/2014 09/15/14 | For Sale | $375,100 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Arn Ahlstrom
Coldwell Banker
(708) 648-1513
39 Total Sales
-
Buyer's Agent in 2025
Craig Fallico
Baird & Warner
(847) 226-0834
858 Total Sales
-
Seller's Agent in 2015
Patti Furman
Coldwell Banker Realty
(847) 724-5800
219 Total Sales
-
C
Buyer's Agent in 2015
Cynthia Maloney
@properties
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12360905
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