Seller's Agent in 2025
Mary Summerville
Coldwell Banker Realty
(847) 507-2644
58 in this area
350 Total Sales
827 Sherman Ave Evanston, IL 60202
Southeast Evanston Neighborhood
5
Beds
3
Baths
--
Sq Ft
1911
Built
Highlights
- Victorian Architecture
- 3-minute walk to Main Street Station
- Fenced
- Lincoln Elementary School Rated A
- Asbestos
- 2-minute walk to Jennifer Morris Park
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 Realty 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
- Asbestos
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 10, 2025
Sold by
Bought by
Seller's Agent
Mary Summerville
Coldwell Banker Realty
Buyer's Agent
Craig Fallico
Baird & Warner
List Price
$799,000
Sold Price
$774,000
Premium/Discount to List
-$25,000
-3.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,750
Interest Rate
0.0637%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,420
Interest Rate
0.0425%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 25, 2013
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
0.0788%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 10, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.053%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 22, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
0.0703%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $774,000 | Chicago Title | ||
| $225,000 | Ct | ||
| -- | None Available | ||
| $408,000 | -- | ||
| -- | -- | ||
| $270,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $726,750 | ||
| Previous Owner | $299,420 | ||
| Previous Owner | $367,200 | ||
| Previous Owner | $280,000 | ||
| Previous Owner | $265,828 |
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 |
|---|---|---|---|---|---|
| 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% | -- | View Prior Sale |
| 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
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 | $12,677 | $65,000 | $11,312 | $53,688 |
| 2024 | $12,677 | $55,000 | $9,721 | $45,279 |
| 2023 | $12,136 | $55,000 | $9,721 | $45,279 |
| 2022 | $12,136 | $55,000 | $9,721 | $45,279 |
| 2021 | $9,206 | $37,560 | $5,656 | $31,904 |
| 2020 | $9,141 | $37,560 | $5,656 | $31,904 |
| 2019 | $9,226 | $42,298 | $5,656 | $36,642 |
| 2018 | $10,228 | $40,278 | $4,772 | $35,506 |
| 2017 | $9,975 | $40,278 | $4,772 | $35,506 |
| 2016 | $9,684 | $40,278 | $4,772 | $35,506 |
| 2015 | $8,695 | $34,596 | $3,976 | $30,620 |
| 2014 | $8,626 | $34,596 | $3,976 | $30,620 |
| 2013 | -- | $34,596 | $3,976 | $30,620 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Summerville
-
Arn Ahlstrom
Seller Co-Listing Agent in 2025
Arn Ahlstrom
Coldwell Banker Realty
(847) 866-8200
2 in this area
35 Total Sales
-
Craig Fallico
Buyer's Agent in 2025
Craig Fallico
Baird & Warner
(847) 226-0834
2 in this area
812 Total Sales
-
Patti Furman
Seller's Agent in 2015
Patti Furman
Coldwell Banker Realty
(847) 724-5800
2 in this area
207 Total Sales
-
C
Buyer's Agent in 2015
Cynthia Maloney
@properties
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12360905
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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