NOT LISTED FOR SALE
10 Beds
7 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $2,200,000

22 Days on Market

About This Home

As of August 2024

Classic vintage Evanston 10 unit apartment building with lots of curb appeal to renters. 0% vacancy history due to location and size and condition of apartments. Beautiful architectural details with carved limestone entry. One block to downtown Evanston, CTA, Metra station. Walk to lakefront, Northwestern U. Nice mix of units: 3 two bedrooms, 6 one bedrooms (3 with an eat-in kitchen), 1 garden apartment. All 1 bath. Polished hardwood floors throughout, in excellent shape. Every bathroom and kitchen is updated. Charming arched doorways between the rooms and built-ins. Five individual garages plus one outside space. Meticulously maintained by family owners since 1970's. Common area basement with storage lockers for each apartment, bike storage, and coin operated laundry machines (owned by the building). Lovely little backyard for tenant's use. Private showings are arranged through the agent.

Last Agent to Sell the Property

James Nash

Farnsworth Hill License #471001800 Listed on: 07/02/2024

Last Buyer's Agent

Christopher Gaggero

@properties Christie's International Real Estate License #475145490

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,183

Year Built

  • Built in 1925

Lot Details

  • 5,236 Sq Ft Lot
  • Lot Dimensions are 47.6 x 110

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $1,055
  • Fuel Expense $8,068
  • Insurance Expense $6,213
  • Maintenance Expense $14,441
  • Other Expense $3,481
  • Trash Expense $840
  • Water Sewer Expense $2,979
  • Operating Expense $69,697
  • Gross Income $206,640
  • Net Operating Income $138,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,183

Year Built

Built in 1925

Lot Details

5,236 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 10
  • Room: 0

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Gas,Radiators

Fee Information

  • Trash Expense: 840
  • Water Sewer Expenses: 2979

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 47.6 X 110
  • Lot Size Sq Ft: 5236

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 2

Multi Family

  • Net Operating Income: 138923
  • Fuel Expense: 8068
  • Insurance Expense: 6213
  • ElectricExpense: 1055
  • GrossIncome: 206640
  • Maintenance Expense: 14441
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 69697
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 31182.7
  • Tax Year: 2023
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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 List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $2,200,000 -10.2% --
07/26/2024 07/26/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $2,450,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $31,183 $226,300 $13,585 $212,715
2024 $31,183 $128,807 $10,450 $118,357
2023 $29,920 $128,807 $10,450 $118,357
2022 $29,920 $128,807 $10,450 $118,357
2021 $30,929 $116,546 $10,450 $106,096
2020 $30,516 $116,546 $10,450 $106,096
2019 $27,307 $116,546 $10,450 $106,096
2018 $19,339 $70,588 $18,287 $52,301
2017 $18,834 $70,588 $18,287 $52,301
2016 $17,864 $70,588 $18,287 $52,301
2015 $17,361 $64,750 $16,981 $47,769
2014 $17,196 $64,750 $16,981 $47,769
2013 $16,801 $64,750 $16,981 $47,769
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12100241

Midwest Real Estate Data (MRED)
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