Investors 10.5% cap rate: A great opportunity to have a flow of income from three units in one location. 2-flat with separate coach house. The top floor unit has 2 bedrooms, an office and one bathroom. This unit has radiator heat from a brand new boiler (2023). The first floor unit duplexes down. It has 2 bedrooms, a full bathroom, and an enclosed porch on the 1st floor, and 1 bedroom, family room, and full bathroom in the lower level. This unit has gas forced air. Laundry is shared and is in the utility room of the lower level with a locked area for the furnace and boiler. The rear third unit is a studio with a bathroom and gas forced air. The option to finish out that upper level is available to the new owner. See additional information for the approved plans to build-out the coach house. There is a parking pad with room for 2 tandem vehicles. All utilities are separately metered and paid by the tenants with the exception of water/sewer. These units have been updated and are ready for the next tenants. The rents shown in the attached cashflow sheet are the most recent rents from 2022. Floor plans coming soon!
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Evanston Twp High School (202), Haven Middle School (65), Lincolnwood Elementary School (65)
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Listing History
03-24-2023
Listed at $449,000
03-29-2023
Status changed to Under Contract
05-10-2023
Status changed to Closed
05-10-2023
Sold at $457,000
Last Modified 5/10/23 3:28 PM
Nearby Transportation
Bus 206
0.2 mi
Bus 93
0.2 mi
Bus 201
0.8 mi
Union Pacific North
0.9 mi
Purple Line
1.0 mi
I 94 West
2.7 mi
I 94 East
2.8 mi
Hwy 41 North
3.6 mi
Hwy 41 South
4.8 mi
For More Information
(312) 528-9200
For more information about 1829 Hartrey, Evanston, IL 60201 contact Corcoran Urban Real Estate.
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