Extraordinary investment opportunity for 11.8% cap rate with 20% down. See attached spreadsheet. Garden and first floor units are occupied. The 2nd floor unit is ready for occupancy. Photos are of the 2nd floor unit and utility room only. Radiator heat. There is a place for laundry in the basement. Parking pad for 2 cars out back, ready for a garage. Recent improvements include new carpeting in the front stairwell, new siding on sides and rear, improvements to the rear stairs. Only qualified buyers will see the occupied units, G and 1. Rent income for unit 2 is the most recent rent received.
Closed
$505,000
1921 Grey Ave, Evanston, IL 60201
8beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$587,900 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 22, 2023 at 01:04am
Listing courtesy of:
Linda Hoffmann 847-962-5810,
@properties Christie's International Real Estate
Bought with:
Demetrios Therios
Jameson Sotheby's International Realty
Source: MRED as distributed by MLS GRID,MLS#: 11792154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Radiator(s)
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Off Alley, On Site, Other
Lot
- Size: 4,225 sqft
- Dimensions: 25 X 169
Details
- Parcel number: 10131090130000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Evanston
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$587,900
2% more+$11,758
With Zillow Showcase(estimated)$599,658