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Evanston, IL Apartment Buildings for Sale

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Skokie, IL Chicago, IL Wilmette, IL Kenilworth, IL Lincolnwood, IL Morton Grove, IL Winnetka, IL Glenview, IL
Multifamily Apartment Property
Updated: Sep 21
Multifamily Apartment Property

1228 Oak Ave, Evanston, IL 60202

$880,000
Apartments arranged across three floors with studio, one‑bedroom, two‑bedroom, and three‑bedroom layouts
Most apartments renovated or improved within the past two years
Third‑floor two‑bedroom apartment has private stair access and was refreshed last year
Approximately 0.4 miles from the Dempster Street Purple Line CTA station
Approximately 0.7 miles from the Evanston Davis Street Metra station
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Multifamily Corner Building
Six-Unit Multifamily Corner Building

4936 Greenwood Street, Skokie, IL 60077

Contact for pricing
7,000 sqft

Six-unit multifamily property with a corner location and a unique unit mix totaling 14 bedrooms.

View details
Renovated Two-Bedroom 6-Flat Pair
Renovated Two-Bedroom 6-Flat Pair

7520 North Ridge Boulevard, Chicago, IL 60645

$1,840,000

Two adjacent six-flat buildings with two-bedroom, one-bath units, and more than 75% renovated with updated kitchens and baths.

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Rogers Park Multifamily Investment Opportunity
Rogers Park Multifamily Investment Opportunity

1950 W fargo Avenue, Chicago, IL 60626

$1,000,000

Six condos sold together, new roof, rehab potential.

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Elevator Apartment Building
Elevator Apartment Building

8644 Skokie Boulevard, Skokie, IL 60077

Contact for pricing

Multifamily property with varied apartment layouts, resident laundry facilities, and covered parking.

View details

Off-Market Properties in Evanston, IL

Consider similar Off-Market properties in Evanston, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1317 Brummel St
APARTMENT HOUSE (5+ UNITS)

1317 Brummel St, Evanston, IL 60202-4803

Estimated value:
$1,265,000
8,067 sqft 0.19 AC lot
View details
1425 Dobson St
GARDEN APT, COURT APT (5+ UNITS)

1425 Dobson St, Evanston, IL 60202-3798

Estimated value:
$1,450,000
0.10 AC lot
View details
1301 Brummel St
GARDEN APT, COURT APT (5+ UNITS)

1301 Brummel St, Evanston, IL 60202-3741

Estimated value:
$1,450,000
0.07 AC lot
View details
1301 Asbury Ave
GARDEN APT, COURT APT (5+ UNITS)

1301 Asbury Ave, Evanston, IL 60201

Estimated value:
$1,450,000
0.07 AC lot
View details
1118 Darrow Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1118 Darrow Ave, Evanston, IL 60202-1112

Estimated value:
$535,000
1,658 sqft 0.11 AC lot
View details
3048 Central St
APARTMENT HOUSE (UNDER 5 UNITS)

3048 Central St, Evanston, IL 60201-1167

Estimated value:
$670,000
2,304 sqft 0.10 AC lot
View details
1221 Darrow Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1221 Darrow Ave, Evanston, IL 60202-1113

Estimated value:
$285,000
2,336 sqft 0.12 AC lot
View details
1132 Darrow Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1132 Darrow Ave, Evanston, IL 60202-1112

Unit 1
Estimated value:
$480,000
1,920 sqft 0.15 AC lot
View details
2009 Jackson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2009 Jackson Ave, Evanston, IL 60201-3539

Estimated value:
$365,000
2,348 sqft 0.13 AC lot
View details
1705 Dempster St
APARTMENT HOUSE (UNDER 5 UNITS)

1705 Dempster St, Evanston, IL 60201-4096

Estimated value:
$630,000
2,608 sqft 0.15 AC lot
View details
1818 Dodge Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1818 Dodge Ave, Evanston, IL 60201-3430

Estimated value:
$190,000
1,584 sqft 0.07 AC lot
View details
1206 Dewey Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1206 Dewey Ave, Evanston, IL 60202-1123

Estimated value:
$585,000
2,302 sqft 0.12 AC lot
View details
2755 Eastwood Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2755 Eastwood Ave, Evanston, IL 60201-1524

Estimated value:
$690,000
3,368 sqft 0.24 AC lot
View details
400 Custer Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

400 Custer Ave, Evanston, IL 60202-2919

Unit 1
Estimated value:
$440,000
2,579 sqft 0.09 AC lot
View details
1817 Lyons St
APARTMENT HOUSE (UNDER 5 UNITS)

1817 Lyons St, Evanston, IL 60201-3445

Estimated value:
$190,000
1,917 sqft 0.09 AC lot
View details
9100 Forestview Rd
APARTMENT HOUSE (UNDER 5 UNITS)

9100 Forestview Rd, Evanston, IL 60203-1728

Estimated value:
$505,000
2,651 sqft 0.23 AC lot
View details
9122 Ewing Ave
APARTMENT HOUSE (UNDER 5 UNITS)

9122 Ewing Ave, Evanston, IL 60203-1726

Estimated value:
$440,000
2,244 sqft 0.12 AC lot
View details
705 Reba Pl
APARTMENT HOUSE (UNDER 5 UNITS)

705 Reba Pl, Evanston, IL 60202-2616

Estimated value:
$765,000
2,040 sqft 0.07 AC lot
View details
1726 Central St
APARTMENT HOUSE (UNDER 5 UNITS)

1726 Central St, Evanston, IL 60201-1591

Estimated value:
$190,000
4,614 sqft 0.17 AC lot
View details
728 Dobson St, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

728 Dobson St, Evanston, IL 60202-3909

Unit 1
Estimated value:
$450,000
2,212 sqft 0.09 AC lot
View details
1701 Dempster St
APARTMENT HOUSE (UNDER 5 UNITS)

1701 Dempster St, Evanston, IL 60201-4025

Estimated value:
$600,000
2,564 sqft 0.15 AC lot
View details
1810 Brown Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1810 Brown Ave, Evanston, IL 60201-3304

Estimated value:
$335,000
1,632 sqft 0.14 AC lot
View details
728 Mulford St, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

728 Mulford St, Evanston, IL 60202-6111

Unit 1
Estimated value:
$325,000
3,078 sqft 0.09 AC lot
View details

Evanston, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Evanston, IL on our real estate platform.

Sale prices for two-family homes in Evanston, IL average $880,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 81K
Population Growth (5Y) +5.3%
Median Household Income $99,828
College Educated 63.6%

High-Yield Neighborhoods for Investment

Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60202 $880K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

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