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    Evanston, IL Apartment Buildings for Sale

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    Two-Building Multifamily Portfolio
    Updated: Apr 12
    Two-Building Multifamily Portfolio

    2047 W Asbury Ave, Evanston, IL 60201

    Contact for pricing
    10,000 sqft 0.27 AC lot
    Evanston Portfolio includes two multi‑family buildings at 2047 Asbury Avenue and 1009 Wesley Avenue.
    Portfolio totals nine (9) residential units in 10,000 sq ft total gross area with 9,350 sq ft of living area on 0.27 acres.
    Unit mix: seven (7) 3BR/1BA units, one (1) 2BR/1BA unit, and one (1) 1BR/1.5BA unit.
    Convenient transit access: less than 1/2 mile to Metra and CTA “L” station stops and Pace Suburban Bus stops (by property).
    Proximity to Northwestern University: less than 1 mile from Asbury Ave and about 2 miles from Wesley Ave.
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    Two-Building Multifamily Property
    Updated: Apr 12
    Two-Building Multifamily Property

    153 Dodge Ave, Evanston, IL 60202

    Contact for pricing
    Two jumbo yellow‑brick apartment buildings with 6 total apartment units
    16 bedrooms total: four 3‑bedroom units and two 2‑bedroom units
    Remodeled in 2023 with newer windows, roofing, and updated interiors and exteriors
    2023 updates include new kitchen, appliances, and cabinets
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    All-Brick Multifamily Building
    All-Brick Multifamily Building

    2620 Central St, Evanston, IL 60201

    Contact for pricing

    All-brick 19-unit elevator building with 21 parking spaces, with updated kitchens and window replacements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

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    Renovated Two-Bedroom 6-Flat Pair
    Renovated Two-Bedroom 6-Flat Pair

    7520 North Ridge Boulevard, Chicago, IL 60645

    $1,950,000

    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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    Bulk Condo Multifamily Building
    Bulk Condo Multifamily Building

    10111 Old Orchard Ct, Skokie, IL 60076

    Contact for pricing

    Bulk condo offering includes nine condos with surface parking and patios or balconies, managed via a master association covering common expenses.

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    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

    $1,265,000
    Estimated value
    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

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

    1301 Brummel St, Evanston, IL 60202-3741

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

    1301 Asbury Ave, Evanston, IL 60201

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

    1118 Darrow Ave, Evanston, IL 60202-1112

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

    3048 Central St, Evanston, IL 60201-1167

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

    1221 Darrow Ave, Evanston, IL 60202-1113

    $285,000
    Estimated value
    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
    $480,000
    Estimated value
    1,920 sqft 0.15 AC lot
    View details
    2009 Jackson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2009 Jackson Ave, Evanston, IL 60201-3539

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

    1705 Dempster St, Evanston, IL 60201-4096

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

    1818 Dodge Ave, Evanston, IL 60201-3430

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

    1206 Dewey Ave, Evanston, IL 60202-1123

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

    2755 Eastwood Ave, Evanston, IL 60201-1524

    $690,000
    Estimated value
    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
    $440,000
    Estimated value
    2,579 sqft 0.09 AC lot
    View details
    1817 Lyons St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1817 Lyons St, Evanston, IL 60201-3445

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

    9100 Forestview Rd, Evanston, IL 60203-1728

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

    9122 Ewing Ave, Evanston, IL 60203-1726

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

    705 Reba Pl, Evanston, IL 60202-2616

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

    1726 Central St, Evanston, IL 60201-1591

    $190,000
    Estimated value
    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
    $450,000
    Estimated value
    2,212 sqft 0.09 AC lot
    View details
    1701 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1701 Dempster St, Evanston, IL 60201-4025

    $600,000
    Estimated value
    2,564 sqft 0.15 AC lot
    View details

    Evanston, IL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Evanston, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale.

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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
    60201 $499K

    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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