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2725-27 Central St Evanston, IL 60201

Sponsored
For Sale
$2,750,000

14-Unit Apartment Building, High ROI

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 14-unit multifamily property in Evanston, IL, presents a compelling investment opportunity. The charming, well-maintained vintage building boasts a mix of ten one-bedroom, one-bathroom units (approximately 850 sq ft each, including living and dining rooms) and four larger two-bedroom, one-and-a-half-bathroom units (approximately 1000 sq ft each, also with living and dining rooms). All units are currently rented, generating consistent income. Ten convenient parking spaces are available for additional rental revenue. The building features recently updated three-story windows in the entryways, a new boiler (2014), and a common laundry area. Large individual storage units in the basement provide ample space for tenants. Heat and hot water are included in the rent

Property Features for 2725-27 Central St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1956

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Evanston
County
Cook
State
Illinois
Longitude
-87.71204
Latitude
42.06472

FAQs

What type of property is this?
Commercial real estate - 14-Unit Apartment Building, High ROI
Where is this commercial real estate located?
The property is located at 2725-27 Central St Evanston, IL.
What is the asking price?
The asking price for this property is $2,750,000.
More about this property
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