Search
Two-Building Multifamily Portfolio
For Sale
Contact for pricing

2047 W Asbury Ave, Evanston, IL 60201

Portfolio includes two multifamily buildings totaling nine residential units across 2047 Asbury Avenue and 1009 Wesley Avenue.

Property Size10,000 SF
Lot Size0.27 Acres
Days on Market141

Property Features for 2047 W Asbury Ave

General Information

Standard status Active
Size 10,000 SF
Lot size 0.27 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 9

Building Details

Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: John Preston · License #475188524
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 6:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

Horvath & Tremblay presents the Evanston Portfolio, comprised of two multifamily investment properties: 2047 Asbury Avenue and 1009 Wesley Avenue in Evanston, Illinois. Together, the buildings contain a total of nine residential units with seven 3-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one 1-bedroom/1.5-bathroom unit.

The Portfolio provides convenient access to public transportation, with each property less than a half-mile to its respective Metra and CTA “L” station stops, as well as Pace Suburban Bus stops. The properties are also located less than 1 mile from Northwestern University (Asbury Ave) and within 2 miles (Wesley Ave).

The offering is available either individually or as a single portfolio purchase.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Pet Grooming Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,772
Businesses Nearby

Demographics for 60201, IL

44,652
Population
18,890
Households
2.4
Avg Household Size
33
Median Age
74%
College-Educated
97%
High-School Grad
4.5 sq mi
ZIP Area
9,923
Density / Sq Mi
$92,101
Median Household Income
$42,412
Median Earnings
$1,792
Median Rent
$577,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio includes two multifamily buildings totaling nine residential units across 2047 Asbury Avenue and 1009 Wesley Avenue.
Where is this apartment building located?
The property is located at 2047 W Asbury Ave Evanston, IL.
What are key features of this property?
This property features: 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.
(312) 361-1643 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message