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Updated Two-Unit Residential Property
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716 Washington St, Evanston, IL 60202

Updated 2-flat with two 2-bedroom units, new electric, building laundry, and an exterior deck on the second floor.

Property SizeContact for details
Days on Market132

Property Features for 716 Washington St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

building laundry
storage lockers
shared back yard

Building Details

Tenancy Multi
Listing Agency: @properties Commercial Chicago
Listed By: Nicholas Patinkin · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:01AM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

This updated two-flat features two 2-bedroom, 1-bath units. The building has all new electric throughout. The first-floor unit was rehabbed in 2020 and includes a newer kitchen, fresh interior paint, and a partial unit basement that can be used as a family room, office, or additional bedroom. New storage lockers have been added for the units, and there is building laundry on-site.

The second-floor unit includes an outside deck. The property also offers a shared back yard and easy access to a park next door. Convenient access is noted to Metra, the EL, and Main Street shopping.

The layout provides two separate residential units within a well maintained building, with shared amenities including laundry and a yard area.

Key Highlights

  • Updated 2‑flat in south Evanston with two 2‑bedroom, 1‑bath units
  • All new electric throughout the building
  • First‑floor unit rehabbed in 2020 with a newer kitchen, fully painted interior, and partial unit basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Computer & Electronic Repair

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,125
Businesses Nearby

Demographics for 60202, IL

33,245
Population
15,024
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
10,724
Density / Sq Mi
$101,087
Median Household Income
$57,720
Median Earnings
$1,612
Median Rent
$381,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated 2-flat with two 2-bedroom units, new electric, building laundry, and an exterior deck on the second floor.
Where is this duplex located?
The property is located at 716 Washington St Evanston, IL.
What are key features of this property?
This property features: Updated 2‑flat in south Evanston with two 2‑bedroom, 1‑bath units; All new electric throughout the building; First‑floor unit rehabbed in 2020 with a newer kitchen, fully painted interior, and partial unit basement
(312) 337-0200 Call to check price and availability
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