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Four-Unit Quadplex with Garage
New
For Sale
$995,000

131 CALLAN Avenue, Evanston, IL 60202

Multi-level floor plans include lower-level space with potential for additional bedrooms.

Property SizeContact for details
Days on Market5

Property Features for 131 CALLAN Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $13,030

Amenities

patio areas

Building Details

Year Built 1955
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Vaciliki Ress · License #475151518
Source: Dawnmckennagroup
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 4 at 3:54PM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

This 1955 quadplex contains four one-bedroom units, each organized across three levels. Living and dining areas share the first floor with a kitchen, while an upper-level bedroom and full bath complete each layout. The lower levels have open plans that could be adapted to add a second bedroom to each unit. Multiple patios provide outdoor areas, and a four-car garage offers parking and storage.

The property is in Evanston, near Lake Michigan, beaches, parks, and walking and biking paths. Shops, restaurants, cafes, and neighborhood businesses are also in the area, as is Northwestern University.

Key Highlights

  • Four one‑bedroom units, each spanning three levels
  • Open lower‑level layouts offer potential to add a second bedroom to each unit
  • Four‑car garage

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Tech Support Center Barber Shop Pet Grooming Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,242
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Multi-level floor plans include lower-level space with potential for additional bedrooms.
Where is this quadplex located?
The property is located at 131 CALLAN Avenue Evanston, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four one‑bedroom units, each spanning three levels; Open lower‑level layouts offer potential to add a second bedroom to each unit; Four‑car garage
More about this property
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