Evanston, IL Multifamily Properties for Sale

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Skokie, IL Chicago, IL Wilmette, IL

$685,000

Evanston Two-Flat with Modern Comforts

1321 Brummel Street, Evanston, IL 60202

Spacious two-flat in desirable Evanston neighborhood with updated amenities.

Two‑flat property with two separate units, each featuring three bedrooms and one bath, offering flexible living options or rental income potential.
Updated kitchens and baths in both units.
Independently controlled central heating and air conditioning in each unit.
Finished basement with separate entrance for additional living or storage space.
Fenced yard ideal for outdoor activities and relaxation.

Updated: Dec 29, 2025

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Evanston Mixed-Use Investment Opportunity

$550,000

4,400 SF

Evanston Mixed-Use Investment Opportunity

2950 Central Street, Evanston, IL 60201

Two-unit mixed-use building in Evanston's Central Street corridor.

Mixed‑use building in Evanston's Central Street corridor
Includes a spacious 3‑bedroom / 2‑bathroom apartment unit
First floor commercial space is currently vacant
Apartment is leased through June 2026
Features a 2‑car garage and 1 surface parking space

Updated: Feb 26

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$515,000

MULTI_FAMILY - Other - Evanston, IL

Duplexes

1504 Pitner Avenue, Evanston, IL 60201

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$4,260,000

Evanston Mixed-Use Investment Opportunity

Mixed-use building near Metra station with retail and apartments.

2540 Green Bay Rd, Evanston, IL 60201

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$799,900

Rogers Park Renovated Three-Flat

Renovated three-flat in Rogers Park with strong rental profile.

2044 W Birchwood Avenue, Chicago, IL 60645

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$675,000

Skokie Brick Multifamily Property

Well-maintained Skokie multifamily property with updated features and basement unit.

8940 Lamon Avenue, Skokie, IL 60077

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$800,000

1,400 SF

Rogers Park Brick Three-Flat

Oversized corner lot, three-unit building near transportation and amenities.

2032 W Birchwood Avenue, Chicago, IL 60645

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$1,750,000

0.08 Acres

Skokie Six-Unit Multifamily Building

Well-maintained six-unit building near transportation and amenities in Skokie.

4950 Greenwood Street, Skokie, IL 60077

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

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Contact for pricing

0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360

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Contact for pricing

0.67 Acres

Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877

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$44,000

0.75 Acres

Recreational Land in Gated Community

0.75-acre lot with hookups in White Birch Lakes Association.

4537 Pine Run, Farwell, MI 48622

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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) • 8,067 SF

Value Estimation

$1,165,000

1317 Brummel St, Evanston, IL 60202-4803

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1425 Dobson St

GARDEN APT, COURT APT (5+ UNITS) • 0.10 Acres

Value Estimation

$1,450,000

1425 Dobson St, Evanston, IL 60202-3798

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1301 Brummel St

GARDEN APT, COURT APT (5+ UNITS) • 0.07 Acres

Value Estimation

$1,450,000

1301 Brummel St, Evanston, IL 60202-3741

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1301 Asbury Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.07 Acres

Value Estimation

$1,450,000

1301 Asbury Ave, Evanston, IL 60201

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1118 Darrow Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,658 SF

Value Estimation

$535,000

1118 Darrow Ave, Evanston, IL 60202-1112

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3048 Central St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,304 SF

Value Estimation

$670,000

3048 Central St, Evanston, IL 60201-1167

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1221 Darrow Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,336 SF

Value Estimation by Request

1221 Darrow Ave, Evanston, IL 60202-1113

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1132 Darrow Ave, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 1,920 SF

Value Estimation by Request

1132 Darrow Ave, Evanston, IL 60202-1112

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2009 Jackson Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,348 SF

Value Estimation by Request

2009 Jackson Ave, Evanston, IL 60201-3539

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1705 Dempster St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,608 SF

Value Estimation

$630,000

1705 Dempster St, Evanston, IL 60201-4096

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1818 Dodge Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,584 SF

Value Estimation by Request

1818 Dodge Ave, Evanston, IL 60201-3430

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1206 Dewey Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,302 SF

Value Estimation

$585,000

1206 Dewey Ave, Evanston, IL 60202-1123

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2755 Eastwood Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,368 SF

Value Estimation

$690,000

2755 Eastwood Ave, Evanston, IL 60201-1524

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400 Custer Ave, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,579 SF

Value Estimation by Request

400 Custer Ave, Evanston, IL 60202-2919

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1817 Lyons St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,917 SF

Value Estimation by Request

1817 Lyons St, Evanston, IL 60201-3445

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9100 Forestview Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,651 SF

Value Estimation

$505,000

9100 Forestview Rd, Evanston, IL 60203-1728

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9122 Ewing Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF

Value Estimation by Request

9122 Ewing Ave, Evanston, IL 60203-1726

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705 Reba Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 2,040 SF

Value Estimation

$765,000

705 Reba Pl, Evanston, IL 60202-2616

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1726 Central St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,614 SF

Value Estimation by Request

1726 Central St, Evanston, IL 60201-1591

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728 Dobson St, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,212 SF

Value Estimation by Request

728 Dobson St, Evanston, IL 60202-3909

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Evanston, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 72 multifamily properties for sale in Evanston, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for multifamily properties in Evanston, IL start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

Demographics Overview

Population 81K

Population Growth (5Y) +5.3%

Median Household Income $99,828

College Educated 63.6%

High-Yield Neighborhoods for Strategic Investment

Identify Evanston submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60202	$567K
60201	$1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

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Evanston, IL Multifamily Properties for Sale

Evanston Two-Flat with Modern Comforts

Spacious two-flat in desirable Evanston neighborhood with updated amenities.

Evanston Mixed-Use Investment Opportunity

Two-unit mixed-use building in Evanston's Central Street corridor.

MULTI_FAMILY - Other - Evanston, IL

Evanston Mixed-Use Investment Opportunity

Opportunities in Nearby Cities

Rogers Park Renovated Three-Flat

Skokie Brick Multifamily Property

Rogers Park Brick Three-Flat

Skokie Six-Unit Multifamily Building

Potential Development Sites for Consideration

University Park Developable Land

Vacant Lot in Gated Community

Residential Land in Riverdale

Recreational Land in Gated Community

Off-Market Properties in Evanston, IL

1317 Brummel St

1425 Dobson St

1301 Brummel St

1301 Asbury Ave

1118 Darrow Ave

3048 Central St

1221 Darrow Ave

1132 Darrow Ave, Unit 1

2009 Jackson Ave

1705 Dempster St

1818 Dodge Ave

1206 Dewey Ave

2755 Eastwood Ave

400 Custer Ave, Unit 1

1817 Lyons St

9100 Forestview Rd

9122 Ewing Ave

705 Reba Pl

1726 Central St

728 Dobson St, Unit 1

Evanston, IL Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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