Log In/Sign Up
Your email has been sent.
1103 Simpson Street 1103 Simpson St 2 Unit Apartment Building $925,000 ($462,500/Unit) 7.25% Cap Rate Evanston, IL 60201
Investment Highlights
- Located within an established commercial corridor.
- Suitable for a variety of commercial uses.
- Accessible to major arterials, highways, and surrounding communities.
- Visibility and accessibility support commercial operations.
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1103 Simpson Street in Evanston, IL (the “Property”). The two-story brick building contains two (2) 3-Bedroom/1-Bathroom units with 2,400 square feet of gross living area in 2,800 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features on-street parking spaces.
1103 Simpson Street is well-positioned within Evanston’s established residential neighborhood network, offering convenient access to the city’s vibrant downtown district, neighborhood retail corridors, and the broader North Shore region. The property benefits from strong connectivity via nearby Ridge Avenue, Green Bay Road, and Sheridan Road, while also providing quick access to Interstate 94 and U.S. Route 41, allowing for efficient travel throughout the Chicago metropolitan area.
1103 Simpson Street is well-positioned within Evanston’s established residential neighborhood network, offering convenient access to the city’s vibrant downtown district, neighborhood retail corridors, and the broader North Shore region. The property benefits from strong connectivity via nearby Ridge Avenue, Green Bay Road, and Sheridan Road, while also providing quick access to Interstate 94 and U.S. Route 41, allowing for efficient travel throughout the Chicago metropolitan area.
Property Facts
| Price | $925,000 | Property Subtype | Apartment |
| Price Per Unit | $462,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.25% | Building Size | 2,800 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Price | $925,000 |
| Price Per Unit | $462,500 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,800 SF |
| No. Stories | 2 |
| Year Built | 1924 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 11-07-119-017-0000 | Improvements Assessment | $53,372 |
| Land Assessment | $8,284 | Total Assessment | $61,656 |
Property Taxes
Parcel Number
11-07-119-017-0000
Land Assessment
$8,284
Improvements Assessment
$53,372
Total Assessment
$61,656
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1103 Simpson Street | 1103 Simpson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.