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1135-1137 Maple Ave
Evanston, IL 60202
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 15,216 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1927 |
| Zoning | R4, Evanston | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 15,216 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1927 |
| Zoning | R4, Evanston |
ABOUT 1135-1137 MAPLE AVE , EVANSTON, IL 60202
Monarch Realty Partners is pleased to exclusively offer for sale a rarely available 10-unit walk-up property located at 1135 Maple in Evanston, IL. The unit mix consists of nine [9] 2BR/1Ba and [1] 1BR/1Ba. Built in the 1920’s, the property features large apartments with spacious bedrooms and separate dining and living rooms. The building has been meticulously maintained and includes a new boiler, recent tuckpointing, and newer windows. Fully-leased with several long-term tenants, the property is already stabilized and has in-place rent upside. Given the property’s excellent location and relative size, a buyer could otherwise create value through renovation. Units can be fully modernized to include HVAC and laundry. The sizeable layouts allow for additional bedrooms and bathrooms as well as duplex opportunities. Updated, well-located apartments are in heavy demand therefore rents can be driven significantly higher through renovation. The subject property is located in a quiet residential area featuring beautiful Victorian homes just south of downtown Evanston near both Lake Michigan and Northwestern University. It is [3] blocks from Chicago Avenue, a vibrant restaurant and shopping corridor with Trader Joes, Union Pizza, Evanston Space, Dollop Coffee, Hoosier Mama Pie and more. CTA Dempster and Metra Main stations are within blocks and downtown Chicago is easily accessible via Lake Shore Drive.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 11-19-109-003-0000 | Improvements Assessment | $116,893 |
| Land Assessment | $17,160 | Total Assessment | $134,053 |
PROPERTY TAXES
