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1915 Asbury Ave
Evanston, IL 60201
Multifamily Property For Sale
·
2 Units
EXECUTIVE SUMMARY
1915 Asbury a 2-flat which brings in a total monthly revenue of $2,875. The unit mix
consists of two (2) 2Bdr/1Ba. The first and second floor units have individual furnaces
with AC and both units boast a separate den, living and dining room. There's an
add-value opportunity to conver these units into two (2) 3Bdr/1Ba.
The building also houses a non conforming garden unit. This unit features an individual
furnace without air conditioning, 2Bdr/1Ba with a spacious layout. We make no
representation or warranty as to the legality of the one garden unit. The income from the
garden unit which is currently occupied, is not included in the underwriting. Adjacent to
the garden unit is a laundry room for the building which generates additional income.
The property is within short walking distance to Downtown Evanston and the Foster CTA L Station and close proximity
to Northwestern University.
Property sold "as is"
consists of two (2) 2Bdr/1Ba. The first and second floor units have individual furnaces
with AC and both units boast a separate den, living and dining room. There's an
add-value opportunity to conver these units into two (2) 3Bdr/1Ba.
The building also houses a non conforming garden unit. This unit features an individual
furnace without air conditioning, 2Bdr/1Ba with a spacious layout. We make no
representation or warranty as to the legality of the one garden unit. The income from the
garden unit which is currently occupied, is not included in the underwriting. Adjacent to
the garden unit is a laundry room for the building which generates additional income.
The property is within short walking distance to Downtown Evanston and the Foster CTA L Station and close proximity
to Northwestern University.
Property sold "as is"
PROPERTY FACTS
| Sale Type | Investment | Building Class | B |
| No. Units | 2 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 2,756 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1889 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 2,756 SF |
| No. Stories | 2 |
| Year Built | 1889 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | 1,378 |
PROPERTY TAXES
| Parcel Number | 10-13-213-006-0000 | Improvements Assessment | $35,000 |
| Land Assessment | $3,000 | Total Assessment | $38,000 |
PROPERTY TAXES
Parcel Number
10-13-213-006-0000
Land Assessment
$3,000
Improvements Assessment
$35,000
Total Assessment
$38,000
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