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2043 Asbury Ave
Evanston, IL 60201
2043 Asbury Avenue · Multifamily Property For Sale
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3 Units


INVESTMENT HIGHLIGHTS
- Access & Connectivity
- Separately Metered Utilities
- Off-Street Parking & Garage
- Area Amenities & Demand Drivers
- Nearby Higher Education & Employers
- Strong Rental Demographics & Demand
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2043 Asbury Avenue in Evanston, IL (the “Property”). The multi-story building contains three (3) total units comprised of one (1) 4-Bedroom/1-Bathroom unit, one (1) 3-Bedroom/1-Bathroom unit, and one (1) 2-Bedroom/1-Bathroom unit with 3,050 square feet of gross living area and 3,200 square feet of gross area. The Property is situated upon a 0.17-acre parcel and offers ample parking with two (2) garage spaces available and five (5) surface spaces available. 2043 Asbury Avenue is ideally situated in a highly desirable Evanston neighborhood just west of downtown, offering excellent visibility and seamless access to key local amenities. The property benefits from its proximity to Northwestern University, major retail corridors along Davis Street and Chicago Avenue, and the vibrant cultural, dining, and entertainment options that define Evanston’s urban appeal. Convenient connections to Ridge Avenue, Green Bay Road, and public transit, including CTA and Metra stations, provide efficient access throughout the North Shore and into downtown Chicago. The surrounding tree-lined residential streets, parks, and community resources further enhance livability and long-term tenant demand.
PROPERTY FACTS
| Price Per Unit | $300,000 | Building Size | 3,200 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.04% | No. Stories | 2 |
| No. Units | 3 | Year Built | 1967 |
| Property Type | Multifamily | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.17 AC |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.17 AC |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 2.19/1,000 SF |
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