777 Hinman Ave
Evanston, IL 60202
777 Hinman Ave. · Multifamily Property For Sale
·
11 Units
Property Facts
| No. Units | 11 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 15,473 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1962/1990 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Zoning | R5 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 15,473 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1962/1990 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | R5 |
Amenities
Site Amenities
- Laundry Facilities
- Bicycle Storage
- Sundeck
- Public Transportation
About 777 HINMAN AVE , EVANSTON, IL 60202
A condominium investment opportunity is marketed exclusively for sale through Baird & Warner Real Estate. The property, 777 Hinman Avenue in Evanston, IL, is ideally located and is a great opportunity for investors to de-convert 11 condominium units into luxurious rental properties. This property is close to Northwestern University, one block from the Main Street Metra and CTA stations, near downtown Evanston, and only three blocks from Lake Michigan. The building includes 1 three-bedroom unit and 10 two-bedroom units. The three-bedroom unit has two full baths and each two-bedroom unit has one full and one half bathrooms. All the units have a dedicated heated garage parking space and the exterior brick façade is well maintained and the building has no deferred maintenance, making this property a solid luxury rental opportunity. An investor can expect to increase rents with just nominal improvements such as adding gas forced air and laundry to each unit. These units will easily attract renters willing to pay a premium for a nicely-appointed property close to Northwestern University, or those seeking easy access to downtown Chicago.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 10 | $2,025 | 1,000 |
| 3+2 | 1 | $2,600 | 1,500 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $202,371 | |
| Land Assessment | $33,470 | Total Assessment | $235,841 |
Property Taxes
