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Abby Garth Apartments 940 Judson Ave 26 Unit Apartment Building $8,750,000 ($336,538/Unit) Evanston, IL 60202
Executive Summary
Abbey Garth Apartments
Majestic 26 unit multifamily building in a prime east Evanston location. Incredible historic property with enormous apartments and a varied unit mix. From spacious one bedroom units up to 4 bedroom 3 bathroom apartments. First time available is 20 years.
Built in 1926 by the renowned architect Samuel N. Crowen - the property is an Evanston Landmark and is on the National Register of Historic Places. This is a one of a kind property.
Central boiler (new 2025) provides steam heat to the updated vintage style apartments. Three of the units were gutted down to the studs and have central HVAC and in unit washer dryers. The remainder of the units are in updated vintage type condition on steam radiators.
Eight (smallish) garage spaces offer additional storage and or parking for small vehicles. Storage lockers in basement along with two tenant laundry rooms (machines owned).
Besides being a historic beauty - the thing that makes this property unique is the size of the units - huge. Units are rented below market and income could be increased via refurbishing kitchens and bathrooms. But the true potential for upside is in converting 1 bedroom units (900-1,000sf) into two bedroom apartments and so forth. See floor plans. Massive upside.
Building is 100% occupied.
Call or email for more details, rent roll, proforma, schedule showing, etc.
Majestic 26 unit multifamily building in a prime east Evanston location. Incredible historic property with enormous apartments and a varied unit mix. From spacious one bedroom units up to 4 bedroom 3 bathroom apartments. First time available is 20 years.
Built in 1926 by the renowned architect Samuel N. Crowen - the property is an Evanston Landmark and is on the National Register of Historic Places. This is a one of a kind property.
Central boiler (new 2025) provides steam heat to the updated vintage style apartments. Three of the units were gutted down to the studs and have central HVAC and in unit washer dryers. The remainder of the units are in updated vintage type condition on steam radiators.
Eight (smallish) garage spaces offer additional storage and or parking for small vehicles. Storage lockers in basement along with two tenant laundry rooms (machines owned).
Besides being a historic beauty - the thing that makes this property unique is the size of the units - huge. Units are rented below market and income could be increased via refurbishing kitchens and bathrooms. But the true potential for upside is in converting 1 bedroom units (900-1,000sf) into two bedroom apartments and so forth. See floor plans. Massive upside.
Building is 100% occupied.
Call or email for more details, rent roll, proforma, schedule showing, etc.
Property Facts
| Price | $8,750,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $336,538 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Sale Condition | 1031 Exchange | Building Size | 37,560 SF |
| No. Units | 26 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1929 |
| Price | $8,750,000 |
| Price Per Unit | $336,538 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 37,560 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1929 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 26 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 11-19-221-008-0000 | Improvements Assessment | $477,992 |
| Land Assessment | $67,008 | Total Assessment | $545,000 |
Property Taxes
Parcel Number
11-19-221-008-0000
Land Assessment
$67,008
Improvements Assessment
$477,992
Total Assessment
$545,000
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Abby Garth Apartments | 940 Judson Ave
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