996-1012 Main St | Evanston, IL 60202
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- LoopNet Team
996-1012 Main St
Evanston, IL 60202
Multifamily Property For Sale
·
80 Units
Investment Highlights
- New ownership can assume debt at a 4% interest rate maturing in 2027
- Majority of units have not been rehabbed in the last 5 years therefore new ownership can modernize to further increase rents
- 17,500 SF adjacent parking lot provides new ownership the potential to build 22 additional units
Property Facts
| No. Units | 80 | Lot Size | 0.61 AC |
| Property Type | Multifamily | Building Size | 61,168 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 61,168 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Parking Ratio | 0.73/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Laundry Service
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 60 | - | 340 - 546 |
| 1+1 | 19 | - | 409 - 605 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $619,000 | |
| Land Assessment | $140,800 | Total Assessment | $759,800 |
Property Taxes
Parcel Numbers
Land Assessment
$140,800
Improvements Assessment
$619,000
Total Assessment
$759,800
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