Homes for sale - 2725-27 Central ST, Evanston, IL 60201

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$2,750,000

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2725-27 Central ST Evanston, IL 60201

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

09/20/2024 08:24 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12153057

Year Built 1956

Annual Tax Amount $29,836

Tax Year 2022

Lot Dimensions 95 X 146

Property Description

The well-maintained, charming, vintage building offers 10 (1 bed/1 bath) and 4 (2 bed/1.5 bath), a common laundry and unusually large individual storage units in the basement. The mechanicals and roof are in good shape (boiler - 2014). Newer three-story windows in the entryways bring a flood of light into the common stairways. Ten parking spaces, rented at an additional cost, are available right outside the building. Rent includes heat and hot water. Tenants are responsible for electric, window air conditioners, WiFi and cable. This multifamily apartment investment opportunity is located on beautiful tree-lined Central Street in Evanston, Illinois. It is a very walkable neighborhood with a small town feel and one of a kind retail shops, restaurants, and coffee shops. It is within walking distance to the new Northwestern University athletic and event venue or a bike ride or quick drive to college classes. Evanston public transportation is outside the door and will take you to the NW campus, downtown Evanston, the lakefront or Old Orchard. The nearby Metra will get you to Chicago and the 94 Expressway is minutes away. There is a vacant, landscaped lot to the north of the property which will provide future investment opportunity. units. Property Highlights: - Never sold on the market - All units currently rented - Boiler replaced in 2014 - 10 of 14 units have updated kitchen/baths within 4 years - Recent 3 story windows in entrance foyers - 10 - 1 Bedrooms 850 sq/ft w/living & dining rooms - 4 - 2 Bedroom/1.5 baths 1000 sq/ft w/living & dining rooms - 10 parking spaces provide additional rental income - Storage spaces large enough to accommodate bicycles - The additional landscaped lot is gently enjoyed by the tenants and would provide a generous space for a communal garden and/or patio area, if not sold or used for additional units.

Location

State IL

County Cook

Area Evanston

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Listed by Mary Von Mandel • Berkshire Hathaway HomeServices Chicago

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106