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Property Description
Triton Realty Group is proud to present a fully occupied 8 unit building in desirable southeast Evanston. All 8 units are 2bd 1ba and have a designated parking spot. Each unit also has large storage cage in the basement. Many recent cap-ex projects have been completed (Water Heater 2024, New Electrical Panels 2021, Roof Tear off 2017, Windows 2013, ). Units are in great condition and there is upside on rents.
Fantastic tenant location with walking distance to Purple Line El stop, Lake Michigan, and Chicago Ave shopping. Easy access to the city and downtown Evanston. Desirable Lincoln school district.
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Property Details
Property Type
Multifamily
Year Built
Year Renovated
Current Cap-Rate
6.37%
Pro Forma Cap-Rate
6.98%
Property Highlights
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