1006-08 Garnett Place, Evanston, IL, 60201
1006-08 Garnett Place
Evanston, IL 60201
Property Type:MultiFamily Apartments
Last Verified:Sep 19, 2022
- 3-unit Investment Property offers off-campus housing for NU students. Includes a 2BR/1Bath Coach House, a 4BR/1Bath apartment and a 5BR/2Bath apartment on two levels.
- Leases secured in the Spring expire on 8/31 of the following year (current leases expire 8/31/23).
- Within blocks of Northwestern, transportation options (Bus, METRA and CTA Purple Line) and Downtown Evanston's abundant Retail, Restaurant and Entertainment venues.
- Additional income from 6 surface parking spaces and a 1-car Garage.
- Under the same ownership for 18 years.
- Zoning: R4a and Transit-Oriented Development.
- PIN: 11-18-108-018-0000
- Taxes: $18,744 (2020)
- NOI: $95,000 projected for 12 months ending 8/31/23
- Offer Price: $1,595,000
Ideal for Investors looking to add to their portfolios and for first-time Investors seeking a lower-risk, secure entry to the Investment Market
Building Size: 3550sq ft
Lot Size: 0 acres