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Remarks:

Here is a great opportunity for investors to de-convert 11 condominium units into luxurious rental properties. This property is close to Northwestern University, one block from the Main Street Metra and CTA stations, near downtown Evanston, and only three blocks from Lake Michigan. The building includes 1 three-bedroom unit and 10 two-bedroom units. The three-bedroom unit has two full baths and each two-bedroom unit has one full and one half bathrooms. All the units have a dedicated garage parking space and the exterior brick facade is well maintained and most units are updated making this property a solid luxury rental opportunity. An investor can expect to increase rents with just nominal improvements such as adding gas forced air and laundry to each unit. These units will easily attract renters willing to pay a premium for a nicely-appointed property close to Northwestern University, or those seeking easy access to downtown Chicago.

Property Details

* School Data Source: U.S. Department of Education and National Center for Education Statistics (NCES) collects the school attendance boundaries biennially from geographically defined schools districts. Refer to School Attendance Boundary Information Systems (SABINS) project nces.ed.gov.

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