Property Overview

Interra Realty has been exclusively engaged to market a fourteen (14) unit apartment building in Evanston. The property consists of eleven (11) one bed / one bath units and three (3) studio units. The property underwent an extensive adaptive reuse project in 2017, where the ground floor was converted from retail space into six (6) ADA accessible apartments. The units were built out with individual HVAC, in-unit hot water heaters, new electrical service and plumbing. Additional capital improvements include a new boiler (services 2nd/3rd floor units), new roof layer, installation of laundry machines, intercom system, security cameras and a complete fire sprinkler system throughout the property.

Highlights

  • Extensive Adaptive Reuse Conversion to Apartments
  • 6 ADA Accessible Apartments
  • Several Capital Improvements
  • Value-Add Opportunity
  • 10 Exterior Parking Spaces

Key Details

SALE PRICE
$1,550,000
NUMBER OF UNITS
14
BUILDING SIZE
7,920 SF