Property Overview

Interra Realty has been exclusively engaged to market 940 Pitner Avenue in Evanston, IL, for sale. This investment opportunity consists of five (5) live-work, loft-style apartments with off-street parking. Originally a bow truss building, the property was completely transformed into a modern, loft-style apartment community through an adaptive re-use project completed in 2010 by a renowned local architect.

Located in the vibrant City of Evanston, the property benefits from an array of neighborhood amenities, including grocery stores, dining options and parks. The unit mix features two (2) single-story, one-bedroom/one-bath units and three (3) duplex, two-bedroom/one-bathroom units. All apartments have been thoughtfully renovated, offering unique layouts that stand out in the rental market. Each unit also comes equipped with in-unit laundry and individual HVAC systems.
This investment presents the opportunity to acquire a distinctive, cash-flowing asset within minimal operational expenses.

Highlights

  • Unique Loft-Style Apartments
  • Adaptive Re-Use Completed in 2010 By Local Architect
  • Individual 90% Efficient HVAC Systems and In-Unit Laundry
  • Five (5) Off-Street Parking Spaces
  • Minimal Landlord Expenses

Key Details

Sale Price
$1,350,000
Number of Units
Five (5) Live-Work Loft Units
Submarket
Evanston