Address
940 Pitner Avenue, Evanston, IL
Price
$ 1,525,000
Property Attributes
  • MLS#11962096
  • TypeMulti-Family
  • CountyCOOK
  • CityEvanston
  • AreaEvanston
  • Zip60202
  • Style
  • Year Built1956
  • Taxes$ 13883
  • Price$ 1,525,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Come check out this rare and unique investment opportunity! 940 Pitner was originally constructed in 1956 and meticulously renovated in 2009 into (5) loft style apartments. It consists of (3) 2-beds / 1-bath units and (2) 1-bed / 1-bath units. The units have been updated with open floorplans, sky lights, multi-level space, individual HVAC systems, in-unit washer / dryer and high efficiency water heaters. The building features a unique bowstring truss construction and has (5) surface parking spaces. It is 100% leased. This is a rare opportunity and truly a must see!

Price History
1/16/2024 Listed $1,525,000

General Features

Cooling Central Individual
Year Built 1956
Tenant Pays Air Conditioning,Electricity,Heat
Stories 2
Tax Year 2022
Gross Income 122100
County Cook
Net Operating Income 98091
Operating Expense 20346
Insurance Expense 1985
Property Type Commercial Sale
MaintenanceExpense 1500
Status Active
Directions North of Main Street and on the west side of Pitner.
City Evanston
NumberOfUnitsTotal 5
MLS Area Evanston
Street Name Pitner
Tax Annual Amount 13883
Trash Expense 696
Water Sewer Expense 882
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 60 X 120

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60202

Price
AVG $1.09M
$1.53M
Taxes
AVG $18,039
$13,883
Visits
AVG 115
286
Data Provided by Inside Real Estate®
Year Built
AVG 1932
1956