200 South Blvd
Evanston, IL 60202
200 South Blvd · Multifamily Property For Sale · 8 Units
INVESTMENT HIGHLIGHTS
- Close to Lake and Northwestern University
- Three blocks away from train stop
- Desirable rental area
- Low Expense building
PROPERTY FACTS
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,298 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 0.96/1,000 SF |
UNIT AMENITIES
- Dishwasher
- Storage Space
- Ceiling Fans
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Range
ABOUT 200 SOUTH BLVD , EVANSTON, IL 60202
Searching for yield??? Jameson is proud to present this 8 unit condo de-conversion in desirable south/east Evanston generating a 7.49% cap rate. All 8 units are 2bd 1ba and have a designated parking spot. Many recent cap ex project have been completed by the association(Roof Tear off 2017, Water Heater 2017, Windows 2013). Units are in good condition and would require minor cosmetic touches to bring rents to market value. Four units already rented and remaining owners would lease back from new operator. Fantastic tenant location with walking distance to Purple Line El stop, Lake Michigan and Chicago Ave shopping. Easy access to the city and downtown Evanston. Desirable Lincoln school district.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 11-19-422-026-0000 | Improvements Assessment | $94,044 |
| Land Assessment | $14,928 | Total Assessment | $108,972 |
ZONING
| Zoning Code | R4 |
