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Listed by Charles Vasbinder • Juniper Real Estate LLC
$1,250,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12434805
Year Built 1926
Annual Tax Amount $23,547
Tax Year 2023
Lot Dimensions 8185 Sq Ft
Property Sub-Type Multi Family 5+
Property Description
Kiser Group is pleased to exclusively offer for purchase 1317 Brummel St, a charming 7-unit apartment building nestled in the desirable community of Evanston, IL. Just 14 miles north of downtown Chicago, Evanston is renowned for its vibrant arts scene, beautiful Lake Michigan shoreline, top-tier public schools, and the esteemed Northwestern University, offering residents a rich blend of urban sophistication and suburban tranquility. Situated on a peaceful street, 1317 Brummel St features an attractive unit mix of six (6) spacious 2BD/1BA apartments and one (1) well-appointed 1BD/1BA apartment. The property offers a tasteful combination of vintage charm and modern updates, with units featuring original hardwood floors, separate dining rooms, and abundant natural light. Tenants benefit from on-site amenities such as a shared laundry room and convenient street parking. Heat and water are included in the rent, enhancing tenant appeal. 1317 Brummel St presents investors with a distinctive opportunity to acquire a well-maintained asset in Evanston's highly soughtafter rental market. The property's desirable unit mix and location, with excellent walkability and proximity to public transportation (including the Howard train junction), shopping, dining, and parks (like Clyde Brummel Park), ensure consistent tenant demand. With a strong local rental market and Evanston's continued appreciation of property values, this offering provides significant potential for enhanced returns through strategic management and continued modernization efforts.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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