Description
Investor opportunity in Evanston with a long-term tenant already in place. This 5-bedroom, 3-bath home has been leased to the same tenant since February 2023 and currently generates $3,842 per month in rental income. Situated on a quiet residential street, the home offers plenty of living space, an attached 1.5-car garage with alley access, and additional driveway parking. Originally converted from a two-flat, the layout provides flexibility and room that continues to attract and retain quality tenants. Conveniently located near Evanston Township High School, Kingsley Elementary, Haven Middle School, Fleetwood-Jourdain Community Center, Family Focus Community Center, parks, tennis courts, and other neighborhood amenities. Property is being sold As-Is. The seller has never occupied the property. Great opportunity for an investor looking to add a performing rental property with an established tenant and immediate income.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,898
Garage Size: 2
Attached Garage
Built in 1893
Elementary School: Henking Elementary School
High School: Evanston Twp High School
Middle School: Haven Middle School
General Information
Bedrooms: 5
Bathrooms: 3
Sqft: 1,898
County: Cook
High School: Evanston Twp High School
Listed By:
eXp Realty
888-574-9405
MRED MLS
MLS ID: 12663204
Room Information
Bedroom 5: 11X11
Bedroom 2: 14X12
Bedroom 3: 15X10
Bedroom 4: 12X10
Dining Room: COMBO
Kitchen: 12X11
Laundry: 10X8
Living Room: 17X14
Primary Bedroom: 20X8
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1910 Dewey Avenue , Evanston, IL 60201.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $469,900 | $469,900 | $469,900 |
| Down Payment | $93,980 | $16,447 | $117,475 |
| Monthly Mortgage Amount | $2,284 | $2,841 | $2,903 |
| Taxes | $654 | $654 | $654 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $207 | $0 |
| Monthly Estimated Total | $3,075 | $3,839 | $3,694 |
Kathleen Cobler
Cell: (563) 340-0815
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