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1103 Simpson Street 1103 Simpson St 2 Unit Apartment Building $1,314,638 CAD ($657,319 CAD/Unit) 7.25% Cap Rate Evanston, IL 60201
Investment Highlights
- ACCESS & CONNECTIVITY
- PROXIMITY TO NORTHWESTERN UNIVERSITY
- DURABLE BRICK CONSTRUCTION
- AREA AMENITIES & DEMAND DRIVERS
- SEPARATELY METERED UTILITIES
- STRONG RENTAL DEMOGRAPHICS & DEMAND
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1103 Simpson Street in Evanston, IL (the “Property”). The two-story brick building contains two (2) 3-Bedroom/1-Bathroom units with 2,400 square feet of gross living area in 2,800 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features on-street parking spaces.
1103 Simpson Street is well-positioned within Evanston’s established residential neighborhood network, offering convenient access to the city’s vibrant downtown district, neighborhood retail corridors, and the broader North Shore region. The property benefits from strong connectivity via nearby Ridge Avenue, Green Bay Road, and Sheridan Road, while also providing quick access to Interstate 94 and U.S. Route 41, allowing for efficient travel throughout the Chicago metropolitan area.
1103 Simpson Street is well-positioned within Evanston’s established residential neighborhood network, offering convenient access to the city’s vibrant downtown district, neighborhood retail corridors, and the broader North Shore region. The property benefits from strong connectivity via nearby Ridge Avenue, Green Bay Road, and Sheridan Road, while also providing quick access to Interstate 94 and U.S. Route 41, allowing for efficient travel throughout the Chicago metropolitan area.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Exceptionally bikeable
90/100
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1103 Simpson Street | 1103 Simpson St
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