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2043 Asbury Ave 3 Unit Apartment Building $1,248,660 CAD ($416,220 CAD/Unit) 6.04% Cap Rate Evanston, IL 60201



INVESTMENT HIGHLIGHTS
- 3 Unit property with convenient access to Green Bay Rd.
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2043 Asbury Avenue in Evanston, IL (the “Property”). The multi-story building contains three (3) total units comprised of one (1) 4-Bedroom/1-Bathroom unit, one (1) 3-Bedroom/1-Bathroom unit, and one (1) 2-Bedroom/1-Bathroom unit with 3,050 square feet of gross living area and 3,200 square feet of gross area. The Property is situated upon a 0.17-acre parcel and offers ample parking with two (2) garage spaces available and five (5) surface spaces available. 2043 Asbury Avenue is ideally situated in a highly desirable Evanston neighborhood just west of downtown, offering excellent visibility and seamless access to key local amenities. The property benefits from its proximity to Northwestern University, major retail corridors along Davis Street and Chicago Avenue, and the vibrant cultural, dining, and entertainment options that define Evanston’s urban appeal. Convenient connections to Ridge Avenue, Green Bay Road, and public transit, including CTA and Metra stations, provide efficient access throughout the North Shore and into downtown Chicago. The surrounding tree-lined residential streets, parks, and community resources further enhance livability and long-term tenant demand
PROPERTY FACTS
| Price | $1,248,660 CAD | Building Class | C |
| Price Per Unit | $416,220 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,200 SF |
| Cap Rate | 6.04% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 2.19/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,248,660 CAD |
| Price Per Unit | $416,220 CAD |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1967 |
| Parking Ratio | 2.19/1,000 SF |
AMENITIES
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 11-18-100-004-0000 | Improvements Assessment | $52,511 CAD |
| Land Assessment | $30,675 CAD | Total Assessment | $83,186 CAD |
PROPERTY TAXES
Parcel Number
11-18-100-004-0000
Land Assessment
$30,675 CAD
Improvements Assessment
$52,511 CAD
Total Assessment
$83,186 CAD
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2043 Asbury Ave
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