Back 1822 Lyons St
Off Market

1822 Lyons St

Evanston IL 60201

4
Multi-Family
Last sold for $225,000
Christopher GaggeroChristopher Gaggero, last sold this property on 09 November 2017 after 23 days on market.

Overview

Turnkey investment property in up-and-coming area of Evanston. 9.7% cap rate, 17.2% cash on cash return with realistic projected rents & expenses.* Entire building just rehabbed. Units ready for tenants to move in. Two 2 bed, 1 bath units with newer kitchen & baths, brand new appliances, new floors / carpet, mostly newer windows. All freshly painted. Laundry in basement as well as "in law" arrangement with 3 rooms & full bathroom.** Separatel utilities. Whole building newly tuck-pointed. Nothing to do but get it rented and start making money. Convenient for high school, grocery store & downtown Evanston. Sought after Willard Elementary school, Haven middle school. *Rents & expenses are projected--seller bought vacant building earlier this year. See Agent Remarks (or ask your agent) for more details. **Neither agent nor owner makes any representations as to the legality of the basement space.

Features

4 bedrooms
Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Evanston over the last 12 months.

Property history for 1822 Lyons St

2017
Sold
$225,000
09 Nov 2017 by Christopher Gaggero, of @properties Christie's International Real Estate
2007
Sold
$280,000
13 Nov 2007 by Randolph Parks, of First Chicago Real Estate, Inc.

Happy sellers in Evanston

100%
100% of sellers in Evanston reported that their sale price either exceeded or met their price expectations.

Evanston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Evanston over the last 12 months.

Local market activity for 4 bedroom multi families in Evanston

In the last 12 months, 2 four-bedroom multi families similar to 1822 Lyons St, have been sold.

This represents a 60% increase in four-bedroom multi families sales when compared to the previous 12 months.

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