Extraordinary investment opportunity for 11.8% cap rate with 20% down. See attached spreadsheet. Garden and first floor units are occupied. The 2nd floor unit is ready for occupancy. Photos are of the 2nd floor unit and utility room only. Radiator heat. There is a place for laundry in the basement. Parking pad for 2 cars out back, ready for a garage. Recent improvements include new carpeting in the front stairwell, new siding on sides and rear, improvements to the rear stairs. Only qualified buyers will see the occupied units, G and 1. Rent income for unit 2 is the most recent rent received.
Closed
$505,000
1921 Grey Ave, Evanston, IL 60201
8beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$635,600 Zestimate®
$--/sqft
$1,561 Estimated rent
Home value
$635,600
$597,000 - $680,000
$1,561/mo
Zestimate® history
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$1,561/mo
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$3,579/mo
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$3,579/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Linda Hoffmann 847-962-5810,
@properties Christie's International Real Estate
Bought with:
Demetrios Therios
Jameson Sotheby's International Realty
Source: MRED as distributed by MLS GRID,MLS#: 11792154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Radiator(s)
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Off Alley, On Site, Other
Lot
- Size: 4,225 sqft
- Dimensions: 25 X 169
Details
- Parcel number: 10131090130000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Evanston
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2023 | Sold | $505,000+5.4% |
Source:  MRED as distributed by MLS GRID #11792154 Report a problem | ||
| 7/10/2023 | Pending sale | $479,000 |
Source: MRED as distributed by MLS GRID #11792154 Report a problem | ||
| 6/1/2023 | Contingent | $479,000 |
Source: MRED as distributed by MLS GRID #11792154 Report a problem | ||
| 5/25/2023 | Listed for sale | $479,000+152.1% |
Source: MRED as distributed by MLS GRID #11792154 Report a problem | ||
| 9/4/2008 | Sold | $190,000-66.1% |
Source: Public Record Report a problem | ||
| 8/22/2006 | Sold | $560,000+20.4% |
Source: Public Record Report a problem | ||
| 2/6/2006 | Sold | $465,000+42% |
Source: Public Record Report a problem | ||
| 3/12/2003 | Sold | $327,500-9% |
Source: Public Record Report a problem | ||
| 5/7/2001 | Sold | $360,000+132.3% |
Source: Public Record Report a problem | ||
| 11/8/1996 | Sold | $155,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $33,000 |
| 2023 | $7,989 +4.2% | $33,000 |
| 2022 | $7,665 +33.5% | $33,000 +52.5% |
| 2021 | $5,742 +1.4% | $21,639 |
| 2020 | $5,666 -3.3% | $21,639 -13.5% |
| 2019 | $5,862 -8.5% | $25,017 +7% |
| 2018 | $6,405 +2.7% | $23,377 |
| 2017 | $6,237 +5.4% | $23,377 |
| 2016 | $5,916 +32.3% | $23,377 +40.2% |
| 2015 | $4,472 +1% | $16,679 |
| 2014 | $4,430 +2.4% | $16,679 |
| 2013 | $4,328 -26.8% | $16,679 -33.3% |
| 2012 | $5,911 +4.8% | $25,018 |
| 2011 | $5,642 +0.5% | $25,018 |
| 2010 | $5,615 -32.8% | $25,018 -38.1% |
| 2009 | $8,359 +2.8% | $40,423 -4% |
| 2008 | $8,134 -21.3% | $42,108 -24.2% |
| 2007 | $10,339 +98.8% | $55,580 +124.3% |
| 2006 | $5,200 +1.7% | $24,783 |
| 2005 | $5,113 +2.6% | $24,783 |
| 2004 | $4,985 +1.7% | $24,783 +11.4% |
| 2003 | $4,904 +2.8% | $22,252 |
| 2002 | $4,769 +37.1% | $22,252 |
| 2001 | $3,479 +1.9% | $22,252 +54.4% |
| 2000 | $3,416 +19.3% | $14,410 |
| 1999 | $2,864 | $14,410 |
Find assessor info on the county website
Neighborhood: 60201
Nearby schools
GreatSchools rating
- 6/10Kingsley Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Haven Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Evanston Twp High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Kingsley Elementary School
- Middle: Haven Middle School
- High: Evanston Twp High School
- District: 65
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$635,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$635,600
- Illinois
- Cook County
- Evanston
- 60201
- 1921 Grey Ave
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