Rare Investment Opportunity - Don't miss this exceptional chance to own a beautifully renovated 1911 Victorian farmhouse, thoughtfully converted into three distinctive legal units. Each apartment has been renovated with modern finishes, and well-appointed kitchens and baths. The current owner has completed extensive updates, including new kitchens, updated bathrooms, and all-new mechanical systems, ensuring each unit is stylish, comfortable and turnkey. Located in one of Evanston's most desirable neighborhoods, the property is just a short walk to both Metra and CTA stations, surrounded by popular restaurants, thriving local businesses, and only blocks from the lakefront and Lee Street Beach. With a strong cap rate, this property is a smart addition to any investor's portfolio.
Closed
$774,000
827 Sherman Ave, Evanston, IL 60202
5beds
--sqft
Multi Family
Built in 1911
-- sqft lot
$814,400 Zestimate®
$--/sqft
$2,276 Estimated rent
Home value
$814,400
$733,000 - $904,000
$2,276/mo
Zestimate® history
Owner options
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$2,276/mo
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$2,276/mo
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$5,443/mo
Est. payment
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$5,443/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Mary Summerville, SRES 847-507-2644,
Coldwell Banker Realty,
Arn Ahlstrom 708-648-1513,
Coldwell Banker Realty
Bought with:
Craig Fallico
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12360905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Features
- Fencing: Fenced
Lot
- Size: 3,535 sqft
- Dimensions: 35 X 101
Details
- Parcel number: 11193030150000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Asbestos
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Evanston
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $774,000+244.2% |
Source:  MRED as distributed by MLS GRID #12360905 Report a problem | ||
| 5/28/2015 | Sold | $224,900-44.9% |
Source: MRED as distributed by MLS GRID #08728084 Report a problem | ||
| 11/26/2004 | Sold | $408,000+51.1% |
Source: Public Record Report a problem | ||
| 9/5/2001 | Sold | $270,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $55,000 +0% |
| 2023 | $12,677 +4.5% | $54,999 |
| 2022 | $12,136 +31.8% | $54,999 +46.4% |
| 2021 | $9,206 +0.7% | $37,560 |
| 2020 | $9,141 -0.9% | $37,560 -11.2% |
| 2019 | $9,226 -9.8% | $42,298 +5% |
| 2018 | $10,228 +2.5% | $40,278 |
| 2017 | $9,975 +3% | $40,278 |
| 2016 | $9,684 +11.4% | $40,278 +16.4% |
| 2015 | $8,695 +0.8% | $34,596 |
| 2014 | $8,626 +2.6% | $34,596 |
| 2013 | $8,411 +0.5% | $34,596 -7.6% |
| 2012 | $8,373 +3.4% | $37,454 |
| 2011 | $8,101 +8.7% | $37,454 |
| 2010 | $7,451 -3.9% | $37,454 -12.8% |
| 2009 | $7,758 +10% | $42,960 -4% |
| 2008 | $7,051 +12.8% | $44,750 |
| 2007 | $6,249 -33.3% | $44,750 +1.6% |
| 2006 | $9,369 +1.7% | $44,057 |
| 2005 | $9,209 +2.6% | $44,057 |
| 2004 | $8,977 +37.7% | $44,057 +50.9% |
| 2003 | $6,520 +2.9% | $29,197 |
| 2002 | $6,338 +27.6% | $29,197 |
| 2001 | $4,968 +13% | $29,197 +43.9% |
| 2000 | $4,396 +2.5% | $20,295 |
| 1999 | $4,288 | $20,295 |
Find assessor info on the county website
Neighborhood: Main-Chicago
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Nichols Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Evanston Twp High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary School
- Middle: Nichols 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
$814,400
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
$814,400
- Illinois
- Cook County
- Evanston
- 60202
- Main-Chicago
- 827 Sherman Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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