1822 Lyons Street
Evanston, IL 60201

  • 4 beds
  • 3 baths
  • – sqft
  • 2,360 sqft lot
  • on site

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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.

Midwest Real Estate Data logo Listing courtesy of MRED / @properties as distributed by MLS GRID MLS GRID logo

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# 09768539 —

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Sale history

Date Event Source Price % Change
11/13/07
MRED $280,000

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Multifamily Sold on 11/9/2017

$225,000

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Listing provided by broker:

Christopher Gaggero

@properties

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Midwest Real Estate Data logo Listing courtesy of MRED, @properties, and Christopher Gaggero as distributed by MLS GRID.

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Based on information submitted to MLS GRID as of Apr 17, 2024, 02:21 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.