Essex Realty Group, Inc. has been exclusively engaged to market for sale 1327-29 Brummel St., a 9-unit walk-up apartment building located in desirable Evanston, Illinois. The Property consists of eight (8) one bedroom/one bathroom units, one (1) duplexed-down three bedroom/one bathroom unit, and also includes the large adjacent parking lot consisting of twelve (12) parking spaces. The apartments feature hardwood or tile floors, laminate countertops, boiler heat and window air-conditioning.
Essex Realty Group, Inc. led an extensive marketing campaign, generating multiple written offers and creating a competitive bidding process.
Evanston, Illinois, an affluent suburb of Chicago, is located 14 miles north of Chicago’s Central Business District and is bordered by Skokie to the west, Wilmette to the north, and Lake Michigan to the east. Evanston is home to Northwestern University, which has a student population of approximately 16,000 undergraduate and graduate students. In addition, Evanston has a vibrant business community, healthcare, transportation systems and is surrounded by tree-lined streets, multi-million dollar single-family homes, beautiful parks, and lakefront access. The city’s diverse population includes students, university faculty, young professionals, and community-minded families.
According to Livability, in 2021 Evanston was ranked the 28th Best Place to Live in America, and according to Niche.com, Evanston is ranked as the 19th Best Town in America. The Evanston community has seen several recent multi-family developments along Ridge Avenue, as well as the renovation of commercial buildings in downtown Evanston. These projects have successfully attracted new residents and visitors, as well as high-end dining options to the downtown areas. Residents benefit from the multitude of community amenities including local eateries, boutiques, cafes, fitness options, parks, and trails.
- Essex Successfully Completed Both Sides of the Client’s 1031 Exchange, Selling Their Existing Property and Securing the Ideal Replacement Property to Fulfill the Trade
- 9-Unit Apartment Building in Desirable Evanston, IL
- Large Adjacent Parking Lot Consisting of Twelve (12) Parking Spaces
- Opportunity to Add Bedrooms in Select Units
- Opportunity to Add Unit(s) Through Evanston ADU
- Close Proximity to Ascension St. Francis Hospital as well as Multiple CTA Bus Stops and the Howard Redline Station