Essex Realty Group, Inc. is pleased to annouce the sale of 531-539 Hinman Ave., a 26-unit vintage courtyard apartment building located in Evanston, Illinois. The property is ideally located less than half a mile from Lake Michigan, and 1.5 miles from Northwestern University.
The units are remarkably large, averaging 1,323 SF. All apartments feature separate kitchen, dining, and living rooms, a foyer, and large bedrooms. Apartments also feature vintage finishes with crown molding and hardwood floors throughout. Six of the twenty-six units have updated kitchens.
Essex 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.
- Extraordinary Courtyard Apartment Building in Premier Evanston Location
- Sold for the First Time in 50+ Years
- 20 Tours and 11 Offers
- Steps from Lake Michigan, Main St. Metra, and South Blvd. Purple Line Stations