828 Seward St
Marcus & Millichap is pleased to present this multi-family real estate opportunity in the city of Evanston, Illinois. The subject property of 828 Seward Street is located 12.5 miles north of Chicago's downtown loop area, 500 feet east of the CTA's Seward & Ridge bus 201 & 206 stops, and 0.5 miles west of the CTA's South Boulevard Purple Line train station. The unit mix for the subject property consists of six one-bedroom one-bathroom units that measure 700 square feet and three two-bedroom onebathroom units that measure 900 square feet respectively.
Evanston, Illinois is one of Chicago's most sought after suburbs for homeowners and renters. Its unique mix of diversity, community, upscale neighborhoods, shopping, and transportation infrastructure make it extremely attractive for residents and investors. In addition, Evanston is home to Northwestern University, considered one of the premier universities in the United States (pop. 17,000+ students). Evanston is accessible by various modes of transportation, including multiple CTA "El" lines, Metra train, and Pace & CTA bus routes.
An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset as well as the ability to raise current rents to conform with the current market.