2108 Wesley Avenue, Evanston, IL 60201

Evanston
Local realty services provided by:Results Realty ERA Powered
2108 Wesley Avenue,Evanston, IL 60201
$1,008,000
  • 9 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: safwan patel, xiansong liu
Office: youmu ventures llc.
MLS#:12699962
Source:MLSNI

Price summary

  • Price:$1,008,000

About this home

Rare investment opportunity in Evanston's highly sought-after rental market, offering an estimated 7.00 cap rate and a 7.41 cash-on-cash return. This well-maintained two-unit property provides stable in-place income with significant upside potential through future rent increases and flexible rental strategies in one of Evanston's strongest rental markets. The property features two spacious units with distinct floor plans that appeal to a wide range of tenants. The first-floor unit is ideal for families, Northwestern University students, and young professionals. The second-floor unit includes a finished third-floor attic with three additional bedrooms and one full bathroom, creating multiple value-add opportunities and increased rental income potential. Ideally located within a five-minute walk of Ingraham Park and Foster Park, the property is surrounded by restaurants, cafes, Walgreens, and boutique shopping. Northwestern University is just a five-minute drive away, providing a...

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Home facts

  • Year built:1899
  • Listing ID #:12699962
  • Updated:September 06, 2026 at 11:02 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Radiant, Steam

Structure and exterior

  • Roof:Asphalt
  • Year built:1899
  • Architectural Style:Victorian

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,008,000
  • Tax amount:$12,615 (2024)

Features and amenities

  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:2
  • Parking description:Attached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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