1529 Greenleaf Street

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1529 Greenleaf Street

Evanston, IL 60202
Asking Price
$895K
Cap Rate
6.42%
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located in the vibrant Evanston submarket of Chicago
  • Mixed-use asset currently available for investment purchase
  • Priced at eight hundred ninety-five thousand dollars
  • Current offering yields a 6.42 percent capitalization rate
  • Ideally suited for diversified retail and residential tenants

What's Special

Evanston serves as a significant hub in the Chicago metropolitan area, characterized by its dense population and proximity to major academic and commercial institutions. Situated at 1529 Greenleaf Street, this mixed-use asset benefits from a steady demand for commercial and residential space within the local submarket. The property provides investors with a stable foundation for long-term income, capitalizing on the robust economic activity found throughout this northern suburb. Its configuration makes it a suitable candidate for diverse operational models, ranging from ground-floor retail storefronts to upper-level residential or office components. Prospective buyers can leverage the current positioning to maintain or enhance cash flow in a well-established urban environment.

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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34

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