1811 Greenwood Street

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1811 Greenwood Street

Evanston, IL 60201
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Residential apartment building located at 1811 Greenwood Street in Evanston.
  • Property situated within a high-demand suburban market near Chicago.
  • Asset type designed specifically for multifamily residential use.
  • Positioned to serve students and professionals in the local area.
  • Stable investment prospect within an established North Shore community.

What's Special

Multifamily investors can capitalize on this apartment building situated at 1811 Greenwood Street in Evanston, Illinois. This residential asset provides a stable base for rental income within a robust suburban market characterized by consistent demand from academic communities and professionals working in the nearby Chicago metropolitan area. Its strategic location serves as an attractive option for tenants seeking proximity to major transportation corridors and the educational institutions that define the local economy. The density and layout of Evanston support sustained interest in apartment living, making this building a practical addition to a diversified investment portfolio. Whether managed as a long-term hold or integrated into a broader regional strategy, the property benefits from the enduring appeal of this established North Shore community. The site offers functional infrastructure for residential operations and remains well-positioned to serve the evolving needs of the local housing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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