2026 Maple Avenue

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2026 Maple Avenue

Evanston, IL 60201
Asking Price
$975K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for acquisition at 2026 Maple Avenue.
  • Located in Evanston, Illinois, a key residential submarket near Chicago.
  • The asking price for this multifamily asset is set at 975000.
  • Proximity to major institutions creates consistent demand for residential rental units.
  • The site sits at coordinates 42.0550 and -87.6850 within the neighborhood.

What's Special

This multifamily apartment building at 2026 Maple Avenue in Evanston, Illinois, is currently available for sale. It presents a potential acquisition for investors seeking to expand their residential portfolio within a established northern suburb of Chicago. Known for its proximity to Northwestern University, Evanston maintains a steady rental demand driven by both students and professionals commuting to the city via the transit lines. The property serves as a stable asset in a dense, walkable neighborhood characterized by a mix of historic architecture and urban amenities. Prospective buyers may consider various management strategies to maximize the long-term yield of this multifamily asset. Its location provides convenient access to local retail, public transportation hubs, and major regional thoroughfares, supporting sustained occupancy levels. Given the consistent appeal of this submarket, the building represents a functional investment opportunity for those focused on residential real estate in the Cook County region.

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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