1301 BRUMMEL Street

Evanston, IL 60201

This California-style, multi-family building is comprised of 14 one-bedroom units with individual, exterior doors for each unit. The Gross Scheduled Income is about $188,000 per year and a 6.3% CAP Rate. Excellent value-add opportunity: new owner can upgrade the heating system, roof, individual units, and management to create short-term and long-term gains. ------ Seller had supply-line risers, ground-level horizontals, and mechnical room hot/cold lines replaced with new copper in 2022. The common utility area contain the older gas-boiler, 9 year-old water heater, individual electric meters, storage lockers, and management-owned coin-operated washers and dryers. There are at least 11 parking spaces, but there is enough room to improve the parking ratio to 1:1. Ask Listing Agent for the latest roof information. ------ Buyers and buyer's reps will be required to complete and sign a short questionnaire and confidentiality agreement to gain access to more details, interior photographs, and in-person showings. ------ Showings will be available on July 10th from 3-4PM. Please contact agent by email to register for access.

Listing Courtesy of MRED as distributed by MLS Grid of Manchester Realty [email protected]



Based on information submitted to the MLS GRID as of 2024-09-19 10:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-19 10:40 PM UTC
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