1715 Payne Street, Evanston, Illinois 60201


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$440,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 3
Year Built: 1898
Property Taxes: $3,583
Days On Market: 2356
Lot Size: 0,00
Map
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Description

INVESTORS! 9.5% cap rate and low taxes in this updated 2-flat backing up to Twiggs Park just south of the channel near the arboretum. Just a half mile from NWU, this is great investment opportunity for rentals. The top floor unit could rent for $1,800 and the duplex at $2,200. The 1st floor is a duplex down with 3 bedrooms, 2 baths, a family room, and a deck looking out to the park. Kitchen is brand new with quartz counter-tops and stainless steel appliances. Family room can also be used for another bedroom and has a private access. 2nd floor has 3 bedrooms and 1 bathroom. Both units have been recently updated. New roof, new floors throughout, ceramic planking in lower level, updated electrical, new furnaces, and water heaters. 1 new AC compressor and the other is 2 years old. Separate coin laundry room and storage accessible by both units. Please see attached cash flow sheet and floor plans under Additional Information.

Property Specifics

Multi-unit
1898
Full,Walkout
2 FLAT
No
0
Cook
— / —
Lake Michigan,Public
Public Sewer
10308941
10124140080000

Property History

DATE: EVENT: PRICE: SOURCE:
20 Feb, 2008 Sold $172,000 MRED MLS
30 Nov, 2007 Under contract $189,900 MRED MLS
Last price change $209,900 MRED MLS
21 May, 2007 Listed for sale $288,900 MRED MLS
25 Sep, 2019 Sold $440,000 MRED MLS
27 Aug, 2019 Under contract $429,000 MRED MLS
22 Aug, 2019 Listed for sale $429,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full,Walkout
Basement Description: Finished,Exterior Access

Other Specifics

25X80
Not in DB
Sidewalks

Tax History

Year Property Taxes
2008 $4,254
2019 $3,583

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