1016 Austin Street Evanston, IL 60202 • Multi Unit - Multiple • Active $1,145,000

Description

An exceptional opportunity to acquire a trophy three-flat in one of Evanston's most desirable locations, offering the rare combination of strong income potential, owner-occupant flexibility, and extraordinary parking. Set on a beautifully maintained lot with an expansive backyard, this impressive multi-family property features two oversized residences and a ground level garden unit. Units 2 and 3 offer an increasingly hard-to-find layout with four spacious bedrooms and two full baths, providing exceptional appeal for tenants seeking the comfort and scale of a single-family home with the convenience of apartment living. Generous room sizes, abundant natural light, and thoughtfully designed floor plans create an inviting living experience throughout. A true standout feature attached and detached garages suitable for 6 cars, a remarkable amenity seldom found in Evanston and a significant value-add for both owners and tenants alike. Whether you're an investor seeking stable cash flow and long-term appreciation, a live-in owner looking to offset expenses with rental income, or a multi-generational buyer searching for flexibility, this property delivers. Positioned just moments from Evanston's vibrant dining, shopping, parks, public transportation, and lakefront amenities, 1016 Austin offers the ideal blend of location, scale, and investment fundamentals. Opportunities to acquire a building of this caliber, with this unit mix, oversized garage capacity, and exceptional outdoor space, are few and far between.

Property Highlights