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1025 Garnett Place Evanston, IL 60201 Multi Unit - Multiple Contingent

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Description

Multiple Offers Received. Highest and best due by Thursday July 2nd, 2026 at 7pm. Fantastic opportunity! This 3-flat is hitting the market for the first time in nearly 40 years! Full of potential for investors, builders, and anyone wishing to generate income while living in this property! The first 3 levels live as a large single family home with a renovated kitchen and 2 full bathrooms while still allowing the top unit to be rented. Rent out one, two, or all three units. The possibilities seem endless. You will be welcomed into this home's charming foyer with high ceilings, carved wood details and beautiful hardwood floors. The living room boasts a beautiful fireplace, carved wood detail and built in bookshelves. Enter the first floor bedroom through the living room or the kitchen. This kitchen was fully renovated in 2021 to create a bright and open space including an eat-at counter and room for a table. Make your way up or downstairs to envision the possibilities. This property is located near public transportation, downtown Evanston with parks, shops, restaurants, the lakefront, AND Northwestern University!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Evanston Twp High School
Listed By:
Baird & Warner 847-491-1855
MRED MLS
$700,000
Est. $4,581/mo
5beds
3baths
1cars
New to the Market Contingent
BEDS5 BATHS3 full MLS#12683287
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 202

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1025 Garnett Place, Evanston, IL 60201.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $700,000$700,000$700,000
Down Payment $140,000$24,500$175,000
Monthly Mortgage Amount $3,403$4,176$4,325
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,581$5,662$5,503

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