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2024 Maple Ave

2 Unit Block of Flats £601,125 (£300,563/Unit) 6.62% Net Initial Yield Evanston, IL 60201

Investment Highlights

  • Superior Location
  • Upside Potential
  • Transit Oriented Properties
  • Affluent "North Shore" Chicago Suburb

Executive Summary

Horvath & Tremblay is pleased to present the sale of the multi-family investment Property located at 2024 Maple Avenue in Evanston, Illinois (the “Property”). The Property features a well-maintained two-story building that contains two (2) residential units comprised of one (1), 2-Bedroom/1-Bathroom unit and one (1), 3-Bedroom/1-Bathroom unit with 1,710 square feet of living area in 1,710 square feet of gross area on a 0.08-acre parcel. The property features two (2) on-site parking spaces at the rear of the Property. 2024 Maple Avenue is well-located in a highly sought-after market that is typically fully occupied with very low historical vacancy. There is a limited supply of multifamily housing in Evanston with a high demand for rental units. The Property is positioned on a quiet tree-lined street along the northern perimeter of Evanston’s central business district and offers convenient access to the Foster CTA “L” Station (350 feet) and the Davis Street/Evanston Metra and Davis CTA “L” Stations (0.5-miles). The Property is also just 0.2-miles from a Pace Suburban Bus stop and is 0.5-miles from Northwestern University.

Property Facts

Price £601,125
Price Per Unit £300,563
Sale Type Investment
Net Initial Yield 6.62%
No. Units 2
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.08 AC
Building Size 1,710 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1864
Parking Ratio 1.17/1,000 SF
Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34394538

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 2024 Maple Ave, Evanston, IL 60201

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