2005 Foster St, Evanston, IL 60201

Potential cash cow!! Solid brick two flat with a garden apartment at a low low price! Units 1 and 2 are identical with large living rooms, formal dining rooms, 3 bedrooms, one bath, and plenty of closets. Each unit has its own HVAC so tenants pay for heat, electric, and cooking gas. Basement apartment has baseboard heat and is currently rented for 800/mo. Three parking spots off the alley. Rents are low due to long term tenants and the current condition of the building. New owner will need to do some updating and TLC to these units. Updated comps for the top two units are in the range of ~1,800/mo and 1,000/mo for the basement. Building is being sold "As is" Neither Seller nor the Broker make any representation as to the legality of the garden apartment, however under Evanston's ADU ordinance it probably could be legalized. See the additional information.