629 W Howard Street, Evanston, Illinois 60202

$699,000

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List Price
$699,000
Price Change
▼ $70,000 1781656108
MLS#
12644895
Status
CONTINGENT
Type
Commercial
Subtype
Commercial Sale
County
Cook
City
Evanston
Neighborhood
Evanston
Days On Market
75

Property Description

Triton Realty Group presents 629 Howard - an attractive brick mixed use 3 unit building that offers a blend of immediate, stable cash flow and strong upside potential in Evanston's Howard corridor.. The first floor is occupied by a well-established cocktail lounge/restaurant with an outdoor patio, providing reliable commercial income. Above are two spacious residential units. The property underwent a full gut rehab in 2012, including new electrical service, new copper plumbing, new windows, and completely updated unit interiors. The owner installed high-efficiency forced-air furnaces in 2017, completed a full roof tear-off in 2021, and performed extensive tuckpointing in 2024 - leaving the building in excellent structural and mechanical condition. Both second- and third-floor units are generously sized two-bedroom, one-bathroom residences featuring separate dining rooms and dens, in-unit laundry, and individual forced-air heating and cooling. Tenants pay their own utilities. There are three rear parking spaces that generate extra monthly income and a full, usable basement perfect for tenant storage or future expansion. This turnkey mixed-use asset combines dependable income with substantial rental upside - an ideal opportunity for investors seeking both cash flow and equity growth

Additional Information

Tax Year
2024
Year Built
1924
Lot Dimensions
29 X 115
Air Conditioning
Central Air, Central Individual, Window Unit(s)

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