ClosedPrice Reduced

$849,000

$895,000
1232 Florence Avenue, Evanston, IL 60202
9 Beds5 Baths50 days
1232 Florence Avenue·Evanston, IL 60202
9Bedrooms
5Bathrooms
1915Year Built
About This Home

Incredible investment opportunity to own this fully gut-rehabbed 4-unit building, ideally located in Evanston's hot Dewey-Darrow arts district. Renovated top-to-bottom in 2019, this property features all-new electrical, plumbing, hot water heaters, kitchens, bathrooms, and modern appliances throughout-offering true peace of mind and low-maintenance ownership. Tenants pay for their own heat, adding further value for investors. A new roof and gutters were installed in 2022, ensuring long-term durability. The standout feature is a spacious 3 bed / 2 bath duplex-down unit-perfect for owner-occupancy or premium rental income. Situated on a corner lot with alley access, the property boasts a large 3.5 car garage, and offers incredible potential to add a coach house for even more value and versatility. Prime location in the arts district provides quick and easy access to galleries, cafes, breweries, and boutique shops. Near Robert Crown Park and the new Robert Crown Center, and just a few blocks away from Lake Michigan beaches and the scenic lakeshore! Within walking distance to the high school and grade schools. Enjoy outstanding transit options to downtown Chicago and Northwestern, and direct access to the nearby grocery stores and a host of everyday conveniences. This is a rare opportunity to own a turnkey multi-unit in one of Evanston's most dynamic neighborhoods. Don't miss it!

MLS# 12425984Listed July 24, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms5
Total Rooms18

Size & Structure

Garage Spaces4
Year Built1915
Lot Size6561

Location

CountyCook
TownshipEvanston
Zip Code60202

Financial

List Price$849,000
Original Price$895,000
Annual Taxes (2023)$12,104
Monthly Tax Est.$1,009
Parcel #10242020260000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteDetachedGarage
Schools
High School
Evanston Twp High School
District: 202
Tax & Financial
Annual Taxes
$12,104
Tax Year 2023
Monthly Tax Est.
$1,009
per month
Price Reduced by $46,000
Original list price: $895,000
Property Location

1232 Florence Avenue, Evanston, IL 60202 — Cook County

$849,000
1232 Florence Avenue
9 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
50 days on market
4-car garage
6561
$12,104/yr taxes
Price reduced $46,000
$5,471
estimated monthly payment
Principal & Interest
$4,462/mo
Property Tax
$1,009/mo
$849,000
20% — $169,800
3%50%
6.875%
3%12%
Loan Amount
$679,200
Down Payment
$169,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Forte Properties, Inc.
Agent: John Warren
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