856 Hinman Avenue 2N, Evanston, IL 60202

$249,800 Asking Price

2 beds
1 bath
1,269  sqft
Built in 1920

Investors Only! "Heavanston" where dreams are made! Nestled in the heart of Southeast Evanston this spacious, two-bedroom vintage gem that feels in size like a 3-bedroom unit is steps to the lake. The unit is detailed with hardwood floors throughout, a spacious living room with a decorative fireplace, and east-facing windows offering natural light. The family room can be used as an additional dining space, den, or office. Coin laundry and storage locker #856 2N are found in the basement, 2 laundry rooms are available. The beautiful courtyard in the middle of this vintage building is located in an A+ location close to Main Street Metra and CTA stations, Lincoln School, and the Evanston Public Library South Branch. Nice cafes with European Cafe Lifestyle, Sushi Restaurants, and Starbucks are just around the corner. Ride your bike on the nearby Lakefront trail and have a picnic on the beach along Lake Michigan. Investors Unit, the current lease is on a 3-year lease term with one year left on the contract: Lease end date June 30, 2025. Monthly rent $1,850. A lot of "phantom equity" in this unit if you hold until the lease term ends. It's UNDERMARKET


Features & Amenities

Interior

General:
First Floor Bedroom, First Floor Full Bath
Rooms:
Foyer
Appliances:
Range, Dishwasher, Refrigerator, Disposal
Dining:
Separate
Basement:
None
A/C:
Window/Wall Units - 2
Heating:
Natural Gas, Steam, Radiator(s)
Fireplace:
Fireplaces: 1
Disability Feature:
None

Exterior

General:
Brick, Cable Access
Parking:
Parking spaces: 0

Construction

General:
Condo,Mid Rise (4-6 Stories)

Location

HOA Amenities:
Coin Laundry, Storage, Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 674.0, Monthly
Originating MLS:
mred
School District:
65
County:
Cook

Lot

Zoning:
11194010251041

Utilities

Utilities:
Circuit Breakers
Water:
Lake Michigan
Sewer:
Sewer-Storm

Financial

Source:
mred
Ownership:
Condo
Buyers Agent Compensation:
2.25% COOP - $395 ADMIN FEE

This listing courtesy of:
Signature Homes Realty, Michael Marin

About Evanston, IL

Housing

Number of Units
34,442
Median Home Value
$458,735
Median Rent
$1,435

43.62% of housing units are renter occupied.

8.95% are vacant.

Commute

Car
34.24%
Public Transportation
11.68%
Walk to Work
6.09%
Work from Home
45.40%
Other
0.47%

The median travel time to work is 18 minutes.

People

Population
79,913
Median Age
37.70
Median Household Size
2.52

Education

High School
10.90%
Associate’s Degree
4.07%
Bachelor’s Degree
29.99%
Graduate Degree
38.89%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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