Evanston, IL 60202
$699,000
Mark Quesada
Broker / Owner
LIC #475144827
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
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$5,253/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Lukasz Wojcik, Triton Realty Group LLC
MLS# MRD12644895 · Under Contract
History reflects records reported to the MLS and may be incomplete.