728 Dobson Street
Evanston, IL 60202

Status: Sold Short Sale
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $390,000

About this home

***SHORT SALE & PRE-FORECLOSURE *** Just across Chicago's border comes a fantastic moment for a 1st time or seasoned Investor. This mid-century 2 flat is in solid shape and, with some updating, can present opportunities and income for years to come. Each Unit has an identical layout/floor plan, with slightly different finishes: 2 BRs 1 BTH, LR/DR combo, Kitchen (with pocket doors), Coat and Linen Closets. Tenants pay for Heat, Gas, Electric, and Cable/Internet. Mechanicals and recent improvements: Newer Lennox Furnaces (12/2022); older A/Cs (R22); H/W tanks 2013 (Unit 1) & 2020 (Unit 2). Newer gutters. No known history of Roof or masonry/tuckpointing. Tenants do NOT have access to Basement which is home to: Laundry Room, 2 Storage Lockers, additional storage, and an additional living space (NOT a legal apartment), which includes a FULL BTH. Enclosed rear stairway. Nice sized yard. 2 Car Garage. With the current Lease situation, this could also be ideal for an Owner-Occupant. Everything you need is nearby! Shopping, Dining, Bus & Train lines, Parks, Schools, St Francis and NorthShore hospitals, Lake Michigan, and so much more! Property is being sold AS-IS, WHERE IT STANDS. Pursuant to Short-Sale & Pre-Foreclosure. Subject to Lien Holders' Approval. Information on MLS is assumed to be accurate, but NOT guaranteed. Buyer/Buyer's Agent should verify all relevant MLS information. Please allow approx. 45-90 days (+/-) for Closing to occur. NOTE: Seller will NOT agree to ANY repairs or credits prior to Closing. Call now to schedule a viewing of this rewarding and worthwhile opportunity.

Property details

Property / Lot Details
Acreage 0.09
Deconversion N
Lot Dimensions 30 X 125
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1956
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major Evanston
Corporate Limits Evanston
Directions Howard St to Elmwood Ave; N to Dobson St; E to property
Elementary School Oakton Elementary School
Elementary Sch Dist 65
Heat/Fuel Natural Gas, Forced Air
High Sch Evanston Twp High School
High Sch Dist 202
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle School Chute Middle School
Jr High/Middle Dist 65
Township Evanston
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 3
Full Baths in Building Count 3
Total Rooms 8
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1106
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1250
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1106

Financials

Financing Cash
Rental Income 2450
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 11301240060000
Special Assessments N
Taxes $11,530
Tax Exemptions None
Tax Year 2022
$390,000 Listing Price:
MLS # 11958336
Investment Profile Residential Income
Listing Market Time 105 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 01/08/2024
Year Built 1956
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