Evanston, IL 60202 940 Pitner Avenue
$1,350,000
13 more
Presented By: Flats, LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 8
SQFT • 6,700
Home Details
940 Pitner Ave consists of five (5) live-work, loft-style apartments with off-street parking. Originally a bow truss building, the property was completely transformed into a modern, loft-style apartment community through an adaptive re-use project in 2010, completed by a renowned local architect. All units feature individual HVAC systems and in-unit laundry. The investment presents the opportunity to acquire a distinctive, cash-flowing asset with minimal operational expenses.
Presented By: Flats, LLC
General for 940 Pitner Avenue
Additional Parcels Y/NNo
CityEvanston
Construction MaterialsBrick
CountyCook
Days on Market2
DirectionsI-94 W to exit 39B toward Touhy Ave E. Turn left onto IL-50 N. Continue straight onto Skokie Blvd. Turn right onto Oakton St. Turn left onto McCormick Blvd. Turn right onto Main St. Turn left onto Pi
Electric Expense
Fuel Expense
Gross Income123720
Insurance Expense2025
Lot Size Square Feet7200
MLS AreaEvanston
MaintenanceExpense1500
Net Operating Income90905
NumberOfUnitsTotal5
Operating Expense28328
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusNew
Stories1
Tax Annual Amount14471
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense696
Water Sewer Expense754
Year Built1955
Exterior for 940 Pitner Avenue
Building Area Total6700
Lot Dimensions7200
Additional Details
Price History
