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1228 Oak Ave
Evanston, IL 60202 Evanston

$1,100,000 USD

Apartments For Sale  •  5,143 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,143 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1967
70 Transit Score
80 Walk Score

Highlights

Top-rated schools within 0.5 miles
Under 1 mile to Downtown Evanston — close to the Davis St/Sherman Ave core, with shops, dining, and the CTA Purple Line at Davis St Station
1.8 miles to Northwestern University — a 5-minute drive to campus, a major driver of steady rental demand in this submarket
13 miles to Downtown Chicago / The Loop — roughly 20 minutes by car or 26 minutes via Metra, making it commutable for Chicago-based renters.

Financial Summary (Proforma)

Net Operating Income: $60,182 USD (2026)
Total Expenses: $42,505 USD

Major Tenants

Tenant SF Occupied Lease End Date
Youmu Ventures - 1228 Oak Ave

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Evanston Davis Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 13 min 0.6 mi
Evanston Main Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 16 min 0.8 mi
Transit/SubwayDriveWalkDistance
Dempster Station (Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 8 min 0.4 mi
Evanston Davis Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 13 min 0.7 mi
Davis Station (Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Main Street Station (Purple Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 15 min 0.8 mi
Evanston Main Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago O'Hare International 28 min - 14.8 mi
Chicago Midway International 37 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Safwan Patel 855-624-2078 Youmu Ventures
Safwan Patel 855-624-2078 Youmu Ventures