1822 Lyons St., Evanston, IL 60201

Turnkey investment property in up-and-coming area of Evanston. 9.7% cap rate, 17.2% cash on cash return with realistic projected rents & expenses.* Entire building just rehabbed. Units ready for tenants to move in. Two 2 bed, 1 bath units with newer kitchen & baths, brand new appliances, new floors / carpet, mostly newer windows. All freshly painted. Laundry in basement as well as "in law" arrangement with 3 rooms & full bathroom.** Separatel utilities. Whole building newly tuck-pointed. Nothing to do but get it rented and start making money. Convenient for high school, grocery store & downtown Evanston. Sought after Willard Elementary school, Haven middle school. *Rents & expenses are projected--seller bought vacant building earlier this year. See Agent Remarks (or ask your agent) for more details. **Neither agent nor owner makes any representations as to the legality of the basement space.