1228.5-123 Sherman Ave.

SELLER OFFERING $15,000 CLOSING CREDIT FOR MORTGAGE 2 1 INTEREST RATE BUY DOWN!!! Great income potential in this Evanston farmhouse and coach house built it 1882. It's another fine example of city's wide and varied architecture. Wide front porch which begs for a swing, welcomes one into a foyer with a large coat closet and built-in display/bookshelf. Gracious living and dining room area with an ample kitchen and pantry. Full bath and a bedroom with walk- in closet round out the first floor. The second floor features an open multi-purpose family area, two bedrooms, and a full bath. Hardwood flooring on the first floor and wide planked pine on the second. Closet space is exceptional given the age of the home. Unfinished basement. Lovely fenced in yard with a patio. Current garage AS IS. Development potential: If the single car garage was eliminated, it should be possible to add an all -weather sunroom off the current dining area. The garage can also be repurposed as a tool shed. It should also be possible to build a four-car garage at the back of the wide lot. Both subject to applicable Evanston codes and regulations, of course. The separate coach house (1228 1/2 Sherman) currently has a large open loft-like space with high ceiling on the first floor. It has been used at different times as various types of studios: Photography, video, audio, stained glass etc., even as a space for a Rock Band jam session. Also on the first floor is a small room which has served an office/edit suite, In addition, there is a closet/storage room, a half bath, and a foyer/hallway with a large closet. There is also space for a washer/dryer, furnace, and water heater. This area could conceivably be subdivided in to two bedrooms and could continue to be used as rental income. The second floor has a large living and dining area with wide plank pine flooring and numerous windows which give it much light and character. The second floor also has a bedroom, ample closets, a full bath, and a kitchen. Behind the coach house is a small fenced yard with a patio. BOTH 1228 1/2 and 1230 Sherman are being sold AS IS. Two pin numbers.