Multifamily for Sale in Evanston, IL
Find multifamily properties and businesses for sale in Evanston, IL. Browse active listings with prices, photos, and details.
2 listings available
Market Brief
CREhunt currently has 2 multifamily listings for sale in Evanston, IL. The typical space is about 320,000 SF.
As of Q1 2026, the Chicago multifamily market showed average asking rents near $2018.50/unit/mo, and rents up 3.1% year over year. Source: multiple brokerage reports, Q1 2026.
Frequently asked questions
How many multifamily listings are for sale in Evanston, IL?
CREhunt currently lists 2 multifamily properties for sale in Evanston, IL. Asking prices are typically around $4,800,000.
How should I evaluate multifamily listings in Evanston, IL?
Compare unit mix, current occupancy, and in-place rent versus market rent first, then validate upside and downside assumptions before advancing to broker diligence.
What is the fastest way to shortlist sale opportunities?
Filter sale options in Evanston, IL by budget first, then rank only multifamily listings that match your required space profile so broker outreach stays qualification-focused.
What should I ask brokers before touring multifamily listings?
Ask for the rent roll, deferred maintenance, and recent capital improvements, along with recent operating results and expected closing timeline.