Introducing a prime investment opportunity at 1235 Leon Place in Evanston, Illinois-an exceptional student housing building ideally situated near Northwestern University. The property is comprised of 7 bedrooms and 4 bathrooms, the property has been fully renovated including all bathrooms, kitchen, flooring, electrical and paint. This building is currently leased to students from Northwestern, making it a reliable revenue generator. Located just a few min away from the stunning Northwestern campus, residents enjoy beautiful scenery, including the nearby lakefront and park spaces that enhance the surrounding area. The building is conveniently close to all the amenities that Evanston has to offer, including dining, shopping, and recreational facilities, making it a highly desirable location for students. This is not just a property; it's an opportunity to invest in a lucrative market that thrives on university demand. Don't miss the chance to own a valuable asset in a vibrant community filled with potential! Reach out to for the confidential income and expense report.
— the listing agent’s description
The home
7 beds
3 baths
1,480 sqft
Built in 1889
0.15-acre lot
1-car garage
Detached Single
What it’ll cost
$540 / sqft
$13,556 taxes / yr
No HOA
Listed $895,000
Now $799,000
35 days on dwello
Estimated monthly payment
$5,611/mo
Principal & interest$4,248
Property taxes$1,130
Homeowners insurance$233
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.