2108 Wesley

Ideally located in the heart of Evanston, the property offers exceptional access to public transportation. Residents are within walking distance of the **Noyes CTA Purple Line Station (0.5 miles)**, **Foster CTA Purple Line Station (0.5 miles)**, **Evanston Central Street Metra Station (0.7 miles)**, **Central CTA Purple Line Station (0.8 miles)**, and **Davis Street Metra Station (0.8 miles)**, providing convenient connectivity to downtown Chicago and the North Shore suburbs. The property is also **less than one mile from Northwestern University** and is surrounded by parks, restaurants, shopping, and everyday conveniences, making it a highly desirable location that continues to support strong rental demand and long-term appreciation.Rare investment opportunity in Evanston’s highly sought-after rental market offers a 7% cap rate and 7.41% cash on cash return. With stable in-place income, while offering significant upside through future rent increases and flexible rental strategies in one of Evanston’s strongest rental markets. The property features two distinct floor plans that appeal to a broad tenant base. The spacious first-floor unit is ideal for families, Northwestern students, and young professionals. The second-floor unit includes a finished third-floor attic with three additional bedrooms and one bathroom, creating multiple value-add opportunities through various rental configurations. Conveniently located within a five-minute walk of both Ingraham Park and Foster Park, the property is surrounded by Walgreens, restaurants, cafés, and boutique retail, offering tenants an exceptional neighborhood lifestyle. Northwestern University is just a five-minute drive away, ensuring a consistent and reliable rental pool. Whether you’re seeking a stable cash-flow investment or an owner-occupied property with excellent income potential, 2108 Wesley Avenue offers a compelling combination of strong current returns, long-term appreciation potential, and operational flexibility.