An exceptional opportunity to acquire a trophy three-flat in one of Evanston’s most desirable locations, offering the rare combination of strong income potential, owner-occupant flexibility, and extraordinary parking. Set on a beautifully maintained lot with an expansive backyard, this impressive multi-family property features two oversized residences and a ground level garden unit. Units 2 and 3 offer an increasingly hard-to-find layout with four spacious bedrooms and two full baths, providing exceptional appeal for tenants seeking the comfort and scale of a single-family home with the convenience of apartment living. Generous room sizes, abundant natural light, and thoughtfully designed floor plans create an inviting living experience throughout. A true standout feature attached and detached garages suitable for 6 cars, a remarkable amenity seldom found in Evanston and a significant value-add for both owners and tenants alike. Whether you’re an investor seeking stable cash flow and long-term appreciation, a live-in owner looking to offset expenses with rental income, or a multi-generational buyer searching for flexibility, this property delivers. Positioned just moments from Evanston’s vibrant dining, shopping, parks, public transportation, and lakefront amenities, 1016 Austin offers the ideal blend of location, scale, and investment fundamentals. Opportunities to acquire a building of this caliber, with this unit mix, oversized garage capacity, and exceptional outdoor space, are few and far between.
Property Details
Price:
$999,000
MLS #:
MRD12758616
Status:
Active Under Contract
Beds:
10
Baths:
5
Type:
Multi Family
Neighborhood:
evanston
Listed Date:
Sep 14, 2026
Year Built:
1927
See this Listing
Schools
School District:
202
Elementary School:
Oakton Elementary School
Middle School:
Chute Middle School
High School:
Evanston Twp High School
Interior
Heating
Steam, Baseboard
Exterior
Community Features
Park
Construction Materials
Vinyl Siding, Brick
Fencing
Fenced
Garage Spaces
6
Parking Features
Yes, Garage Owned, Attached, Detached, Garage
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio
Roof
Asphalt
Financial
Tax Year
2025
Taxes
$17,331
Map
Community
- Address1016 Austin Street Evanston IL
- CityEvanston
- CountyCook
- Zip Code60202
Market Summary
Current real estate data for Multi Family in Evanston as of Oct 07, 2026
13
Multi Family Listed
70
Avg DOM
$738,938
Avg List Price
Property Summary
- 1016 Austin Street Evanston IL is a Multi Family for sale in Evanston, IL, 60202. It is listed for $999,000
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Copyright 2026. All rights reserved.
1016 Austin Street
Evanston, IL


