$245,000
●
House -
Off Market
1740 OAK Avenue #607
EVANSTON, IL 60201
1 Bed
1 Bath
686 Ft²
$487,715
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model
About This Property
New construction in downtown Evanston. Bright 1 bedroom with
upgraded finishes and private balcony. Master bedroom with walk-in
closet. In-unit laundry and 1 car heated garage. Great amenities
and location.
Unit Size
686 Ft²
Days on Market
-
Land Size
-
Price per sqft
$376
Property Type
House
Property Taxes
-
HOA Dues
$210
Year Built
-
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, On Site, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms: 4
Basement: None
Exterior Details
Square Footage: 686
Year Built: 2006
Construction Materials: Brick, Glass, Stone
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Grounds, Snow Removal, Heat, Parking, TV/Cable, Exterior Maintenance, Scavenger
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Storage, Party Room, Bike Room/Bike Trails
HOA Fee: $210
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
2 Bed
|
2 Bath
|
1120 ft²
|
$715,000
2 Bed
2 Bath
1120 ft²
|
$650,000
-9.09%
06/26/2026
|
Courtney Cook
@properties Christie's International Real Estate
| |
|
04/10/2026
|
2 Bed
|
2 Bath
|
-
|
$485,000
2 Bed
2 Bath
|
$526,000
+8.45%
06/10/2026
|
Kira Spivack
Jameson Sotheby's International Realty
| |
|
12/14/2025
|
1 Bed
|
1 Bath
|
856 ft²
|
$289,900
1 Bed
1 Bath
856 ft²
|
$285,000
-1.69%
02/23/2026
|
Maria Metzler, CSC
Baird & Warner
| |
|
06/20/2025
|
1 Bed
|
1 Bath
|
821 ft²
|
$256,000
1 Bed
1 Bath
821 ft²
|
-
-
|
Janice Hazlett
@properties Christie's International Real Estate
| |
|
05/01/2025
|
1 Bed
|
1 Bath
|
686 ft²
|
$260,000
1 Bed
1 Bath
686 ft²
|
$252,000
-3.08%
06/24/2025
|
Mark Davidson
Coldwell Banker Realty
| |
|
07/15/2024
|
2 Bed
|
2 Bath
|
1018 ft²
|
$395,000
2 Bed
2 Bath
1018 ft²
|
$370,000
-6.33%
09/16/2024
|
Josephine Wang
Concentric Realty Inc.
| |
|
09/08/2023
|
1 Bed
|
1 Bath
|
686 ft²
|
$255,000
1 Bed
1 Bath
686 ft²
|
$255,000
10/24/2023
|
Janet Kohl
Coldwell Banker Realty
| |
|
07/14/2023
|
3 Bed
|
2 Bath
|
1505 ft²
|
$499,000
3 Bed
2 Bath
1505 ft²
|
$500,000
+0.20%
08/25/2023
|
Michael Thomas
NB ELITE REALTY LLC
| |
|
04/12/2022
|
2 Bed
|
2 Bath
|
-
|
$375,000
2 Bed
2 Bath
|
-
-
|
David Taylor
Keller Williams ONEChicago
| |
|
11/11/2021
|
1 Bed
|
2 Bath
|
845 ft²
|
$221,000
1 Bed
2 Bath
845 ft²
|
$212,500
-3.85%
12/28/2021
|
Cam Benson
@properties Christie's International Real Estate
| |
|
09/10/2021
|
1 Bed
|
2 Bath
|
856 ft²
|
$217,500
1 Bed
2 Bath
856 ft²
|
$205,000
-5.75%
07/15/2022
|
Rosemarie Hoffmann
Baird & Warner
| |
|
08/20/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$225,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Cindy Banks
RE/MAX Cornerstone
| |
|
07/14/2021
|
1 Bed
|
1 Bath
|
821 ft²
|
$215,000
1 Bed
1 Bath
821 ft²
|
$210,000
-2.33%
09/15/2021
|
Aaron Masliansky
Dream Town Realty
| |
|
06/21/2021
|
2 Bed
|
2 Bath
|
1018 ft²
|
$295,000
2 Bed
2 Bath
1018 ft²
|
$290,000
-1.69%
08/16/2021
|
Linda Hoffmann
@properties Christie's International Real Estate
| |
|
09/09/2020
|
1 Bed
|
1 Bath
|
848 ft²
|
$230,000
1 Bed
1 Bath
848 ft²
|
-
-
|
-
| |
|
05/28/2020
|
1 Bed
|
2 Bath
|
845 ft²
|
$229,500
1 Bed
2 Bath
845 ft²
|
-
-
|
-
| |
|
04/07/2020
|
1 Bed
|
1 Bath
|
686 ft²
|
$185,000
1 Bed
1 Bath
686 ft²
|
$170,500
-7.84%
05/21/2020
|
Norene Chip
Jameson Sotheby's Int'l Realty
| |
|
06/03/2019
|
1 Bed
|
1 Bath
|
644 ft²
|
$228,900
1 Bed
1 Bath
644 ft²
|
-
-
|
-
| |
|
02/10/2019
|
3 Bed
|
2 Bath
|
1653 ft²
|
$475,000
3 Bed
2 Bath
1653 ft²
|
-
-
|
-
| |
|
09/20/2018
|
3 Bed
|
2 Bath
|
2026 ft²
|
-
3 Bed
2 Bath
2026 ft²
|
-
-
|
-
| |
|
02/09/2017
|
3 Bed
|
3 Bath
|
2650 ft²
|
$850,000
3 Bed
3 Bath
2650 ft²
|
$815,000
-4.12%
04/14/2017
|
Lisa Gendel
Jameson Sotheby's International Realty
| |
|
11/12/2012
|
1 Bed
|
1 Bath
|
856 ft²
|
$195,000
1 Bed
1 Bath
856 ft²
|
$179,000
-8.21%
02/07/2013
|
Taylor Lindstrom
Coldwell Banker Realty
| |
|
06/24/2008
|
2 Bed
|
2 Bath
|
1059 ft²
|
$435,000
2 Bed
2 Bath
1059 ft²
|
$435,000
07/31/2008
|
Dale Lubotsky
Jameson Sotheby's International Realty
| |
|
06/13/2008
|
2 Bed
|
2 Bath
|
1159 ft²
|
$369,750
2 Bed
2 Bath
1159 ft²
|
$335,000
-9.40%
03/10/2009
|
Dale Lubotsky
Jameson Sotheby's International Realty
| |
|
06/09/2008
|
1 Bed
|
1 Bath
|
686 ft²
|
$257,900
1 Bed
1 Bath
686 ft²
|
$245,000
-5.00%
07/15/2008
|
Dale Lubotsky
Jameson Sotheby's International Realty
| |
|
05/02/2008
|
2 Bed
|
2 Bath
|
1159 ft²
|
$453,900
2 Bed
2 Bath
1159 ft²
|
$390,000
-14.08%
06/20/2008
|
Dale Lubotsky
Jameson Sotheby's International Realty
| |
|
03/31/2008
|
2 Bed
|
2 Bath
|
1430 ft²
|
$429,000
2 Bed
2 Bath
1430 ft²
|
$449,000
+4.66%
11/24/2008
|
Dale Lubotsky
Jameson Sotheby's International Realty
|
Building Info
About Evanston
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Listed by: Dale Lubotsky, Jameson Sotheby's International Realty
Data Source: MRED, MLS# MRD06922650
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD06922650
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