2425 Central Street #2B
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | Listed by Compass | $389,000 | |
| Listed by Compass | |||
| | |||
|
Welcome to 2425 Central Street, Unit 2B in beautiful Evanston! This lovely, sun-filled 3-bedroom, 2 bathroom condo lives like a home and offers a perfect blend of comfort and style. Step into a graciously sized living room / dining room complete with built-in bookcases opening to screened in balcony, perfect for enjoying morning coffee or evening relaxation. The living room is open to the new kitchen that features modern appliances, including a dishwasher, microwave, range, and refrigerator, along with all your storage needs. The primary bedroom suite features a large bedroom, a walk-in closet, and a newer private bathroom. Two additional bedrooms offer versatile use as guest rooms or home offices. One with new carpet! The full guest bathroom was also recently remodeled. Enjoy the convenience of in-unit laundry with a washer and dryer included. Newer windows and sliding glass door add to the value of this midrise unit. With central AC and forced air heating, comfort is ensured year-round. The building amenities include a brand-new elevator, storage, and a beautifully maintained exterior. Two tandem garage spots are included, making parking a breeze. Enjoy the outdoors and the benefits of being across from beautiful Ackerman Park, complete with tennis courts and seasonal activities. This condo has a high walk score offering easy access to wonderful shops on Central Street and it's even on the Evanston parade route! Please note: No pets allowed, and rentals are not permitted. Don't miss the chance to make this exceptional condo your new home!
| |||
| Jul 20, 2017 | Sold | ||
| Sold | |||
| Jun 21, 2017 | Listed by Jameson Sotheby's International Realty | $320,000 | |
| Listed by Jameson Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2025
|
2 Bed
|
2 Bath
|
1252 ft²
|
$330,000
2 Bed
2 Bath
1252 ft²
|
$385,000
+16.67%
05/30/2025
|
Susan Salisbury
Berkshire Hathaway HomeServices Chicago
| |
|
09/19/2024
|
3 Bed
|
2 Bath
|
1550 ft²
|
$389,000
3 Bed
2 Bath
1550 ft²
|
$427,000
+9.77%
10/22/2024
|
Jacquie Lewis
Coldwell Banker Realty
| |
|
01/09/2023
|
2 Bed
|
2 Bath
|
1345 ft²
|
$350,000
2 Bed
2 Bath
1345 ft²
|
$347,500
-0.71%
03/01/2023
|
Mary Plante
Berkshire Hathaway HomeServices Chicago
| |
|
07/28/2022
|
3 Bed
|
2 Bath
|
1550 ft²
|
$349,900
3 Bed
2 Bath
1550 ft²
|
$340,000
-2.83%
06/15/2023
|
Emanuel Bosea
Coldwell Banker Realty
| |
|
05/08/2021
|
2 Bed
|
2 Bath
|
1345 ft²
|
$360,000
2 Bed
2 Bath
1345 ft²
|
-
-
|
Nikki Nielsen
Keller Williams North Shore West
| |
|
06/21/2017
|
3 Bed
|
2 Bath
|
-
|
$320,000
3 Bed
2 Bath
|
$312,000
-2.50%
07/20/2017
|
Lisa Miceli
Jameson Sotheby's International Realty
| |
|
06/03/2017
|
3 Bed
|
2 Bath
|
-
|
$346,000
3 Bed
2 Bath
|
$338,000
-2.31%
07/14/2017
|
Martha Rudy
Berkshire Hathaway HomeServices Chicago
|
Building Info
About Evanston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017