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$815,000
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Property Description
Incredible investment opportunity to own this fully gut-rehabbed 4-unit building, ideally located in Evanston's hot Dewey-Darrow arts district. Renovated top-to-bottom in 2019, this property features all-new electrical, plumbing, hot water heaters, kitchens, bathrooms, and modern appliances throughout-offering true peace of mind and low-maintenance ownership. Tenants pay for their own heat, adding further value for investors. A new roof and gutters were installed in 2022, ensuring long-term durability. The standout feature is a spacious 3 bed / 2 bath duplex-down unit-perfect for owner-occupancy or premium rental income. Situated on a corner lot with alley access, the property boasts a large 3.5 car garage, and offers incredible potential to add a coach house for even more value and versatility. Prime location in the arts district provides quick and easy access to galleries, cafes, breweries, and boutique shops. Near Robert Crown Park and the new Robert Crown Center, and just a few blocks away from Lake Michigan beaches and the scenic lakeshore! Within walking distance to the high school and grade schools. Enjoy outstanding transit options to downtown Chicago and Northwestern, and direct access to the nearby grocery stores and a host of everyday conveniences. This is a rare opportunity to own a turnkey multi-unit in one of Evanston's most dynamic neighborhoods. Don't miss it!
Full Property Details
Full Property Details for 1232 Florence Ave
General
- Sold For: $815,000
- Taxes: $12,104 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12425984
- Added to Site: 221 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: On Site, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Evanston
- County: Cook
- Driving Directions: From Dempster, turn south onto Florence.
School Information
- School District: 65
- Midd School District: 65
- High School: Evanston Twp High School
- Private School: Evanston Twp High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1915
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6561
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $12,104
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10242020260000
Listed by Forte Properties, Inc.
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1232 Florence Ave
School Districts:Evanston Community Consolidated School District 65, Evanston Township High School District 202
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Evanston, IL 914 Ashland Avenue, Evanston, IL 60202 | K-5 | 0.4 mi |
Nichols Middle School 800 Greenleaf Street, Evanston, IL 60202 | 6-8 | 0.7 mi |
Evanston Twp High School 1600 Dodge Avenue, Evanston, IL 60201 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1232 Florence Ave
Date
Details
Price
Change
Source
9/26/2025
Sold
$815,000
-4%
MLS
9/04/2025
Price Reduced
$849,000
-2.41%
MLS
8/12/2025
Price Reduced
$870,000
-2.79%
MLS
7/24/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1232 Florence Avenue, Evanston, IL 60202 (MLS# 12425984) is a Multi-Family property that was sold at $815,000 on September 26, 2025. Want to learn more about 1232 Florence Avenue? Do you have questions about finding other Multi-Family real estate for sale in Evanston? You can browse all Evanston real estate or contact a Coldwell Banker agent to request more information.

