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$1,008,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
  • Updated 2 days ago

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Rare investment opportunity in Evanston's highly sought-after rental market, offering an estimated 7.00 cap rate and a 7.41 cash-on-cash return. This well-maintained two-unit property provides stable in-place income with significant upside potential through future rent increases and flexible rental strategies in one of Evanston's strongest rental markets. The property features two spacious units with distinct floor plans that appeal to a wide range of tenants. The first-floor unit is ideal for families, Northwestern University students, and young professionals. The second-floor unit includes a finished third-floor attic with three additional bedrooms and one full bathroom, creating multiple value-add opportunities and increased rental income potential. Ideally located within a five-minute walk of Ingraham Park and Foster Park, the property is surrounded by restaurants, cafes, Walgreens, and boutique shopping. Northwestern University is just a five-minute drive away, providing a strong and consistent tenant pool. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, 2108 Wesley Avenue offers an exceptional combination of immediate cash flow, long-term appreciation potential, and operational flexibility.

Full Property Details for 2108 Wesley Ave

General

  • Price: $1,008,000
  • Taxes: $12,615 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12699962
  • Updated: 7/9/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: Commuter Train

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Evanston
  • County: Cook
  • Township: Evanston
  • Driving Directions: SIMPSON East of GREEN BAY ROAD to WESLEY AVENUE North to PROPERTY

School Information

  • School District: 65
  • Elem School District: 65
  • Midd School District: 65
  • High School District: 202

Heating & Cooling

  • Heating Type: Steam, Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Victorian
  • Architectural Style: Victorian
  • Construction: Frame
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt
  • Year Built: 1899
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 58 x 81 x 52 x 112
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1899
  • Tax Amount: $12,615.1
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 10124240140000

Listed by Youmu Ventures Llc

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Listing agents

— 2108 Wesley Ave —

  • Youmu Ventures Llc

  • Youmu Ventures Llc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2108 Wesley Ave

School Districts:Evanston Community Consolidated School District 65, Evanston Township High School District 202
NameGradesDistance
Orrington Elementary School
2636 Orrington Avenue, Evanston, IL 60201
K-50.9 mi
Haven Middle School
2417 Prairie Avenue, Evanston, IL 60201
6-80.5 mi
Evanston Twp High School
1600 Dodge Avenue, Evanston, IL 60201
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2108 Wesley Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$1,008,000
129.09%
MLS
12/18/2015
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2108 Wesley Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,557
—
$60,001
7%
2023
$13,557
4%
$56,000
—
2022
$13,008
-11%
$56,000
1%
2021
$14,642
1%
$55,175
—
2020
$14,447
—
$55,175
-11%
2019
$14,493
-9%
$61,856
6%
2018
$16,013
3%
$58,449
—
2017
$15,595
5%
$58,449
—
2016
$14,792
16%
$58,449
23%
2015
$12,736
1%
$47,500
—
2014
$12,615
2%
$47,500
—
2013
$12,325
27%
$47,500
16%
2012
$9,688
—
$41,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Youmu Ventures Llc

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2108 Wesley Avenue, Evanston, IL 60201 (MLS# 12699962) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 2108 Wesley Avenue is currently listed for $1,008,000 and was received on July 09, 2026. Want to learn more about 2108 Wesley 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.

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