Standout 3-Unit Multifamily Sale in Evanston: 629 Howard St
Standout 3-Unit Multifamily Sale in Evanston: 629 Howard St
Sale at a Glance
629 Howard St in Evanston, just steps from the vibrant Chicago border, delivered a compelling investment opportunity and closed successfully on October 21, 2026. Triton Realty Group’s Matthew Fritzshall and Luke Wojcik expertly navigated the transaction, securing a $630,000 sale price for this boutique 3-unit multifamily property. The deal’s swift execution and referral-driven nature set it apart, highlighting the enduring strength of apartment investments in the Evanston/Chicago corridor.
Sale Details
This transaction reflects the demand for well-positioned, small multifamily assets in Evanston’s dynamic rental market.
Brokerage: Triton Realty Group, led by Matthew Fritzshall and Luke Wojcik
Closed Date: October 21, 2026
Sale Price: $630,000
Number of Units: 3
Asset Class: Multifamily
Neighborhood: Evanston, bordering Chicago
Deal Source: Referral
Property Highlights
This property offers investors a turnkey entry into one of Evanston’s most accessible and connected neighborhoods.
Prime Location: Situated at the intersection of Evanston and Chicago, offering access to both city amenities and suburban charm
Boutique Asset: Three-unit building, ideal for stable, manageable income generation
Transit-Friendly: Proximity to CTA and major roadways, attracting high-quality tenants
Well-Maintained: Solid construction and well-kept common areas enhance long-term value
Key Investment Feature
629 Howard St embodies the qualities that drive multifamily demand in Evanston and beyond.
Consistent Rental Demand: Located in a strong rental corridor with low vacancy rates
Attractive Unit Mix: Three units provide diversification and flexibility for investors
Neighborhood Growth: Evanston’s ongoing development fuels long-term appreciation
Hands-Off Ownership: Suitable for both new and seasoned investors seeking minimal day-to-day management
Market Strategy and Positioning
Triton Realty Group leveraged its deep local relationships and market expertise to position 629 Howard St as a rare, accessible multifamily investment. The property’s appeal was amplified through targeted marketing to a network of referral buyers, resulting in a streamlined and competitive closing process. The team's understanding of the neighborhood’s evolving investment landscape—paired with impeccable timing—helped maximize value for both seller and buyer.
Frequently Asked Questions (FAQs)
This multifamily sale in Evanston has generated interest from investors and local residents alike. Here are answers to the most common questions:
What makes 629 Howard St a standout investment? Its boutique scale, prime location near both Evanston and Chicago, and consistent rental demand make it a sought-after asset for multifamily buyers.
How quickly did the property sell? The property moved efficiently through the market, with strong interest from buyers due to its location and turnkey condition.
Was this sale typical for the Evanston area? While demand for smaller multifamily buildings remains robust, referral-driven transactions like this one highlight the value of trusted broker networks in achieving optimal outcomes.
What types of tenants are attracted to this location? The area appeals to young professionals, families, and commuters who value access to transit, shopping, and Evanston/Chicago amenities.
Is the property positioned for long-term appreciation? Evanston’s ongoing neighborhood development and low vacancy rates suggest strong prospects for long-term value growth.
Want to achieve results like this?
Contact Matthew Fritzshall at 847-778-8746 to discuss your property goals in Chicago.
