Updated Oct 9, 2026
KAP Development Group Sells Single Family Residence In Evanston For $1,988,000
2623 Harrison Street
$1,988,000
$410/SF
Building Size
4,842 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2026
About this deal
AI
The transaction involved a single family residence located at 2623 Harrison Street in the Evanston market. The property spans 4,842 square feet and was sold for a price of $1,988,000, equating to a price per square foot of $410.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,988,000
- Address: 2623 Harrison Street
- Market: Evanston
- Square Footage: 4,842
- Price per Square Foot: $410
- Seller: KAP Development Group
- Seller's Representative: Joe Gerber - Baird & Warner
Joe Gerber represented KAP Development Group in this sale, facilitating the transaction on behalf of the seller. His affiliation with Baird & Warner connects him to the broader real estate market in the region.
On the Map
$1,988,000
$410/SF
Single Family Residence
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Evanston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.98%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93