1103 SIMPSON ST, EVANSTON, IL 60201

ACCESS & CONNECTIVITY

The Property is served by the CTA Purple Line, with Evanston stations at Central, Noyes, Foster, Davis, Dempster, Main, and South Boulevard, and the Purple Line provides express service during peak periods for trips to the Loop.

Metra’s Union Pacific North Line also runs through Evanston, with stations at Main, Davis, and Central, adding another rail option for commuters.

From a roadway perspective, the location benefits from easy regional connectivity to downtown Chicago and the broader North Shore market, with Evanston positioned directly north of the city and just over 14 miles from the Loop.

AREA AMENITIES & DEMAND DRIVERS

The Property is located just minutes from Northwestern University, one of the nation's leading research institutions and a major catalyst for housing demand in Evanston.

Key employers in the immediate area include Northwestern University, Northwestern Medicine, Endeavor Health, Evanston Hospital, Rotary International, and numerous technology, healthcare, and professional services firms located throughout Evanston and neighboring communities.

The Property's proximity to downtown Chicago further enhances its appeal, with convenient access via the CTA Purple Line and Metra Union Pacific North Line providing direct connections to the city's premier employment districts.

Residents can easily commute to major job centers including The Loop, River North, Fulton Market, the West Loop, and Chicago's central business district, home to globally recognized employers in finance, consulting, technology, healthcare, law, and corporate headquarters operations.

PROXIMITY TO NORTHWESTERN UNIVERSITY

The Property benefits from close proximity (0.8 miles) to Northwestern University, a world class private research university home to over 23,000 total students and over 4,000 faculty members, supporting stable employment and housing demand from students, faculty, and staff seeking nearby off-campus housing.

SEPARATELY METERED UTILITIES

Tenants are responsible for all utilities at the Property. This includes gas-powered heat & hot water, separately metered electricity, and city water & sewer, which they pay directly.

DURABLE BRICK CONSTRUCTION

The Property features durable brick construction, a highly desirable characteristic for both investors and residents. Brick buildings are widely regarded for their long-lasting quality, structural integrity, and timeless appeal. Unlike wood or siding exteriors, brick requires minimal upkeep over time, making it a cost-effective and low-maintenance choice.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 33,200 people live within 1 mile of the Property with an average household income of $170,243. Over 147,900 people reside within 3 miles of the Property with an average household income of $189,333.

QUALITY OF LIFE AMENITIES

Residents are within close proximity to a variety of national and regional dining options including Starbucks, Dunkin’, Chipotle, Panera Bread, Potbelly Sandwich Shop, and Buffalo Wild Wings, while local favorites such as Peckish Pig, Lucky Platter, Hewn Bakery, and Found Kitchen & Social House contribute to Evanston’s well-regarded culinary scene.

Retail amenities are abundant throughout Evanston’s downtown and surrounding commercial corridors, with convenient access to national retailers and everyday necessities including Target, CVS Pharmacy, Walgreens, Whole Foods Market, Trader Joe’s, Jewel-Osco, and Aldi.

Nearby shopping destinations such as Evanston Plaza, Church Street Plaza, and the downtown Evanston retail district provide an extensive selection of grocery, dining, entertainment, and service-oriented businesses.

Residents enjoy easy access to Lake Michigan’s shoreline, including popular destinations such as Lighthouse Beach, Clark Street Beach, Greenwood Beach, and Dawes Park. Additional outdoor attractions include the Lakefront Trail, Canal Shores Golf Course, and Northwestern University's lakefront campus. horvathtremblay.com 5 income & expenses 6