830-sheridan-road-mred

A lakefront home at 830 Sheridan Road that changed hands for $1.572 million was the most expensive property sold in Evanston last month.

It was a fairly slow month in Evanston real estate sales with only four properties — all single family homes — selling for over a million dollars.

The yield to the city from the 0.5 percent local tax on real estate transfers was $172,580 in October, down slightly from the same month a year ago.

Figures from the city clerk’s office show that 91 properties changed hands in October compared to 110 in September and 82 a year ago.

Sales for the year now are running on track to slightly exceed the city’s budget target of $2.875 million in transfer tax revenue for the year.

Other sales that topped the $1 million mark in Evanston last month, all in north Evanston, were:

  • A home at 2711 Eastwood Ave. that sold for $1.2 million.
  • A home at 2516 Lincoln St. that sold for $1.035 million.
  • A home at 2517 Lincoln St. that sold for $1.029 million.

Bill Smith is the editor and publisher of Evanston Now.

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