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Albion Evanston apartments in Evanston, IL

Updated

Albion Evanston

1500 Sherman Ave, Evanston, IL 60201, USA

4.5 (107 reviews) Official Website

Live pricing, refreshed

3
Units Listed
$2,686
Starting at
$3,472
Average
$4,499
Highest
$4.44
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Evanston 60201 rent trends

Beds

Pricing by Bedroom

Studio
$2,686
from $2,686 · 1 units
~493 sqft avg
1 Bed
$3,231
from $3,231 · 1 units
~775 sqft avg
2 Bed
$4,499
from $4,499 · 1 units
~1,080 sqft avg

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$82K

$982K annual run rate

Modeled estimate

Est. Occupancy

90%

of about 31 units (modeled from leasing activity)

Effective Rent on New Leases

$2,923

vs $3,472 current asking ($549 negotiation gap)

Recent Lease Activity

31 units tracked; 28 assumed leased, 3 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

3

Limited availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Evanston 60201

Neighborhood

Comparing 5 apartments in Evanston 60201. Click any bar to view that building.

See Evanston 60201 rent trends on the Evanston, IL map Explore Evanston, IL on the interactive map

Available Units

3 units
Studio / 1 Bath S11 Apartment
$2,686/mo
493 ft² · $5.45/ft² · #0621
1 Bed / 1 Bath A09 Apartment
$3,231/mo
775 ft² · $4.17/ft² · #1124
2 Bed / 2 Bath C04 Apartment
$4,499/mo
1,080 ft² · $4.17/ft² · #0712

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Severe nighttime trains

Freight line 246 ft away · 70 trains/day

  • 49 daytime, 21 overnight
  • Crossing 246 ft away. Horns expected day and night.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Evanston, IL notes

No resident notes for this property yet.

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