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Albion Evanston apartments in Evanston, IL

Updated

Albion Evanston

1500 Sherman Ave, Evanston, IL 60201

4.5 (107 reviews) Official Website

Live pricing, refreshed

8
Units Listed
$2,436
Starting at
$2,615
Average
$2,978
Highest
$5.01
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Evanston, IL rent trends

Beds

Pricing by Bedroom

Studio
$2,506
from $2,436 · 6 units
~481 sqft avg
1 Bed
$2,942
from $2,906 · 2 units
~647 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

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

$245K

$2.9M annual run rate

Modeled estimate

Est. Occupancy

91%

of about 90 units (modeled from leasing activity)

Effective Rent on New Leases

$2,993

vs $2,615 current asking

Recent Lease Activity

15 units tracked; 7 assumed leased, 8 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

8

Moderate availability

5 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 4 apartments in Evanston 60201. Click any bar to view that building.

Available Units

8 units
Studio / 1 Bath S04 Apartment
$2,436/mo
454 ft² · $5.37/ft\u00B2 · #0505
Studio / 1 Bath S04 Apartment
$2,446/mo
454 ft² · $5.39/ft\u00B2 · #0605
Studio / 1 Bath S04 Apartment
$2,456/mo
454 ft² · $5.41/ft\u00B2 · #0705
Studio / 1 Bath S01 Apartment
$2,506/mo
441 ft² · $5.68/ft\u00B2 · #0802
Studio / 1 Bath S04 Apartment
$2,516/mo
454 ft² · $5.54/ft\u00B2 · #0905
Studio / 1 Bath S15 Apartment
$2,676/mo
628 ft² · $4.26/ft\u00B2 · #0717
1 Bed / 1 Bath V01 Apartment
$2,906/mo
557 ft² · $5.22/ft\u00B2 · #0414
1 Bed / 1 Bath A05 Apartment
$2,978/mo
736 ft² · $4.05/ft\u00B2 · #0701

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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