Georgian / Federal home in Evanston, IL
This Georgian home in Evanston, IL offers 4 bedrooms and 3 bathrooms across 3,163 square feet. The Georgian styling carries through the home's design.
| Price | $1,375,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Sqft | 3163 |
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| Architectural style | Georgian / Federal (44% match) |
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| Address | 2448 Central Park Avenue, Evanston, IL 60201 |
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Why buy this home
- Confirmed Georgian / Federal architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.4M, this home is 45% above the $949K median for 25 similar Georgian / Federal homes in Chicago, IL.
- That works out to $435 per square foot, 31% above the $332 comparable rate.
- New to market (1 day), so expect competition.
| This home | $1,375,000 |
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| Georgian / Federal median in Chicago, IL | $949,000 (25 homes) |
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| Price per sq ft | $435 vs. $332 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $10,425/month with 20% down at a 7.28% 30-year fixed rate. You would need about $446,798 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,526/mo |
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| Property tax (new-buyer reassessed rate) | $2,383/mo |
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| Homeowners insurance | $516/mo |
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| Total monthly | $10,425/mo |
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| Down payment (20%) | $275,000 |
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| Income needed | $446,798/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (39 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (39/100) |
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| Beats renting in | 1% of modeled paths |
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| Modeled 5-yr equity (median) | $458,107 |
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| Range (10th to 90th pct) | $223,238 to $746,990 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chicago, IL where local data is thin.
Local home values
Typical home values in Chicago, IL have risen about 27% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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