Evanston IL Commercial for Sale

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Type:
Other
Sq.Ft.:
12,000
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
12210531

ADDITIONAL INFORMATION

Downtown Evanston retail space w/approx. 55 feet of Frontage on Davis. Benefit from high daytime population, excellent demographics and proximity to Northwestern University. Good income and good location.

Type:
Retail
Sq.Ft.:
3,671
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
12192782

ADDITIONAL INFORMATION

Beautiful free-stand building lease for 10 YEARS WITH 10-YEAR OPTION. WELL-ESTABLISHED ORGANIZATION HOLDS THE LEASE. INVESTMENT. FREE STANDING BUILDING IS ZONED B1. BUILDING HAS BEEN REHABBED AND IN GREAT CONDITION. NEW WINDOWS 2020, NEW CEILINGS, FLOOR AND ADA BATHROOM 2019. ROOF 10+, HVAC 15+. THREE NEW ELECTRIC PANELS WERE UPGRADED BY THE TENANT WITH 600 AMP SERVICE AND 2 OUTSIDE PARKING SPACES.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
12196872

ADDITIONAL INFORMATION

Welcome to 643 Hinman Ave. nestled in the vibrant village of Evanston, IL. This multi-unit gem comprises of 7 units, including Four spacious 3-bedroom/1-bathroom units, Two 4-bedroom/1-bathroom units and One 1-bedroom/1-bathroom unit, all tastefully updated, as showcased in the provided photos. Roof is actively maintained annually, windows have been updated within the last five years. The property has 5 parking spots in the back along with a 2-car garage available. The building is legally zone for 8-units. Laundry facilities consist of two sets on sited in the basement. This listing presents a rare opportunity to invest in a thoughtfully maintained and evolving property in the heart of Evanston, IL.

Type:
General Commercial
Sq.Ft.:
6,700
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
12178068

ADDITIONAL INFORMATION

940 Pitner Ave consists of five (5) live-work, loft-style apartments with off-street parking. Originally a bow truss building, the property was completely transformed into a modern, loft-style apartment community through an adaptive re-use project in 2010, completed by a renowned local architect. All units feature individual HVAC systems and in-unit laundry. The investment presents the opportunity to acquire a distinctive, cash-flowing asset with minimal operational expenses.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
12153057

ADDITIONAL INFORMATION

The well-maintained, charming, vintage building offers 10 (1 bed/1 bath) and 4 (2 bed/1.5 bath), a common laundry and unusually large individual storage units in the basement. The mechanicals and roof are in good shape (boiler - 2014). Newer three-story windows in the entryways bring a flood of light into the common stairways. Ten parking spaces, rented at an additional cost, are available right outside the building. Rent includes heat and hot water. Tenants are responsible for electric, window air conditioners, WiFi and cable. This multifamily apartment investment opportunity is located on beautiful tree-lined Central Street in Evanston, Illinois. It is a very walkable neighborhood with a small town feel and one of a kind retail shops, restaurants, and coffee shops. It is within walking distance to the new Northwestern University athletic and event venue or a bike ride or quick drive to college classes. Evanston public transportation is outside the door and will take you to the NW campus, downtown Evanston, the lakefront or Old Orchard. The nearby Metra will get you to Chicago and the 94 Expressway is minutes away. There is a vacant, landscaped lot to the north of the property which will provide future investment opportunity. units. Property Highlights: - Never sold on the market - All units currently rented - Boiler replaced in 2014 - 10 of 14 units have updated kitchen/baths within 4 years - Recent 3 story windows in entrance foyers - 10 - 1 Bedrooms 850 sq/ft w/living & dining rooms - 4 - 2 Bedroom/1.5 baths 1000 sq/ft w/living & dining rooms - 10 parking spaces provide additional rental income - Storage spaces large enough to accommodate bicycles - The additional landscaped lot is gently enjoyed by the tenants and would provide a generous space for a communal garden and/or patio area, if not sold or used for additional units.

Type:
Other
Sq.Ft.:
3,600
Status:
Active
Beds:
n/a
Year built:
1996
Baths:
MLS#:
12144683

ADDITIONAL INFORMATION

2-unit retail strip center consisting of a 1200 sf space leased Month to Month to a cleaners and a 2400 of vacant space. Perfect for a user/Investor who needs a small retail , service or office space with additional income from an adjoining tenant. B-2 zoning offers a broad range of commercial uses. Evanston Facade Improvement Program provides rebates for qualified improvements.

Type:
Other
Sq.Ft.:
5,100
Status:
Active
Beds:
n/a
Year built:
1889
Baths:
MLS#:
12128116

ADDITIONAL INFORMATION

NEW PRICE!!! Step into an extraordinary opportunity to possess a slice of Evanston's illustrious past! This remarkable historic commercial property, perfectly tailored for a gallery, boutique, or a flourishing bar/restaurant, is accompanied by an appealing upstairs rental unit. Nestled in the core of Evanston's lively community, this property seamlessly blends character, charm, and income potential. Enveloped by diverse shops, cafes, and entertainment, it stands as a coveted destination for both locals and visitors. Dating back to 1899, the building emanates historic allure and charisma. Its distinctive architecture, exposed brick walls, and original features create a warm and inviting ambiance, ideally suited for a bar or restaurant. The main floor showcases a splendid tin ceiling and original hardwood floors, while the high ceilings contribute to an atmosphere of openness and grandeur. The downstairs area, with its high ceilings and exposed brick walls, offers a versatile open space suitable for various purposes. The second floor, bathed in ample light, presents an opportunity to rent it out as office space or fashion a captivating apartment for income or personal use (live/work permit required). Whether you're a seasoned restaurateur or an investor in search of a distinctive income-generating prospect, this property encompasses it all. Positioned on the bustling Main-Dempster corridor, merely a block away from new apartments and thriving businesses like La Principal, Trattoria DOC, The Wine Goddess, and Starbucks, this property beckons exploration. Contact us today to arrange a viewing and delve into the myriad possibilities of making this property uniquely yours.

Type:
Other
Sq.Ft.:
7,480
Status:
Active
Beds:
n/a
Year built:
1928
Baths:
MLS#:
12089951

ADDITIONAL INFORMATION

Short Sale, Lender approved. Fast closing. Mixed-use building in desirable south Evanston. 5000 sq ft of commercial space. There are 4 residential units on the 2nd level with their separate entrances; 2 -1 bed 1 bath, 2 - Studios . Additional space in the basement. Repairs are needed. Property is vacant.

Type:
Office
Sq.Ft.:
4,888
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
12081530

ADDITIONAL INFORMATION

Fantastic owner/user opportunity on a high-traffic, high-visibility corner location within a fully renovated building. The property offers a mix of private offices, conference rooms, an exercise room, and open work areas. Originally built in 1956 and extensively renovated in 2002, it provides 4,888 RSF of space across two levels, with a 2-car garage, it features gas forced air, HVAC, a durable roof, 120/240 Volt electrical supply, and four private washrooms (including two with showers). This versatile property offers modern amenities and a prime location for various businesses. Contact steve for more information about this property!

Type:
Other
Sq.Ft.:
2,700
Status:
Active
Beds:
n/a
Lot size:
0.57 Acres
Year built:
1952
Baths:
MLS#:
11982100

ADDITIONAL INFORMATION

Northwest Evanston, stand-alone building ready for a new owner. This 2,700 sq ft brick structure is located on a 7,057 sq ft plot of land. It features a parking lot with 8 spots, owned by the City of Evanston under a lease. Zoned as C-2, it sits in a commercial district with numerous permitted uses. Property is available for sale or lease. The option to acquire the property "as is" or the land for a new development is available. The property is in its raw state and requires renovations. Easy to view.

Type:
Other
Sq.Ft.:
4,000
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
11792093

ADDITIONAL INFORMATION

Rarely available Strip Center Mall on Golf Rd. & McCormick Blvd. with some rental income and a established coin laundry business/equipments included in the sale price for the property. There is an additional space that can be rented or owner occupied that formal use to be a Dry Cleaner Drop Off business. A must see in great north shore neighborhood.

Type:
Other
Sq.Ft.:
5,500
Status:
Active
Beds:
n/a
Year built:
1936
Baths:
MLS#:
11449696

ADDITIONAL INFORMATION

Office space for sale or lease with LIVE WORK zoning and plans - the owner is willing to work with the buyer to obtain permits. The Owner is also willing to lease back office space. Wonderful opportunity to own 14+ office suites. Former office headquarters for a manufacturer, there is 64' of frontage on Dodge just south of Dempster. 122' deep lot with parking for 8 cars. Very well maintained building. Roughly 5500 square feet of space. The lower level has 954 square feet of party/banquet space with a wet bar. OWNER FINANCING possible with substantial downpayment. Across the street from the very popular "Evanston Plaza" which is 100% occupied.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Evanston Real Estate

The median home value in Evanston, IL is $355,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Evanston, IL is $355,000. Approximately 51.11% of Evanston homes are owned, compared to 39.48% rented, while 9.42% are vacant. Evanston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Evanston real estate agent to arrange a tour today!

Evanston, Illinois has a population of 78,454. Evanston is more family-centric than the surrounding county with 34.12% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Evanston, Illinois is $87,345. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Evanston is 36.6 years.

Evanston Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 36.4 inches per year, with 35.9 inches of snow per year.

Evanston Real Estate Market Conditions

  • Median sales price

    $355,000
    11.7% change since last quarter
  • # Active listings

    143
    30-day change

Evanston Schools and Demographics

Education near Evanston, IL

Metric City County
High School Graduates 95.37 87.97
College Degree - 2 year 4.48 6.73
College Degree - 4 year 68.26 40.75
Graduate Degree 23.94 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Evanston, IL

School Grades Students P/T Ratio ZIP
Central Elementary School KG - 04 507 13.8 60091
Dawes Elementary School KG - 05 368 10.8 60202
Devonshire Elementary School KG - 05 366 12.3 60076
Dewey Elementary School KG - 05 465 12.6 60201
Dr Bessie Rhodes Magnet School KG - 08 373 12.2 60076
East Prairie Elementary School PK - 08 542 12.6 60076
Elizabeth Meyer School PK - KG 169 18.8 60076
Harper Elementary School KG - 04 428 15.1 60091
Highland Elementary School KG - 05 389 13.1 60076
John Middleton Elementary School 01 - 05 505 12.8 60076
Joseph E Hill Education Center PK - PK 356 13.1 60201
Kingsley Elementary School KG - 05 380 13.2 60201
Lincoln Elementary School KG - 05 572 13.8 60202
Lincolnwood Elementary School KG - 05 391 14.3 60201
M L King Junior Lab Experimental School KG - 08 571 11.6 60201
McKenzie Elementary School KG - 04 512 14.9 60091
Oakton Elementary School KG - 05 414 11 60202
Orrington Elementary School KG - 05 376 13.3 60201
Rice Childrens Center 03 - 08 36 3.7 60202
Romona Elementary School PK - 04 518 13.8 60091
Walker Elementary School KG - 05 341 11.4 60203
Washington Elementary School KG - 05 522 13.9 60202
Willard Elementary School KG - 05 515 14.7 60201

Middle Schools near Evanston, IL

School Grades Students P/T Ratio ZIP
Chute Middle School 06 - 08 539 10.6 60202
Haven Middle School 06 - 08 778 12.4 60201
Highcrest Middle School 05 - 06 841 12.8 60091
Marie Murphy School 06 - 08 261 9.3 60091
Nichols Middle School 06 - 08 610 12.6 60202
Old Orchard Junior High School 06 - 08 644 11 60076
Oliver McCracken Middle School 06 - 08 325 11 60076
Wilmette Junior High School 07 - 08 884 12.3 60091

High Schools near Evanston, IL

School Grades Students P/T Ratio ZIP
Evanston Township High School 09 - 12 3,080 14.3 60201

Ungraded Schools near Evanston, IL

School Grades Students P/T Ratio ZIP
Park School 05 - 12 60 3.9 60202

Demographics near Evanston, IL

Metric City County
Neighborhood Type Inner City
Population 78,454 5,265,398
Population Density 10,085 5,572
Median Age 36.6 37.3
People per Household 2.4 2.5
Median Household Income 87,345 72,121
Average Income per Capita 57,626 41,706