1723 Simpson St Evanston, IL 60201

This exceptional free-standing retail building at 1723 Simpson Street in Evanston, Illinois, presents a compelling investment opportunity. The property boasts 3,671 square feet and is situated on a B1-zoned lot. A well-established organization currently holds a 10-year lease with a 10-year option, providing immediate and long-term income potential. The building has undergone significant renovations, ensuring it's in excellent condition. Recent improvements include new windows (2020), new ceilings and flooring (2019), and a newly renovated ADA-compliant bathroom (2019). The roof is estimated to have over 10 years of remaining life, and the HVAC system has an estimated 15+ years of remaining life. Further enhancing the property's value, the tenant recently upgraded the electrical system with three new 600-amp service panels. Two convenient outside parking spaces are also included. This turnkey investment property offers a rare combination of strong tenancy, recent upgrades, and a desirable location in Evanston, Illinois. The property's excellent condition and long-term lease make it an attractive opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The building's prime location and recent renovations ensure its continued appeal to tenants and investors alike.