900 Chicago AveEvanston, IL 60202

  • Commercial real estate
  • 0.60 AC
For Sale
$3,100,000 View listing

Property Details for 900 Chicago Ave

Year built
2000
Lot size
0.60 AC
Property type
Commercial real estate
APN
11-19-213-031
APU
1119213031

Description

This exceptional 6,000 square foot retail space is situated on the ground level of a 68-unit mixed-use building in Evanston, Illinois, at the highly visible northwest corner of Main Street and Chicago Avenue. Boasting unparalleled signage opportunities, this property benefits from a prime location with exceptional street visibility due to tall, 9-foot windows. The building is conveniently located next to CTA and Metra stations, ensuring high foot traffic and accessibility. Daily traffic counts are substantial, with 14,600 vehicles passing on Chicago Avenue and 10,800 on Main Street. The property includes 18 indoor parking spaces (with potential for expansion to 28) and direct access to a secure, heated garage. The flexible design includes mezzanine levels, offering additional usage options. This commercial space is zoned C1a – Commercial Mixed-use District, allowing for a variety of business ventures. The asking price for this remarkable opportunity is $3,100,000. The property's 6,000 square feet provide ample space for a wide range of retail businesses. This is a truly unique opportunity to establish a thriving business in a high-traffic, highly visible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,060,582
    Hospitality
    $8,299,445
    Educational
    $6,905,040
    Medical
    $7,142,516
    Retail
    $10,741,174

Location Insight

City
Evanston
County
Cook
State
Illinois
Latitude
42.0341
Longitude
-87.6797
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,912
$986
$82,838
$83,824
-
$3,944
$331,352
$335,296

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