500 Davis StEvanston, IL 60201

Property Details for 500 Davis St

Year built

1977

Lot size

0.61 AC

Property type

Office buildings

APN

11-18-408-005

APU

1118408005

Description

This exceptional Class A executive office building, located at 500 Davis Street in Evanston, Illinois, offers stunning Lake Michigan views. The property, totaling 125,285 square feet, is a four-story building constructed in 1978 and extensively renovated in 2012. Currently, there are 10 available office spaces ranging in size from 1,190 to 11,267 square feet, perfect for businesses seeking flexible and prestigious office accommodations. The building's prime location in Cook County, with a 60201 zip code, provides easy access to transportation and amenities. Tenancy is multiple, allowing for a diverse and vibrant work environment. The building's impressive size and modern amenities, combined with the unparalleled views, create an ideal setting for businesses seeking a sophisticated and productive workspace. The spectacular Lake Michigan vista provides enhanced natural light and breathtaking views throughout the day, boosting employee morale and creating a positive work atmosphere. This is a rare opportunity to secure high-quality office space in a highly desirable location. Inquire today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $7,946,836

  6.5%

  $7,335,541

  7%

  $6,811,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,438,600

  Geo Method

  $3,438,600

• Alternative Use

  Use

  Valuation

  Residential

  $9,096,071

  Hospitality

  $8,331,952

  Educational

  $6,932,086

  Medical

  $7,170,492

  Retail

  $10,783,245

Location Insight

City

Evanston

County

Cook

State

Illinois

Latitude

42.0456

Longitude

-87.6786

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].