2945-49 Central St - Auto Repair FOR SALE


Evanston, IL 60201
$875,000 USD
773-405-4641
2945-49 Central St, Evanston, IL for Sale
$875,000 USD
Auto Repair - FOR SALE
1/14
null | Request Cap Rate

2945-49 Central St
Evanston, IL 60201


HIGHLIGHTS

  • High-visibility corner property Located in the heart of Evanston's Central Street commercial corridor
  • Plans and drawings pre-approved for a restaurant/hospitality facility with Seating for +/- 70 indoors and over 100 outdoors
  • Surrounded by a supportive, engaged community of residents and small businesses
  • Incredible demographics with Avg HH income of $230k and Avg home value of $782,000 in immediate area
  • Easy access to I-94, Green Bay Road, and public transit options
  • Expansive outdoor area for al fresco dining or additional parking and Six parking spaces planned on site with ample street parking

OVERVIEW

For Sale or Lease. Great restaurant or business opportunity in the heart of Evanston’s highly desirable Central Street corridor with approved plans for redevelopment. This 2,500 SF building, situated on a generous 9,375 SF lot, has entitlements for a restaurant facility that will seat ±70 people indoors and over 100 people outdoors. This corner property offering boasts high visibility, excellent foot traffic, and proximity to boutiques, cafes, Metra, and Northwestern University. Ideal for restaurant/hospitality uses with ample space for parking and outdoor seating. This landmarked property has had its renovation approved by the City of Evanston's Landmark Preservation Commission. Surrounded by a thriving mix of residences and small businesses. Don’t miss this chance to invest in one of Evanston’s most vibrant and walkable neighborhoods. Seller is a licensed Illinois Real Estate Broker.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Hurd Avenue

LAND ACRES

0.22 AC

LAND SF

9,375 SF

ZONING

5-22

APN/PARCEL ID

05-33-427-018-0000,05-33-427-019-0000,05-33-427-020-0000

ASK ABOUT THIS PROPERTY

Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

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Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.