2950 Central St - Storefront Retail/Residential FOR SALE


Evanston, IL 60201
$550,000 USD
636-541-4140
2950 Central St, Evanston, IL for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 7.78% Cap Rate

2950 Central St
Evanston, IL 60201


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Upside Potential
  • Nearby Higher Education & Employers
  • Off-Street Parking & Garage
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 2950 Central Street in Evanston, IL (the “Property”). The two-story building contains two (2) total units comprised of one (1) 3-Bedroom/2-Bathroom unit and one (1) commercial unit with approximately 3,000 square feet of living area and 3,168 square feet of gross area. The Property is situated upon a 0.1 acre parcel and offers on-site parking with two (2) garage spaces available and one (1) surface space available. The commercial unit is vacant, offering upside through lease up. 2950 Central Street is ideally situated in a highly desirable Evanston neighborhood northwest of downtown, offering excellent visibility and seamless access to key local amenities. The property benefits from its proximity to Northwestern University, major retail corridors along Green Bay Road and Chicago Avenue, and the vibrant cultural, dining, and entertainment options that define Evanston’s urban appeal. Convenient connections to Ridge Avenue, Green Bay Road, and public transit, including CTA and Metra stations, provide efficient access throughout the North Shore and into downtown Chicago.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

7.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2950 Central Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

10-11-200-007-0000

ASK ABOUT THIS PROPERTY

Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

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Kelsey ZurwellerHorvath & TremblayMore Info
636-541-4140

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