831 Chicago Ave - Storefront Retail/Office FOR SALE


Evanston, IL 60202
$1,995,000 USD
312-203-3199
831 Chicago Ave, Evanston, IL for Sale
$1,995,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

831 Chicago Ave
Evanston, IL 60202


HIGHLIGHTS

  • Hi-visibility location on main Evanston artery in a TOD, TIF and SSA District
  • OWNER WILL FINANCE!
  • Attractive Area Demographics: $130k average HH Income within 1 mile
  • $1.6mm renovation/upgrade in 2010
  • Adaptive Reuse Opportunity: Zoning allows Apartments on 2nd Floor
  • Features include Barrel Truss, Skylights and Ceiling Heights of 12 feet+

OVERVIEW

Owner Financing Available! A truly unique and historically significant property located just south of the Chicago-Main signalized intersection in a Transit-Oriented District (CTA and, METRA stations across the street). Originally built in 1896 as a 2-story 10,600sf building to house a Livery and Hansom Cab company. A 3,500sf bow truss structure and 3,500sf basement added in 1934. In 2009 InSite's client undertook a $1.6M renovation, occupying the 2nd floor as office space and leasing the 1st Floor Rear as office space. Property will be delivered vacant at closing.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Livery Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C1a

APN/PARCEL ID

11-19-401-021-0000

ASK ABOUT THIS PROPERTY

Ross GoldsteinInsite Commercial RealtyMore Info
312-203-3199

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Ross GoldsteinInsite Commercial RealtyMore Info
312-203-3199

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