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    2611 Prairie Ave Evanston, IL 60201

    For Sale
    $325,000

    High-visibility retail space, ideal Evanston location.

    Property size:
    1,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1,400 square foot retail condo presents a spectacular investment opportunity in Evanston's vibrant business district. Situated on Prairie Avenue, this property boasts unparalleled visibility and high foot traffic, benefiting from its proximity to numerous boutiques, restaurants, and other retail establishments. The location is further enhanced by its close proximity to the new Northwestern University football stadium, ensuring a consistent flow of potential customers. The condo itself includes one bathroom and one designated parking space, a significant advantage in this bustling area. Ample street parking is also readily available for additional convenience. The space is immediately available, allowing for a swift and seamless transition for new owners. This is a rare chance to acquire a prime retail space in one of Evanston's most desirable and high-traffic areas, offering significant potential for growth and return on investment. The property's exceptional location and immediate availability make it an attractive proposition for discerning investors seeking a strong foothold in the Evanston market. Don't miss this opportunity to secure a thriving retail presence in the heart of Evanston.

    Property Features for 2611 Prairie Ave

    General Information

    Property type
    Residential income properties
    Square Feet
    1,400 SF

    Building Details

    Year Built
    2008
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seriously Slime Art School Ricorso Fashion Designer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.69987
    Latitude
    42.06478

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    FAQs

    What type of property is this?
    Residential income property - High-visibility retail space, ideal Evanston location.
    Where is this residential income property located?
    The property is located at 2611 Prairie Ave Evanston, IL.
    What is the asking price?
    The asking price for this property is $325,000.
    (312) 242-1000
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    2611 Prairie Ave Evanston, IL 60201
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    Evanston, IL 60201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2611 Prairie Ave Evanston, IL 60201
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