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    3339-3347 Golf Rd Evanston, IL 60203

    Sponsored
    For Sale
    $998,000

    High-yield retail center with coin laundry.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a rarely available 4,000 square foot strip mall situated at the prominent intersection of Golf Road and McCormick Boulevard in Evanston, Illinois. The property boasts a strong existing income stream generated by an established coin laundry business, complete with all equipment included in the sale price. This turnkey operation provides immediate cash flow for the new owner. Beyond the coin laundry, the property includes an additional vacant space, previously utilized as a dry cleaner drop-off location. This versatile space presents multiple options for the new owner, including leasing to a new tenant or owner-occupancy. The property's location in a desirable North Shore neighborhood ensures high visibility and strong potential for future growth and rental income. The sale price of $998,000 represents a compelling investment opportunity in a thriving commercial area. This is a rare chance to acquire a well-established, income-producing property with significant upside potential. The property is offered as-is. Serious inquiries only. Don't miss this chance to own a piece of Evanston's vibrant commercial landscape.

    Property Features for 3339-3347 Golf Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.71156
    Latitude
    42.05315

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield retail center with coin laundry.
    Where is this commercial real estate located?
    The property is located at 3339-3347 Golf Rd Evanston, IL.
    What is the asking price?
    The asking price for this property is $998,000.
    (773) 250-0400
    Request Owner's contact information
    3339-3347 Golf Rd Evanston, IL 60203
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    Evanston, IL 60203
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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
    3339-3347 Golf Rd Evanston, IL 60203
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