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Mixed-Use Building with Commercial Space
For Sale
Contact for pricing
Pending

821 Howard St, Evanston, IL 60202

Mixed-use building with commercial space and four residential units above, each with its own entrance.

Property Size5,000 SF
Days on Market122

Property Features for 821 Howard St

General Information

Standard status Pending
Size 5,000 SF
Property subtype Mixed Use

Additional Details

Multifamily Units 4
Listing Agency: Root Realty Inc
Listed By: Kevin Itima · License #IL 891874
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Root Realty Inc

Investment Insights

Based on property information with market context.

This mixed-use building in Evanston includes a large commercial component with additional basement space, along with four residential units located above. The residential units consist of two 1-bedroom, 1-bath units and two studios. The residential units have separate entrances from the commercial portion.

The property is described as being situated on a double lot, with the commercial space noted as approximately 5,000 and a separate basement area included. The City of Evanston issued a condemnation order on Aug 19th, which resulted in tenants being forced to leave due to unaddressed violations. The most pressing issue noted is water intrusion tied to roof leaks that have not been corrected, and the remarks state the roof will most likely need replacement and interior water damage will need remediation.

The financial details are referenced as being available in the offering materials, including a financial breakdown by unit. Please review the documents for additional information on the residential mix and commercial/basement configuration.

Key Highlights

  • Mixed‑use building in Evanston with approx 5,000 SF commercial space plus additional basement space
  • Four residential units above the commercial area, each with its own entrance
  • Residential unit mix: two studios and two 1 bed / 1 bath units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Wine and Liquor Store Veterinary Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,093
Businesses Nearby

Demographics for 60202, IL

33,245
Population
15,024
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
10,724
Density / Sq Mi
$101,087
Median Household Income
$57,720
Median Earnings
$1,612
Median Rent
$381,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with commercial space and four residential units above, each with its own entrance.
Where is this mixed-use property located?
The property is located at 821 Howard St Evanston, IL.
What are key features of this property?
This property features: Mixed‑use building in Evanston with approx 5,000 SF commercial space plus additional basement space; Four residential units above the commercial area, each with its own entrance; Residential unit mix: two studios and two 1 bed / 1 bath units
More about this property
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