Four-Story Multifamily
For Sale
Contact for pricing
Pending
2049 Ridge Ave, Evanston, IL 60201
R4a-zoned property with an adjacent parking lot and convenient access to bus and CTA rail service.
Property SizeContact for details
Lot Size0.84 Acres
Days on Market145
Property Features for 2049 Ridge Ave
General Information
Standard status
Pending
Lot size
0.84 Acres
Property subtype
Multifamily
Zoning
R4a
Additional Details
Public Transit
Yes
Building Details
Stories
4
Listing Agency:
Colliers - Chicago Downtown, Illinois
Listed By:
Lauren Stoliar · License #475177222
(312) 612-5944
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:54PM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
This four-story property is positioned for multifamily redevelopment and includes an adjacent parking lot. The site’s stated reuse concepts also include mixed-use, office, student housing, and co-living configurations. Its architectural character is identified as a defining feature of the existing building.
The property is located at 2049 Ridge Ave in Evanston, within 5 minutes of Northwestern University and Clark Street Beach. The Green Bay Rd & Simpson St bus stop is nearby, while the CTA Purple Line is 0.2 miles away and provides access to Downtown Chicago.
The parcel is zoned R4a and has a total building footprint of 36,380 SF, excluding a 4,185 SF fourth-floor penthouse. The base case allowable area is 28,332 SF, with a maximum of 11 units.
The property is located at 2049 Ridge Ave in Evanston, within 5 minutes of Northwestern University and Clark Street Beach. The Green Bay Rd & Simpson St bus stop is nearby, while the CTA Purple Line is 0.2 miles away and provides access to Downtown Chicago.
The parcel is zoned R4a and has a total building footprint of 36,380 SF, excluding a 4,185 SF fourth-floor penthouse. The base case allowable area is 28,332 SF, with a maximum of 11 units.
Key Highlights
- 36,380 SF parcel footprint, excluding the 4,185 SF fourth‑floor penthouse
- Base case allowable SF is 28,332 SF with a max of 11 units
- R4a zoning supports the stated redevelopment framework
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 60201, IL
44,652
Population
18,890
Households
2.4
Avg Household Size
33
Median Age
74%
College-Educated
97%
High-School Grad
4.5 sq mi
ZIP Area
9,923
Density / Sq Mi
$92,101
Median Household Income
$42,412
Median Earnings
$1,792
Median Rent
$577,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - R4a-zoned property with an adjacent parking lot and convenient access to bus and CTA rail service.
Where is this multifamily property located?
The property is located at 2049 Ridge Ave Evanston, IL.
What are key features of this property?
This property features: 36,380 SF parcel footprint, excluding the 4,185 SF fourth‑floor penthouse; Base case allowable SF is 28,332 SF with a max of 11 units; R4a zoning supports the stated redevelopment framework
