Redevelopment Retail Land
New
For Sale
$1,250,000
2422 Dempster Street, Evanston, IL 60202
Three-parcel assemblage includes a commercial building, owned gated parking, and C-2 zoning for redevelopment.
Days on Market6
Property Features for 2422 Dempster Street
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Central air
Central Air Cooling
Membrane Roof
Building Details
Year Built
1955
Listing Agency:
REAL BROKER, LLC
(217) 960-8605
Listed By:
COLLEEN BASINSKI · License #471006854
Source:
Corcoran
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 30 at 6:17AM
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 REAL BROKER, LLC
Investment Insights
Based on property information with market context.
This offering presents a rare, high-visibility assemblage suitable for an owner-user or redevelopment. The package is offered as a full assemblage consisting of three land parcels totaling approximately 0.25 acres (+/-) and an approximately 5,000-square-foot commercial building (+/-). The site includes approximately 20 private, gated, owned on-site parking spaces. The building shares a party wall on its west side adjoining the Kabul House building.
The property is located along the Dempster Street corridor in Evanston, IL. The land and building are zoned C-2 (Commercial District), which permits a broad range of uses. Development standards allow redevelopment up to 45 feet by right, and up to 60 feet with a 2.0 FAR with Planned Development approval. The property also sits within a designated City of Evanston Community Development Block Grant (CDBG) Target Area; qualifying nonprofit or community-facility buyers may want to confirm potential grant, loan, or subsidy pathways with the City of Evanston Community Development Department.
The plat of survey and title commitment are in process, and lot dimensions and parking count are to be verified by survey. The offering memorandum is available, and buyers should verify all information and permitted uses with the City of Evanston.
The property is located along the Dempster Street corridor in Evanston, IL. The land and building are zoned C-2 (Commercial District), which permits a broad range of uses. Development standards allow redevelopment up to 45 feet by right, and up to 60 feet with a 2.0 FAR with Planned Development approval. The property also sits within a designated City of Evanston Community Development Block Grant (CDBG) Target Area; qualifying nonprofit or community-facility buyers may want to confirm potential grant, loan, or subsidy pathways with the City of Evanston Community Development Department.
The plat of survey and title commitment are in process, and lot dimensions and parking count are to be verified by survey. The offering memorandum is available, and buyers should verify all information and permitted uses with the City of Evanston.
Key Highlights
- Three‑parcel assemblage on Dempster Street in Evanston (PINs 10‑24‑100‑030, -024, -025) totaling about 11,000 SF (+/- 0.25 acre).
- +/- 5,000 SF commercial building built in 1955 with a party wall on the west side adjoining the Kabul House building.
- C‑2 (Commercial District) zoning permits redevelopment up to 45 ft by right and up to 60 ft with 2.0 FAR and Planned Development approval.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,528
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 72%
Dining 11%
Shops & Services 8%
Home Improvements & Furnishings 7%
Trader Joe's
Groceries
35,850 visits/mo
0.5 miles
Jewel-Osco
Groceries
32,560 visits/mo
0.4 miles
Lemoi Ace Hardware
Home Improvements & Furnishings
6,229 visits/mo
0.3 miles
Egg Harbor Cafe
Dining
4,569 visits/mo
0.5 miles
Philz Coffee
Dining
3,742 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three-parcel assemblage includes a commercial building, owned gated parking, and C-2 zoning for redevelopment.
Where is this commercial land located?
The property is located at 2422 Dempster Street Evanston, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑parcel assemblage on Dempster Street in Evanston (PINs 10‑24‑100‑030, -024, -025) totaling about 11,000 SF (+/- 0.25 acre).; +/- 5,000 SF commercial building built in 1955 with a party wall on the west side adjoining the Kabul House building.; C‑2 (Commercial District) zoning permits redevelopment up to 45 ft by right and up to 60 ft with 2.0 FAR and Planned Development approval.
