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    Nwc Howard St & Sacramento Ave Evanston, IL 60202

    Sponsored
    For Sale
    Contact for pricing

    Four prime retail lots, strong anchors.

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents four premier outparcel development sites totaling 2.43 acres, ideally situated at the northwest corner of Howard Street and Sacramento Avenue in Evanston, Illinois (zip code 60202). The property benefits from its location within a thriving shopping center anchored by major retailers including Target, Jewel-Osco, Best Buy, and Office Max. The outparcels are subject to Target's standard use restrictions and an operating and easement agreement between Target, Jewel-Osco, and Best Buy. Development options include: Outparcel 1 & 2 allow for a single 7,000 square foot building or two buildings with a combined maximum of 8,000 square feet. Outparcel 4 offers a 6,400 square foot building site, and Outparcel 5 provides a 6,650 square foot building site. This location offers high visibility and accessibility, making it an attractive proposition for a variety of retail uses. The opportunity is ideal for developers seeking to capitalize on the strong existing retail presence and high traffic volume in this established Evanston commercial corridor. Detailed site plans and development guidelines are available upon request.

    Property Features for 0 Nwc Howard St & Sacramento Ave

    General Information

    Property type
    Land
    Square Feet
    6,400 SF
    Lot Size
    105,851 SF

    HighLights

    • Northwest corner of Howard Street and Sacramento Avenue, Evanston.
    • Outparcels in a shopping center anchored by Jewel‑Osco, Best Buy, and Target.
    • Office Max also located within the shopping center.
    • Subject to Target's standard use restrictions.
    • Operated under an easement agreement between Target, Jewel‑Osco, and Best Buy.
    • Outparcels 1 & 2: Up to 8,000 SF total, potentially a single 7,000 SF building or two smaller buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.6827676
    Latitude
    42.0301291

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    FAQs

    What type of property is this?
    Land - Four prime retail lots, strong anchors.
    Where is this land located?
    The property is located at Nwc Howard St & Sacramento Ave Evanston, IL.
    What are key features of this property?
    This property features: Northwest corner of Howard Street and Sacramento Avenue, Evanston.; Outparcels in a shopping center anchored by Jewel-Osco, Best Buy, and Target.; Office Max also located within the shopping center.
    Request Owner's contact information
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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
    Nwc Howard St & Sacramento Ave Evanston, IL 60202
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