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    900 Chicago Ave Evanston, IL 60202

    Sponsored
    For Sale
    $3,100,000

    High-visibility retail space, excellent access.

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000 square foot retail space is situated on the ground level of a 68-unit mixed-use building in Evanston, Illinois, at the highly visible northwest corner of Main Street and Chicago Avenue. Boasting unparalleled signage opportunities, this property benefits from a prime location with exceptional street visibility due to tall, 9-foot windows. The building is conveniently located next to CTA and Metra stations, ensuring high foot traffic and accessibility. Daily traffic counts are substantial, with 14,600 vehicles passing on Chicago Avenue and 10,800 on Main Street. The property includes 18 indoor parking spaces (with potential for expansion to 28) and direct access to a secure, heated garage. The flexible design includes mezzanine levels, offering additional usage options. This commercial space is zoned C1a – Commercial Mixed-use District, allowing for a variety of business ventures. The asking price for this remarkable opportunity is $3,100,000. The property's 6,000 square feet provide ample space for a wide range of retail businesses. This is a truly unique opportunity to establish a thriving business in a high-traffic, highly visible location.

    Property Features for 900 Chicago Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,000 SF

    Building Details

    Units
    68

    HighLights

    • 6,000 SF of retail space.
    • Ground floor of a 68‑unit mixed‑use building.
    • High‑visibility corner location at Main St and Chicago Ave.
    • Adjacent to CTA and Metra stations.
    • High traffic counts: 14,600 VPD on Chicago Ave, 10,800 VPD on Main St.
    • Excellent street visibility with 9‑foot windows.
    Property Profile Location Intelligence

    Current Use by Public Records

    In Fine Fettle - Holistic ... Acupuncture Clinic Social Air Marketing Internet Marketing Service Clark McKown Doctor 900 Chicago Ave ... Condominium Complex KARIM G. DURE Business Management Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.6797632
    Latitude
    42.0344757

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    FAQs

    What type of property is this?
    Office Property / Space - High-visibility retail space, excellent access.
    Where is this office property / space located?
    The property is located at 900 Chicago Ave Evanston, IL.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: 6,000 SF of retail space.; Ground floor of a 68-unit mixed-use building.; High-visibility corner location at Main St and Chicago Ave.
    Request Owner's contact information
    900 Chicago Ave Evanston, IL 60202
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    Evanston, IL 60202
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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
    900 Chicago Ave Evanston, IL 60202
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