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    Nwc Howard St & Sacramento Ave Evanston, IL 60202

    Sponsored
    For Sale
    $675,000

    0.635-acre lot, $675,000. High-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.635-acre retail outparcel presents a unique investment opportunity in Evanston, Illinois. Situated at the northwest corner of Howard Street and Sacramento Avenue, this property benefits from its strategic location within a thriving shopping center anchored by nationally recognized retailers including Target, Jewel-Osco, Best Buy, and Office Max. The high visibility and convenient access ensure significant foot traffic and potential for strong returns. The asking price for this parcel is $675,000. It's important to note that this outparcel is subject to Target's Standard Use Restrictions and an existing Operation and Easement Agreement between Target, Jewel-Osco, and Best Buy. This agreement outlines specific operational guidelines and shared easement rights that potential buyers should carefully review. The property's location in Cook County, Illinois, within the 60202 zip code, offers excellent access to major transportation routes and a dense residential population. This prime outparcel is ideal for developers seeking a high-traffic location with established anchor tenants. Detailed legal documents pertaining to the use restrictions and easement agreement are available upon request. This is a rare opportunity to acquire a well-positioned retail parcel in a highly desirable area.

    Property Features for 0 Nwc Howard St & Sacramento Ave

    General Information

    Property type
    Land
    Lot Size
    27,661 SF

    HighLights

    • High‑visibility corner lot at Howard Street & Sacramento Avenue, Evanston, IL. Adjacent to a strong retail center anchored by Jewel‑Osco, Best Buy, Office Max, and Target.
    • Subject to Target's standard use restrictions.
    • Operates under an existing easement agreement with Target, Jewel‑Osco, and Best Buy.
    • Outparcel 2: 0.635‑acre lot, priced at $675,000.
    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 - 0.635-acre lot, $675,000. High-traffic area.
    Where is this land located?
    The property is located at Nwc Howard St & Sacramento Ave Evanston, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: High-visibility corner lot at Howard Street & Sacramento Avenue, Evanston, IL. Adjacent to a strong retail center anchored by Jewel-Osco, Best Buy, Office Max, and Target.; Subject to Target's standard use restrictions.; Operates under an existing easement agreement with Target, Jewel-Osco, and Best Buy.
    Request Owner's contact information
    Nwc Howard St & Sacramento 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
    Nwc Howard St & Sacramento Ave Evanston, IL 60202
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