Live - Work Space

Evanston, IL Live-work Space for Sale

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Brick Mixed-Use Building with Garages
Updated: Mar 20
Brick Mixed-Use Building with Garages

1132 Florence Ave, Evanston, IL 60202

$1,225,000
6,068 sqft
8,100‑square‑foot brick mixed‑use building with two storefront offices and apartments
Two heated garages with 14' ceilings and two 12' x 16' overhead doors
Parking for 7‑8 vehicles plus a 550 SF rear deck
Apartments include skylights, spacious bathrooms, and in‑unit washer/dryers
Built in 1927; expanded and updated in 2003
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Mixed-Use Building
Brick Mixed-Use Building

6532 S Ashland Avenue, Chicago, IL 60636

$219,000
0.07 AC lot

Commercial space occupies the first level, with living quarters arranged on the second floor.

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Mixed-Use Building with Medical Office
Mixed-Use Building with Medical Office

6444 N Central Avenue, Chicago, IL 60646

$519,000
0.07 AC lot

Two-level property pairs professional space with a residential apartment and dedicated rear parking.

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Two-Story Live-Work Space
Two-Story Live-Work Space

8009 LINCOLN Avenue, Skokie, IL 60077

$395,000

Ground-level commercial space is paired with a residential townhome featuring flexible interior and outdoor areas.

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Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

5640 N Western Avenue, Chicago, IL 60659

Contact for pricing

Two-story mixed-use building with large main-level commercial area, two residential units upstairs, and a full basement.

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Evanston, IL Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Evanston, IL on our real estate platform. These investment opportunities span a total of 6,068 square feet of properties for sale, with an estimated market value of $1,225,000.

Sale prices for live-work properties in Evanston, IL average $1,225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 19
Office buildings 8
Coworking space 2
Creative space 1
Medical Office Space 1

Demographics Overview

Population 81K
Population Growth (5Y) +5.3%
Median Household Income $99,828
College Educated 63.6%

High-Yield Neighborhoods for Investment

Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60202 $1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

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