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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

523 Davis St Evanston, IL 60201

1,200 SF
Property ID
Property summary
AI-generated overview

This exceptional 1200-square-foot commercial space at 523 Davis Street in Evanston, Illinois, presents a unique opportunity for a variety of retail or restaurant businesses. Located in the heart of downtown Evanston, this property boasts a highly visible position just off the corner of Chicago and Davis Streets, ensuring significant foot traffic and exposure. The space is currently vacant and offers a blank canvas for a tenant to customize to their specific needs. The property is zoned D-3, allowing for a wide range of commercial uses. The building's total square footage is 1200 square feet, all of which is currently available. This "vanilla box" delivery provides flexibility for build-out and design, allowing for a truly bespoke space. The previous tenant operated a restaurant, suggesting the space is well-suited for food service, but the zoning allows for a variety of other retail uses. The property is situated in Cook County, Illinois, and has a 60201 zip code. This prime location offers unparalleled access to a vibrant and affluent community, making it an ideal investment for any discerning business owner seeking a high-impact presence in a thriving downtown area. The property's address is 523 Davis Street.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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