Property profile

0 Nwc Howard St & Sacramento Ave Evanston, IL 60202

OFF-MARKET
Retail properties & Spaces
0.64 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Lot 0.64 ac (27,661 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nwc Howard St & Sacramento Ave Evanston, IL 60202
Evanston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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