0 Nwc Howard St & Sacramento Ave, Evanston, IL 60202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.