0 Nwc Howard St & Sacramento Ave, Evanston, IL 60202
This exceptional investment opportunity presents four premier outparcel development sites totaling 2.43 acres, ideally situated at the northwest corner of Howard Street and Sacramento Avenue in Evanston, Illinois (zip code 60202). The property benefits from its location within a thriving shopping center anchored by major retailers including Target, Jewel-Osco, Best Buy, and Office Max. The outparcels are subject to Target's standard use restrictions and an operating and easement agreement between Target, Jewel-Osco, and Best Buy. Development options include: Outparcel 1 & 2 allow for a single 7,000 square foot building or two buildings with a combined maximum of 8,000 square feet. Outparcel 4 offers a 6,400 square foot building site, and Outparcel 5 provides a 6,650 square foot building site. This location offers high visibility and accessibility, making it an attractive proposition for a variety of retail uses. The opportunity is ideal for developers seeking to capitalize on the strong existing retail presence and high traffic volume in this established Evanston commercial corridor. Detailed site plans and development guidelines are available upon request.
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
Similar Nearby for Sale
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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.