Property profile

0 Nwc Howard St & Sacramento Ave Evanston, IL 60202

OFF-MARKET
Retail properties & Spaces
6,400 SF 2.43 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,400 SF
Lot 2.43 ac (105,851 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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