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    OFF-MARKET
    Retail properties & Spaces

    0 Nwc Howard St & Sacramento Ave, Evanston, IL 60202

    7,000 SF 0.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.58-acre outparcel presents a lucrative investment opportunity in Evanston, Illinois. Located at the northwest corner of Howard Street and Sacramento Avenue, this 7,000 square foot lot boasts a prime location within a thriving shopping center anchored by major retailers including Target, Jewel-Osco, Best Buy, and Office Max. The asking price is $675,000, translating to $96.43 per square foot. This property is ideal for a variety of retail developments, benefiting from the high foot traffic and strong brand recognition of its neighboring establishments. Potential buyers should be aware that the property is subject to Target's Standard Use Restrictions and an Operating and Easement Agreement between Target, Jewel-Osco, and Best Buy. The property's address is clearly identified as the Northwest corner of Howard Street and Sacramento Avenue, Evanston, IL 60202, in Cook County. This presents a unique chance to establish a successful retail presence in a high-demand area with established consumer traffic. The property's strategic location and proximity to major retailers make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Evanston market. Detailed legal documents outlining the use restrictions and easement agreement are available upon request.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,000 SF
    Lot 0.58 ac (25,265 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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