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Property profile & analytics
FOR SALE
Retail space

2600 Gross Point Rd Evanston, IL 60201

0.15 ac lot Built 1951
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US28-0778798
Property summary
AI-generated overview

This exceptional 4,888 square foot office building presents a fantastic owner-user opportunity in Evanston, Illinois. Situated on a high-traffic corner lot at 2600 Gross Point Road, this property boasts exceptional visibility and accessibility. Originally constructed in 1956 and extensively renovated in 2002, the building offers a blend of modern amenities and classic charm. The interior layout includes a variety of spaces to suit diverse business needs, featuring private offices, multiple conference rooms, an on-site exercise room, and expansive open work areas perfect for collaborative environments. The two-level layout provides ample space for growth and flexibility. Practical features include a convenient two-car garage, a robust gas forced air HVAC system ensuring year-round comfort, a durable roof for lasting protection, and a reliable 120/240 Volt electrical supply. Four private washrooms, two of which include showers, add to the convenience and functionality of the space. This versatile property is ideally suited for a range of businesses seeking a prestigious and well-equipped location in a thriving community. The asking price is $699,000. This is a rare opportunity to acquire a fully renovated, high-visibility commercial property in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Lot 0.15 ac (6,431 SF)
APN 05-33-318-032
UPID US28-0778798
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
Current use
Occupant on record · Public records
  • Evanston Paper & Packaging Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gross Point Realty LLC · 24 yrs held
Gross Point Realty LLC
since 2002
7 recorded transactions
2002
$275,000
2000
Price N/A
1999
$265,001
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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