Financial
Distress signals
Property profile

2600 Gross Point Rd Evanston, IL 60201

FOR SALE
Retail space
Property ID
US28-0778798
0.15 ac lot Built 1951
Last sale Apr 2002 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2600 Gross Point Rd, Evanston, IL 60201 For Sale
$599,000
2600 Gross Point Rd, Evanston, IL 60201
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value$118k
Assessed land$32k
Assessed improvement$86k
Effective rate23.23%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$30k
Operating expenses−$22k
NOI · 11.25% cap applied$67k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
11.25%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant29.1
Hair Salon26.9
Clothing Store19.2

Location

2600 Gross Point Rd Evanston, IL 60201
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2650 Grn Bay, Evanston, IL 60201-1422 $1,650,000 Jan 2026 No data
1705 Maple, Evanston, IL 60201 $31,200,000 Jun 2025 No data
2900 Central, Evanston, IL 60201-1224 $851,000 Mar 2025 No data
2821 Central, Evanston, IL 60201-1221 $1,675,000 Mar 2025 No data
1851 Benson, Evanston, IL 60201 $1,650,000 Dec 2024 No data
2956 Central St, Evanston, IL 60201-1246 $365,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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