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Property profile & analytics
OFF-MARKET
Retail space

618 Davis St 20 Evanston, IL 60201-4419

0.15 ac lot Built 1908
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-0127109
Property summary
AI-generated overview

This exceptional retail property, located at 618 Davis Street in the heart of downtown Evanston, Illinois, offers an unparalleled opportunity for a discerning business owner. Boasting approximately 12,000 square feet of space, this property provides ample room for a variety of retail ventures. A significant advantage is the impressive approximately 55 feet of frontage on Davis Street, ensuring high visibility and accessibility for potential customers. The property benefits from a consistently high daytime population, driven by the strong local demographics and the close proximity to Northwestern University, creating a robust and reliable customer base. This prime location guarantees significant foot traffic and exposure, making it an ideal setting for a thriving business. The property's history demonstrates a strong income stream, further solidifying its value and potential for future success. This is a rare opportunity to acquire a well-established retail space in a highly desirable and lucrative location within Evanston's vibrant downtown area. The property is priced at $2,300,000 and is ready for immediate occupancy. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1908
Lot 0.15 ac (6,380 SF)
APN 11-18-312-016
UPID US28-0127109
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sung Wook Kim · 1 yrs held
Sung Wook Kim
since 2024
6 recorded transactions
2024
Price N/A
2021
Price N/A
2018
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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