618 Davis Street Evanston, IL ^$ 2,450,000

618 Davis Street

^$ 2,450,000

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618 Davis Street

Evanston, IL, 60201

^$ 2,450,000

Studio Baths0.0 Sq 12,000

Monthly Estimate*

^$ 17,114

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Studio

Commercial Property for sale in Evanston, IL

for $2,450,000. This 12,000 square foot building was built in 1940 on a lot size of 0.146465.

Downtown Evanston retail space w/approx. 55 feet of Frontage on Davis. Benefit from high daytime population, excellent demographics and proximity to Northwestern University. Good income and good location.

Commercial Active

Price

^$ 2,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 83,049

Style

Lot Size

0.146465

Year Built

1940

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12005976

Features

General

Cooling None

Possession Negotiable

Zoning RTAIL

Year Built 1940

Electric Circuit Breakers Separate Meters

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance

Stories 2

Property SubType Neighborhood Storefront

Tax Year 2021

Gross Income 338400

County Cook

Net Operating Income 238000

Operating Expense 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions DOWNTOWN EVANSTON ON DAVIS ST. BETWEEN CHICAGO AND ORRINGTON.

City Evanston

MLS Area Evanston

Lot Size Square Feet 6380

Street Name Davis

Tax Annual Amount 83049

Additional Parcels Y/N N

Leasable Area 6000

Days on Market 7

Lease Type Net

Standard Status Active

Exterior

Building Area Total 12000

Lot Dimensions 55 X 116

Interior

Street Suffix Street

* Excluded Features

List By

Partners 4U Realty Inc.

Broker

greenleaf3133@gmail.com;greenleaf3133@gmail.com

Affordability Calculator

$24,035

Per Month

Monthly Principal & Interest: $17,114
Monthly Property Taxes: $6,921
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Evanston, IL

Average List Price ^$878,502

Percent of Sale Price 64%

About Evanston, IL

77,618 Population

5% Since 2002

^$75,925 Median Income

35.85 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$2,450,000		Listed Price

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618 Davis Street, Evanston, IL, 60201 is a Commercial Property for sale at $2,450,000 with 12,000 sqft and a lot size of 0.146465. 618 Davis Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 60201 which is in Evanston, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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618 Davis Street

Commercial Property for sale in Evanston, IL

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