1723 Simpson Street Evanston, IL $ 484,900
1723 Simpson Street
$ 484,900
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1723 Simpson Street

Evanston, IL, 60201
$ 484,900
Bedrooms-- Baths-- Sq 3,671
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Property for Rent in Evanston, IL

for $484,900. This 3,671 square foot property was built in 1960 on a lot size of 0.114784.

Beautiful free-stand building lease for 10 YEARS WITH 10-YEAR OPTION. WELL-ESTABLISHED ORGANIZATION HOLDS THE LEASE. INVESTMENT. FREE STANDING BUILDING IS ZONED B1. BUILDING HAS BEEN REHABBED AND IN GREAT CONDITION.New HVAC system (Furnace and AC), NEW WINDOWS 2020, NEW CEILINGS, FLOOR AND ADA BATHROOM 2019. ROOF 10+. THREE NEW ELECTRIC PANELS WERE UPGRADED BY THE TENANT WITH 600 AMP SERVICE AND 2 OUTSIDE PARKING SPACES.

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Rental Active

Price

$ 484,900

Taxes

$ 24,212

Style

Office

Lot Size

0.114784

Year Built

1960

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12402855

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1960
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger
Stories Count 1
Township Evanston
Property Subtype Retail
Tax Year 2023
Current Use Office
Gross Income 0
County Cook
Net Operating Income 31104
Operating Expense 1800
Property Type Commercial Sale Retail/Stores
Status Active
Directions Greenbay Rd North to Simpson Simpson west to property(1723).
City Evanston
Number Of Units Total 1
MLS Area Evanston
Lot Size Square Feet 5000
Tax Annual Amount 24212
Additional Parcels Y/N N
Leasable Area 5569
Lease Type Net
Standard Status Active
Cap Rate 6
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Interior
Flooring Vinyl
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3671
Lot Dimensions 59X94.4
Frontage Type City Street Public Road
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* Excluded Features
List By
Dimel Realty Inc

Broker

samiyonan@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$484,900 Listed Price

Map


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1723 Simpson Street, Evanston, IL, 60201 is a Property for Rent at $484,900 with 3,671 sqft and a lot size of 0.114784. 1723 Simpson Street was built in 1960. The property's zip code is 60201 which is in Evanston, IL