600 Oakton Street Evanston, IL $ 495,000
600 Oakton Street
$ 495,000
Recently Listed New Construction
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600 Oakton Street

Evanston, IL, 60202
$ 495,000
Bedrooms-- Baths-- Sq 9,940

Monthly Estimate*

$ 3,088

600 Oakton Street, Evanston, IL 60202 - Image 1
600 Oakton Street, Evanston, IL 60202 - Image 2
600 Oakton Street, Evanston, IL 60202 - Image 3
600 Oakton Street, Evanston, IL 60202 - Image 4
600 Oakton Street, Evanston, IL 60202 - Image 5
600 Oakton Street, Evanston, IL 60202 - Image 6
600 Oakton Street, Evanston, IL 60202 - Image 7

Commercial Property for sale in Evanston, IL

for $495,000. This 9,940 square foot building was built in 1923 on a lot size of 0.315266.

Rare opportunity to acquire a 9,940 SF industrial flex building on a 13,733 SF landsite directly adjacent to the CTA Purple Line's South Boulevard Station in Southeast Evanston. Built in 1923 and zoned B-1, this one- and part two-story property offers 7,100 SF of ground-floor space leased to long-established Lake City Cleaners, plus an additional 2,800 SF of second-floor space currently vacant and ready for a new user. Also included is a 20-car parking lot with curb cuts on both Callan Avenue and Oakton Street providing excellent access and functionality as well as future development potential. This asset is ideal for investors seeking stable in-place income with significant upside, or developers looking to create value through renovation, reconfiguration, or new construction on a prominently located, transit-oriented site.

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 35,887

Style

Commercial

Lot Size

0.315266

Year Built

1923

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12521774

Features
General
Cooling None
Utilities Electric to Site Natural Gas Available Water Available
Roof Membrane
Zoning COMMR
Construction Materials Brick Concrete
Year Built 1923
Electric Service - 201 to 600 Amps 220 Volts
Tenant Pays Electricity Sewer
Stories Count 2
Township Evanston
Property Subtype Apartment
Tax Year 2024
Current Use Commercial Other
Gross Income 6500
County Cook
Net Operating Income 30613
Operating Expense 47387
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial Other
Status Active
Directions From Oakton St. and South Blvd go one block west on South Blvd to Callan Ave then go one block south to site
City Evanston
Number Of Units Total 2
MLS Area Evanston
Lot Size Square Feet 13733
Tax Annual Amount 35887
Additional Parcels Y/N Y
Leasable Area 9940
Lease Type Gross
Standard Status Active
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Interior
Flooring Concrete
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 9940
Lot Dimensions 99 x 125
Frontage Type City Street
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* Excluded Features
List By
Ettinger Realty, Ltd.

Broker

jettinger@ettingerrealty.com;jettinger@ettingerrealty.com

Email

Affordability Calculator

$6,079
Per Month
51%
49%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$2,991
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$495,000 Listed Price

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600 Oakton Street, Evanston, IL, 60202 is a Commercial Property for sale at $495,000 with 9,940 sqft and a lot size of 0.315266. 600 Oakton Street was built in 1923. The property's zip code is 60202 which is in Evanston, IL