1723 Simpson Streets Evanston, IL ^$ 485,000

1723 Simpson Streets

^$ 485,000

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1723 Simpson Streets

Evanston, IL, 60201

^$ 485,000

Bedrooms-- Baths-- Sq 3,671

Monthly Estimate*

^$ 3,026

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Commercial Property for sale in Evanston, IL

for $485,000. This 3,671 square foot building was built 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.

Commercial Active

Price

^$ 485,000

Property Type

Commercial

Taxes

^$ 24,212

Style

Food & Beverage,Distribution

Lot Size

0.114784

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12538001

Features

General

Cooling Central Air

Possession Closing Immediate

Zoning COMMR

Construction Materials Brick

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger

Stories Count 1

Tax Year 2023

Current Use Office

Business Type Food & Beverage Distribution

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status New

Directions Greenbay Rd North to Simpson Simpson west to property(1723).

City Evanston

MLS Area Evanston

Lot Size Square Feet 5000

Tax Annual Amount 24212

Additional Parcels Y/N N

Lease Type Net

Standard Status Active

Ownership Type LLC

Exterior

Building Area Total 3671

Lot Dimensions 59X94.4

Frontage Type City Street Public Road

* Excluded Features

List By

Dimel Realty Inc

Broker

samiyonan@gmail.com

Affordability Calculator

$5,043

Per Month

Monthly Principal & Interest: $3,026
Monthly Property Taxes: $2,018
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 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

Trends
Schools

Commerical listings in Evanston, IL

Average List Price ^$626,200

Percent of Sale Price 29%

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
12/30/2025	$485,000		Listed Price

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1723 Simpson Streets, Evanston, IL, 60201 is a Commercial Property for sale at $485,000 with 3,671 sqft and a lot size of 0.114784. 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 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.

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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/31/2025.

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1723 Simpson Streets

Commercial Property for sale in Evanston, IL

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