2950 Central Street Evanston, IL $ 550,000
2950 Central Street
$ 550,000
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2950 Central Street

Evanston, IL, 60201
$ 550,000
Bedrooms-- Baths-- Sq 4,400

Monthly Estimate*

$ 3,386

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Commercial Property for sale in Evanston, IL

for $550,000. This 4,400 square foot building was built in 1925 on a lot size of 0.096419.

This is a perfect opportunity for an investor and / or user! This is a 2 unit, mixed-use building located on the Central Street corridor of Evanston. The 1st floor commercial space is currently vacant and the second floor is comprised of a 3-bedroom / 2-bathroom apartment unit. There is a full, unfinished basement that is perfect for storage and a 2-car garage and 1 surface space in the rear. The apartment has in-unit washer and dryer. The boiler was replaced within the last 5 years. The apartment is currently leased through the end of June, 2026. Reach out to the listing agent to get Offering Memorandum!

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 15,794

Style

Lot Size

0.096419

Year Built

1925

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12580824

Features
General
Cooling Window Unit(s)
Year Built 1925
Electric Separate Meters
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 28080
County Cook
Insurance Expense 3821
Property Type Commercial Sale Mixed Use
Status New
Directions Located on the south side of Central Street just west of Hurd Avenue and east of Central Park Avenue.
City Evanston
Number Of Units Total 2
MLS Area Evanston
Lot Size Square Feet 4200
Tax Annual Amount 15794.36
Electric Expense 0
Fuel Expense 3000
Trash Expense 0
Water Sewer Expense 821
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 4400
Lot Dimensions 30x140
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* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

kzurweller@htapartments.com

Email

Affordability Calculator

$4,703
Per Month
72%
28%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$1,316
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/2/2026$55,000 Listed Price

Map


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2950 Central Street, Evanston, IL, 60201 is a Commercial Property for sale at $550,000 with 4,400 sqft and a lot size of 0.096419. 2950 Central Street was built in 1925. The property's zip code is 60201 which is in Evanston, IL