Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Rare high-visibility owner/user or redevelopment opportunity on the Dempster Street corridor in Evanston. Offered as a 3-parcel assemblage (PINs 10-24-100-030, -024 and -025) totaling approximately 11,000 SF of land (+/- 0.25 acre) with a +/- 5,000 SF commercial building and +/- 20 private, gated, owned on-site parking spaces. C-2 (Commercial District) zoning permits a broad range of uses; development standards allow redevelopment up to 45 ft by right, and up to 60 ft with a 2.0 FAR with Planned Development approval. The building shares a party wall on its west side (adjoining the Kabul House building). Sold as a full assemblage - building plus owned parking land - and owned free and clear (tax-exempt, non-profit owner). Located within a designated City of Evanston Community Development Block Grant (CDBG) Target Area - may open federal grant, loan, or subsidy pathways for qualifying nonprofit or community-facility buyers (buyer to verify eligibility and program availability with the City of Evanston Community Development Department). Plat of survey and title commitment in process; lot dimensions and parking count to be verified by survey. Offering Memorandum available. Buyer to verify all information and permitted uses with the City of Evanston.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1955
General Information
County: Cook
Listed By:
Real Broker, LLC
217-960-8605
MRED MLS
MLS ID: 12714061
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2422 Dempster Street , Evanston, IL 60202.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,250,000 | $1,250,000 | $1,250,000 |
| Down Payment | $43,750 | $0 | $250,000 |
| Monthly Mortgage Amount | $7,557 | $7,862 | $6,239 |
| Taxes | $1740 | $1740 | $1740 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $750 | $0 | $0 |
| Monthly Estimated Total | $10,412 | $9,967 | $8,344 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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