600 Oakton Street new

Evanston,IL 60202

$ 495000

- Bed

- Bath

9940 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 9,940 sqft

Price per Sqft $49

MLS Listing ID 12521774

Year Built 1923

Annual Tax Amount $35,887

Tax Year 2024

Lot Dimensions 99 x 125

Property Sub-Type Industrial

Property Description

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling None

Flooring Concrete

Fireplace N

Exterior

Utilities Available Electric to Site,Natural Gas Available,Water Available

View Y/N true

Roof Type Membrane

Building

Foundation Concrete Perimeter

Structure Type Brick,Concrete

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