$445,000 SALE
Retail
3,800 SF
1900 Asbury
Evanston, IL 60201 US 1900 / 1904 Asbury



This multi-purpose site consists of three buildings: 1) a 2,000 sf retail / office building; 2) an approximately 1,800 sf residential two flat (rented to Northwestern University students) and; 3) a single car storage garage. The residential rental tenants pay $2,000 / month plus all their own utilities. The retail / office building is now empty, recently it housed two tenants. The east 1,000 square feet was a lawyer’s office and is built-out appropriately. The west 1,000 square feet was a barber shop so it is primarily open space. The two spaces can be combined. The 2011 taxes were $26,207. The 2012 tax assessment has been has been reduced by over 40% and the new taxes are estimated to be around $15,200.


Property Type Retail
Building Class C
Available Floors 1
Tax Year 2012
Listing ID JP9CL8
Style Other Style
Building Size 3,800 SF
Lot Size 6000 SF
Taxes $26,207
Area Description

Region: Evanston

Property Features
Parking Places: 1
Industrial Ground Level: Y
Industrial Clearance: 12 feet in retail buildin
Road Type: Main Thoroughfare
Fencing: Partially Fenced
Sewer: City
Body of Water: Lake
Water: City Water
Garage Description: Detached Garage
Age: Over 50 Years Old
Heating - Fuel Type: Gas
Location: This property is located at the corner of Emerson and Asbury, just west of Green Bay in Evanston. , Emerson is a major entrance to Evanston' Central Business District, and Northwestern Avenue. Asbury is a major north / south feeder street which becomes Western Avenue in Chicago. Average traffic count along Emerson in 2012 was 16,000 cars per day. The property is zoned B1 as a neighborhood business district. The site has the distinct advantage of being close to the Davis Street public transportation stations which serve METRA, CTA Elevated rail, CTA bus service into the City and PACE bus services for the suburbs
Financials
Gross Income: $24,000
Area Demographics