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1132 Florence Ave 6,885 SF 100% Leased Office Building Evanston, IL 60202 $1,399,000 ($203.20/SF)


Investment Highlights
- Lots of natural light
- Large outdoor parking lot
- Open floor plans with exposed brick walls
Executive Summary
This versatile mixed-use building is located on one of Evanston’s vibrant, artsy mixed-use streets, offering a unique urban setting surrounded by creative businesses, offices, and neighborhood amenities. The building has multiple office configurations and flex space. Originally constructed in 1927 as a bakery with an apartment above, the property was significantly expanded with new additions in 2003 and consistent renovations throughout the years.
The building includes:
Street-level office suite, with storage space, a powder room, shower and a kitchenette used by owner
Garden-level office suites offering flexible workspace options used by owner
Another street-level office with one private office, a large open work area, reception area, ADA-compliant bathrooms, and skylights used by tenants
Mid-level apartment with two bedrooms, a kitchen, bathroom, and skylights throughout used by tenants
Top level - Residential apartment with two large bedrooms, galley kitchen with dishwasher, powder room, full bathroom, skylights in all rooms, and a spacious 550 SF rear deck/veranda used by tenant
2 large, heated garages with 14-foot ceilings and two 12' x 16' overhead doors, ideal for storage, vehicles, or workspace, used by owner
Additional features include exterior parking for seven vehicles. Conveniently located just two blocks from the 206 bus stop, providing connections to CTA and Metra transit lines. Two blocks from Evanston Plaza Community Shopping Center (Valli grocery store, restaurants, fitness center, coffee shops, retail, service and auto care stores.) One block away from award winning Robert Crown Community Center and Library offers state of the art facilities and a wide variety of programming (hockey, skating, soccer, tennis, pickleball, indoor track).
The building includes:
Street-level office suite, with storage space, a powder room, shower and a kitchenette used by owner
Garden-level office suites offering flexible workspace options used by owner
Another street-level office with one private office, a large open work area, reception area, ADA-compliant bathrooms, and skylights used by tenants
Mid-level apartment with two bedrooms, a kitchen, bathroom, and skylights throughout used by tenants
Top level - Residential apartment with two large bedrooms, galley kitchen with dishwasher, powder room, full bathroom, skylights in all rooms, and a spacious 550 SF rear deck/veranda used by tenant
2 large, heated garages with 14-foot ceilings and two 12' x 16' overhead doors, ideal for storage, vehicles, or workspace, used by owner
Additional features include exterior parking for seven vehicles. Conveniently located just two blocks from the 206 bus stop, providing connections to CTA and Metra transit lines. Two blocks from Evanston Plaza Community Shopping Center (Valli grocery store, restaurants, fitness center, coffee shops, retail, service and auto care stores.) One block away from award winning Robert Crown Community Center and Library offers state of the art facilities and a wide variety of programming (hockey, skating, soccer, tennis, pickleball, indoor track).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,885 SF
Building Class
B
Year Built/Renovated
1927/2003
Price
$1,399,000
Price Per SF
$203.20
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,443 SF
Building FAR
0.83
Lot Size
0.19 AC
Zoning
B-1 - B1 Commercial District
Promote and preserve small scale, limited shopping and
business uses that service the neighborhood.
Parking
7 Spaces (1.02 Spaces per 1,000 SF Leased)
Amenities
- Skylights
- Roof Terrace
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | 10-24-210-018-0000 | Improvements Assessment | $69,626 |
| Land Assessment | $17,415 | Total Assessment | $87,041 |
Property Taxes
Parcel Number
10-24-210-018-0000
Land Assessment
$17,415
Improvements Assessment
$69,626
Total Assessment
$87,041
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1132 Florence Ave
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