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1132 Florence Ave 6,885 SF 100% Leased Office Building Evanston, IL 60202 $1,250,000 ($181.55/SF)
Investment Highlights
- Lots of natural light
- Large outdoor parking lot
- Open floor plans with exposed brick walls
Executive Summary
Unique brick mixed-use building in Evanston's West End, offering flexible office, retail, and residential use. Features two storefront offices and spacious updated apartments with skylights, spacious bathrooms, in-unit washer/dryers, and a 550 SF rear deck. Two large, heated garages with 14' ceilings, two 12' x 16' overhead doors, and parking for 7-8 vehicles. Built in 1927 as a bakery and expanded/updated 2003 and remodeled throughout the years. Partially leased with strong value-add potential. Owner-occupied space offers additional rental income or an ideal live/work setup. Prime location near 206 bus line with CTA/Metra access, shopping, dining, Starbucks and fitness. Close to Robert Crown Community Center with recreational amenities. A rare opportunity for investors or owner-users seeking versatility in a vibrant neighborhood.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
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
$1,250,000
Price Per SF
$181.55
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
8 Spaces (1.16 Spaces per 1,000 SF Leased)
Amenities
- Skylights
- Roof Terrace
- Storage Space
- Air Conditioning
- Smoke Detector
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 10-24-210-018-0000 | Total Assessment | $87,041 (2025) |
| Land Assessment | $17,415 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $69,626 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
10-24-210-018-0000
Land Assessment
$17,415 (2025)
Improvements Assessment
$69,626 (2025)
Total Assessment
$87,041 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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