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1902 Green Bay Rd 3,800 SF 100% Leased Retail Building Evanston, IL 60201 $795,000 ($209.21/SF)
Investment Highlights
- High-visibility corner location on signalized intersection with 20k VPD
- Full, usable basement areas (not included in sf)
- Property upgrades totalling $177,000 completed 2021
- Current home for Hecky's Bar-B-Q. BUSINESS NOT FOR SALE, will either remain or vacate at Buyer's request
Executive Summary
PROPERTY ONLY!
Business not for sale
This iconic corner includes a single-story 2-unit retail building with basement storage and office areas. Occupants include a 2,440 sf restaurant/offices with an entrance on the southeast corner of the property, and a 360 sf Salon on Emerson Street. Restaurant business open to vacating upon sale or remaining as a tenant.
Strategically located on the most visible corner of the 5-way Green Bay Road/Emerson/Ridge Avenue. signalized intersection. 20,750 combined VPD
Property upgrades totaling $177,000 completed in 2021
Zoning C2 - Commercial District
PIN 10-13-213-013-0000
RE Taxes (2023): $25,350
SHOWINGS ON MONDAYS ONLY, DO NOT DISTURB BUSINESSES OR EMPLOYEES
Business not for sale
This iconic corner includes a single-story 2-unit retail building with basement storage and office areas. Occupants include a 2,440 sf restaurant/offices with an entrance on the southeast corner of the property, and a 360 sf Salon on Emerson Street. Restaurant business open to vacating upon sale or remaining as a tenant.
Strategically located on the most visible corner of the 5-way Green Bay Road/Emerson/Ridge Avenue. signalized intersection. 20,750 combined VPD
Property upgrades totaling $177,000 completed in 2021
Zoning C2 - Commercial District
PIN 10-13-213-013-0000
RE Taxes (2023): $25,350
SHOWINGS ON MONDAYS ONLY, DO NOT DISTURB BUSINESSES OR EMPLOYEES
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
3,800 SF
Building Class
C
Year Built/Renovated
1928/1983
Price
$795,000
Price Per SF
$209.21
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.85 AC
Zoning
C2 - The C2 commercial district is intended to provide suitable locations for general business and commercial activities.
Frontage
125’ on Green Bay Road
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Roof Terrace
- Storage Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hecky's Bar-B-Q
- Accommodation and Food Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hecky's Bar-B-Q | Accommodation and Food Services | 99,999 SF | - | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-13-213-013-0000 | Improvements Assessment | $77,080 |
| Land Assessment | $37,170 | Total Assessment | $114,250 |
Property Taxes
Parcel Number
10-13-213-013-0000
Land Assessment
$37,170
Improvements Assessment
$77,080
Total Assessment
$114,250
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1902 Green Bay Rd
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