2958 Central Street, Evanston, IL 60201

Evanston
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
2958 Central Street,Evanston, IL 60201
$450,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: pankaj dhawan
Office: baird & warner
MLS#:12712262
Source:MLSNI

Price summary

  • Price:$450,000

About this home

Attention developers, investors, and owner-users! Rare commercial opportunity on North Evanston's highly coveted Central Street corridor. This ~4,200 SF parcel (approx. 30' x 140') features an existing, asbestos-free 495 SF standalone brick storefront-ideal for immediate end-user operation (retail, office, studio) or steady holding income while securing development permits. Zoned B1a Neighborhood Business District with Subarea 5 (Mixed-Use B) Central Street Overlay guidelines, the site offers a base 2.0 FAR (~8,400 buildable GSF), 0-ft side yard setback potential, and a 3-story / 40-ft max height envelope for a streamlined ground-up build. Initial feasibility conceptualizes ~2,600 SF of ground-floor commercial space paired with upper-story luxury residential units (e.g., four 2BD/2BA apartments), complemented by rear alley access for 4 off-street parking spaces and potential TOD parking reductions. Permitted by-right uses include retail goods, service establishments, Type 1...

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Home facts

  • Listing ID #:12712262
  • Updated:September 21, 2026 at 11:04 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Schools

  • High school:Evanston Twp High School

Finances and disclosures

  • Price:$450,000
  • Tax amount:$6,531 (2023)

Parking

  • Parking description:Off Alley
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