2958 Central Street, Evanston, IL 60201

Property Overview

Attention developers, investors, and owner-users! Premier commercial development site on North Evanston's highly coveted Central Street corridor. This ~4,200 SF parcel (approx. 35' x 120') sits in the B1a Business District with Subarea 5 (Mixed-Use B) Central Street Overlay guidelines. (See docs). Boasting a base 2.0 FAR (up to ~8,400 buildable GSF), 0-ft side yard setback potential, and a 3-story / 40-ft max height envelope, this site provides a streamlined path for a ground-up boutique mixed-use build. Feasibility conceptualizes ~2,600 SF of ground-floor commercial space plus 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. Existing 495 SF standalone storefront offers immediate functional use or holding income while securing permits. No asbestos in the building. Unbeatable location blocks from the Metra, Endeavor Health Hospital, and Northwestern. Inquire today! Sold AS-IS.