Evanston, IL 60201 1723 Simpson Street

$485,000

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Presented By: Dimel Realty Inc
  • MLS# 12192782
  • 10/28/2024
  • Request Tour
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  • SQFT • 3,671

Home Details

Beautiful free-stand building lease for 10 YEARS WITH 10-YEAR OPTION. WELL-ESTABLISHED ORGANIZATION HOLDS THE LEASE. INVESTMENT. FREE STANDING BUILDING IS ZONED B1. BUILDING HAS BEEN REHABBED AND IN GREAT CONDITION.New HVAC system (Furnace and AC), NEW WINDOWS 2020, NEW CEILINGS, FLOOR AND ADA BATHROOM 2019. ROOF 10+. THREE NEW ELECTRIC PANELS WERE UPGRADED BY THE TENANT WITH 600 AMP SERVICE AND 2 OUTSIDE PARKING SPACES.
Presented By: Dimel Realty Inc

Interior Features for 1723 Simpson Street

Other Interior Features

FlooringVinyl

General for 1723 Simpson Street

Additional Parcels Y/NNo
Cap Rate6
CityEvanston
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseOffice
DirectionsGreenbay Rd, North to Simpson, Simpson west to property(1723).
ElectricService - 201 to 600 Amps
Gross Income
Leasable Area5569
Lease TypeNet
Lot Size Square Feet5000
MLS AreaEvanston
ModificationTimestamp2025-02-28T02:11:02.732Z
Net Operating Income31104
Number Of Units Total1
Operating Expense1800
PossessionClosing
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount24212
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger
TownshipEvanston
Year Built1960
ZoningCOMMR

Exterior for 1723 Simpson Street

Building Area Total3671
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions59X94.4

Additional Details

Price History

Client Care

Price $485,000
MLS#12192782
List Date 10/28/2024
Property Type Commercial
Phone 847.485.2500
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