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2958 Central Street, Evanston, IL 60201

Evanston
Local realty services provided by:CENTURY 21 New Beginnings
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 13, 2026 at 11:08 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Vivian Galarza

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