Mixed-Use Building 1727 Howard St Local commercial 295 m² À vendre Evanston, IL 60202 512 533 € (1 735,95 €/m²)

1727 Howard Street offers an outstanding opportunity to acquire a two-story mixed-use property positioned in Evanston, Illinois, close to the Chicago border. The building features a ground-level commercial storefront and a spacious upper-level apartment configured as three bedrooms and two bathrooms. The property sits on a 5,500 SF lot with a private rear patio and off-street parking for multiple vehicles. The apartment is tenant-occupied, generating an annual income of $33,600, providing immediate cash flow for new ownership.
The property is prominently located along Howard Street with bus service at the front door and short walking distance to nearby dining options and neighborhood amenities. The roof was replaced approximately 10 years ago, reducing near-term capital expenditure requirements. Current zoning of B3-1 offers versatile usage potential, supporting both retail and professional service tenants. Positioned in a dense urban corridor with a population exceeding 300,000 within three miles, the location ensures consistent demand from both residential and commercial markets.
With the storefront scheduled to be vacated after August 2026, this property presents excellent flexibility for owner-occupiers or investors seeking to reposition or lease the ground-floor commercial unit at market rents.