Land For Sale • 0.1 AC
PREMIER INFILL DEVELOPMENT OPPORTUNITY ON CENTRAL STREET Exceptional commercial land parcel located on North Evanston’s highly desirable Central Street commercial corridor. Measuring approximately 35' × 120' (~4,200 SF), this rectangular infill site offers a streamlined path for a ground-up mixed-use boutique development. ZONING & DEVELOPMENT HIGHLIGHTS: Zoning: B1a Business District with Central Street Subarea 5 (Mixed-Use B) Overlay Guidelines. Density & Capacity: Base 2.0 Floor Area Ratio (FAR) allowing up to ~8,400 buildable GSF. Height & Setbacks: 3-story / 40-foot max height envelope with 0-foot side yard setback potential to maximize street frontage. Feasibility Concept: Ideal configuration for ~2,600 SF of ground-floor retail/commercial space paired with upper-story luxury residential apartments. Access & Parking: Serviced by direct rear public alley access providing off-street parking layout options with potential Transit-Oriented Development (TOD) parking reductions. EXISTING IMPROVEMENTS & SITE CONDITIONS: Includes an existing 495 SF standalone storefront structure offering immediate functional use or holding income during entitlement/permitting. Site is fully serviced with municipal utilities and confirmed free of asbestos. Sold AS-IS. LOCATION ADVANTAGES: High-visibility, highly walkable corridor situated steps from the Central Street Metra Station, Endeavor Health Evanston Hospital, and Northwestern University athletic facilities.
| Prime Corridor Location: Highly visible ~4,200 SF infill site situated on North Evanston's premier Central Street commercial strip. |
| Favorable Zoning & Overlay: Zoned B1a Business District under the Central Street Subarea 5 Overlay, clear path for ground-up mixed-use development |
| Flexible Development Capacity: 2.0 base Floor Area Ratio (FAR) allowing up to ~8,400 GSF across 3 stories (40-ft max height limit). |
| Maximum Lot Yield: Permissible 0-foot side yard setbacks allow for a full 35-foot wide street-wall profile to maximize usable square footage. |
| Holding Income Potential: Includes an existing 495 SF brick storefront for short-term rental income while finalizing architecture and permitting. |
| Clean & Fully Serviced Site: Confirmed free of asbestos; site has direct access to municipal water, sewer, electric, and gas utilities. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Evanston Central Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 2 min | 20 min | 1.0 mi |
| Wilmette Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 4 min | - | 1.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Evanston Central Street Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 2 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 48 min | - | 18.8 mi |
| Chicago Midway International | 47 min | - | 23.5 mi |