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Land · Evanston, IL
$450,000
beds · baths
2958 Central Street, Evanston, IL, 60201
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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 restaurants, brew pubs, upper-story dwellings, live-work units, and upper-story professional offices. Boasting high foot traffic and excellent visibility, this prime location sits directly across from new Collective Coffee and is just blocks from public transit (Metra & CTA), Endeavor Health Hospital, Ryan Field, and Northwestern University. Sold AS-IS;
— the listing agent’s description

The home

Lot 30X140
Land

What it’ll cost

$6,531 taxes / yr
No HOA
17 days on dwello

Estimated monthly payment

$3,068/mo
Principal & interest$2,393
Property taxes$544
Homeowners insurance$131
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On our team, vettedYour info is never soldWith you through closing

Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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17 days on dwello
Price history
Listed for sale
Jul 24, 2026
$450,000
Earlier records
Listed
Aug 7, 2026
$450,000
Listed
Aug 2, 2026
$450,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$6,531/yr
Assessed value
2026
County assessor
$45,250
2025
$45,250
2024
$26,009
2023
$26,009
2022
$26,009
2021
$20,990
2020
$20,989
2019
$20,989
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasOff Alley

Schools

High — Evanston Twp High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Pankaj Dhawan · Baird & Warner
Listing last updated Aug 7, 2026 · data refreshed from the MLS Aug 7, 2026, 6:21 PM CT
Based on information submitted to the MLS GRID as of Aug 7, 2026, 6:21 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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