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High-Profile Restaurant/Retail/business Opportunity on Central St in Evanston

$875,000

2945 Central Street, Evanston, IL 60201

Active
Last Updated: 05/07/2025

2,500 sqft

Building Size

0.2152 acres

Lot Area

Details:
Building Size:    2,500 sqft
Lot Area:    0.2152 acres
Units:    1
Year Built:    1935
Floors:    1
Highlights:
  • ±2,500 SF building on 9,375 SF lot
  • High-visibility corner property
  • Located in the heart of Evanston's Central Street commercial corridor
  • Plans and drawings pre-approved for a restaurant/hospitality facility
  • Seating for ±70 indoors and over 100 outdoors
  • Flexible zoning allows for a wide range of uses
  • Surrounded by a supportive, engaged community of residents and small businesses
  • Incredible demographics with Avg HH income of $230k and Avg home value of $782,000 in immediate area
  • Easy access to I-94, Green Bay Road, and public transit options
  • Expansive outdoor area for al fresco dining or additional parking
  • Six parking spaces planned on site with ample street parking
  • Property improvements include new blue clay roof, new doors and windows, new exterior lights, 4 new roll-up doors, tuckpointing and painting and a new outdoor patio (approved)
  • Renovations approved by Evanston's Landmark Preservation Commission
  • For sale at $875,000 (including plans) or for lease at $13,000/month NNN
Description:

For Sale or Lease. Great restaurant or business opportunity in the heart of Evanston’s highly desirable Central Street corridor with approved plans for redevelopment. This ±2,500 SF building, situated on a generous 9,375 SF lot, has entitlements for a restaurant facility that will seat ±70 people indoors and over 100 people outdoors. This corner property offering boasts high visibility, excellent foot traffic, and proximity to boutiques, cafes, Metra, and Northwestern University. Ideal for restaurant/hospitality uses with ample space for parking and outdoor seating. This landmarked property has had its renovation approved by the City of Evanston's Landmark Preservation Commission. Surrounded by a thriving mix of residences and small businesses. Don’t miss this chance to invest in one of Evanston’s most vibrant and walkable neighborhoods. Seller is a licensed Illinois Real Estate Broker.

​The area surrounding 2945 Central Street in Evanston, Illinois, is a vibrant and historic neighborhood known for its blend of residential charm and lively commercial activity. This region, often referred to as the Central Street neighborhood, offers a unique mix of urban amenities and small-town appeal. Central Street serves as the neighborhood's main commercial corridor, featuring a pedestrian-friendly district filled with independent stores, bakeries, coffee shops, boutiques, and restaurants. Notable establishments include DeSalvo’s Pizza, Backlot Coffee, Hartigan's Ice Cream, and Leonidas Chocolate Café.

Located at the corner of Central Street and Hurd Avenue in Evanston, Illinois, 2945-2949 Central Street is a distinctive commercial property that offers a blend of historical charm and modern potential. Originally constructed in 1935, this 2,500-square-foot building was designed by architect Carl A. Petersen as a Pure Oil gas station, embodying the company's "English cottage" style with its white brick façade, sharply pitched roof, and gable-end chimney

Map:
Documents:
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2945_Central_Marketing_Brochure.pdf
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2945_Central_Marketing_Brochure.pdf
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Location
Gallery