Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Three-parcel assemblage: Dempster Street building plus two adjoining owner-held McDaniel Avenue parking parcels
  • Built-out interior with a large assembly hall, multiple offices, storage rooms and a rear kitchen structure
  • Designated CDBG Target Area, a potential funding pathway for qualifying community-facility buyers
  • C-2 zoning permits cultural, religious, educational, government, office, retail and restaurant uses by right
  • Redevelopment upside: 45 feet by right, up to 60 feet and 2.0 FAR with Planned Development approval
  • Approximately 20 private gated on-site parking spaces with vehicular access from McDaniel Avenue

Executive Summary

The Forward Group at REAL Broker presents 2422 Dempster Street, a single-story commercial building in Evanston offered as a three-parcel assemblage together with two adjoining owner-held parking parcels at 1235 and 1237 McDaniel Avenue. All three parcels are owned by the Seller and are offered together to a single buyer.
The building totals approximately 5,000 SF including the main structure and a rear kitchen building, with roughly 4,800 SF of measured GLA. The interior is built out with a large open assembly and gathering hall, multiple private offices, storage rooms, interior restrooms, and a front entrance vestibule. The combined site is approximately 11,000 SF, about 0.25 acre, with private gated on-site surface parking and vehicular access from McDaniel Avenue. The building shares a common party wall with the adjoining commercial property to the west.
Zoning is C-2 Commercial District, one of Evanston's most versatile commercial classifications. Uses permitted by right include cultural facility, religious institution, educational institution, government institution, office, retail goods and retail services establishments, financial institution, restaurant, and food store establishment. Development standards allow building height up to 45 feet by right, and up to 60 feet with a Floor Area Ratio of 2.0 through Planned Development approval.
The property sits within a designated City of Evanston Community Development Block Grant Target Area, which may open federal grant, loan, or subsidy pathways for qualifying nonprofit and community-facility buyers pursuing acquisition, rehabilitation, or facility improvements. Buyers should verify current program availability and eligibility with the City of Evanston Community Development Department.
Dempster Street is a primary east-west arterial connecting Evanston to Skokie, Morton Grove, and the Edens Expressway. Median household income within one mile is $101,916. Metra's Davis Street and Main Street stations on the Union Pacific North Line are approximately 1.7 and 1.9 miles east, and O'Hare International Airport is roughly 14 miles away.
The property is currently exempt from property tax under nonprofit ownership. It carries no historic landmark designation and is not located within a historic district, zoning overlay, or Transit-Oriented Development zone.
Information deemed reliable but should be verified by purchaser.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,999 SF
Building Class
C
Year Built
1950
Price
$1,722,500 CAD
Price Per SF
$344.57 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.25 AC
Zoning
C-2 - C-2 Commercial District, Evanston Zoning Ordinance 6-10-4. Height to 45 ft by right, 60 ft and 2.0 FAR with Planned Development.
Parking
20 Spaces (4.17 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Fenced Lot
  • Storage Space
  • Air Conditioning
  • Awning
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Goldfish Swim School
Planet Fitness
Food 4 Less
Fifth Third Bank
U.S. Bank
CrossFit
Buffalo Wild Wings
Steak ‘n Shake
Chase Bank
  • Listing ID: 41839106

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 2422 Dempster St, Evanston, IL 60202

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}