Evanston, IL 60201,1424 Lake Street
Evanston, IL 60201,1424 Lake Street
Evanston, IL 60201,1424 Lake Street
Evanston, IL 60201,1424 Lake Street
Evanston, IL 60201,1424 Lake Street
Evanston, IL 60201,1424 Lake Street
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Listed by Christopher Gaggeroof @properties Christie's International Real Estate
Bought with Non Member of NON MEMBER

$930,000

$950,000

2.1%
Est.Price: ?

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Est. payment /mo

4,900 SqFt


SOLD DATE : 09/30/2025

Key Details

Sold Price $930,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $189

MLS Listing ID 12475566

Sold Date 09/30/25

Year Built 1915

Annual Tax Amount $17,188

Tax Year 2023

Lot Dimensions 35x140

Property Sub-Type Mixed Use

Property Description

SOLD BY WORD OF MOUTH BEFORE BEING LISTED. Very unusual and historic mixed-use building in Evanston. Proudly owned and lovingly maintained by the same family for over 100 years. 1424 Lake St offers lots of possibilities for businesses or for an artist who wants studio and living space or for a community group / foundation / not-for-profit who want a mix of residential and commercial space. And of course, it would work for a straight investor too. The 1st floor has an approx. 400sf office space and an approx. 4,000sf retail / flex space. The 2nd floor has two recently rehabbed apartments: one is 2 beds and 1 bath, the other 2 beds and 1.1 baths. They're currently vacant but market rent is $2,000 - 2,500 / month. Unfinished attic space with many possibilities. Full height, waterproofed basement with drain tile and sump pump. 3 garage spaces with high ceilings / doors. Lots of exterior parking. Located within a highly desirable, primarily residential neighborhood, the building has great street exposure plus excellent foot and car traffic. A pre-school is next door, a popular park that is a neighborhood hub is across the street, the elementary school is around the corner. Lake St is a through street for people coming in and out of downtown Evanston.

Location

State IL

County Cook

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

View Y/N true

Roof Type Composition,Membrane

Building

Foundation Concrete Perimeter

Structure Type Brick,Wood,Vinyl Siding

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