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609 Dempster Street
Evanston, IL 60201
Asking Price
Contact for price
Asset Type
Student Housing Retail
Class
Class B
What's Special
Half Acre TOD Development Site in Evanston <p>Located at a prominent intersection in Evanston, 601 Dempster represents a premier transit-oriented redevelopment opportunity characterized by its high-visibility frontage and significant "national brand gravity" due to its proximity to anchors like Target and Whole Foods. The property's new M2 zoning offers substantial flexibility for a high-density mixed use project that can capitalize on the consistent foot traffic of the Dempster corridor. With 30 parking spaces and a prime location just
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
