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1723 Simpson Streets

Evanston, IL 60201

1723 Simpson Streets, Evanston, IL 60201 — exterior front view
1723 Simpson Streets, Evanston, IL 60201 — exterior view
1723 Simpson Streets, Evanston, IL 60201 — exterior view

1723 Simpson Streets

Evanston, IL

$485,000

ActiveMLS #MRD12538001

1723 Simpson Streets

Evanston, IL 60201

$485,000

List Price

Studio

Layout

About This Property

Beautiful free-stand building lease for 10 YEARS WITH 10-YEAR OPTION. WELL-ESTABLISHED ORGANIZATION HOLDS THE LEASE. INVESTMENT. FREE STANDING BUILDING IS ZONED B1. BUILDING HAS BEEN REHABBED AND IN GREAT CONDITION.New HVAC system (Furnace and AC), NEW WINDOWS 2020, NEW CEILINGS, FLOOR AND ADA BATHROOM 2019. ROOF 10+. THREE NEW ELECTRIC PANELS WERE UPGRADED BY THE TENANT WITH 600 AMP SERVICE AND 2 OUTSIDE PARKING SPACES.

Property Details

Key Facts

Overview
Property TypeBusiness Opportunity
BedroomsStudio
Days on Market118
Building
StyleOther
Lot Size59X94.4
CountyCook
CoolingCentral Air
ExteriorBrick
Lot Dimensions59X94.4
MLS #MRD12538001
Days on Market118
List DateDecember 29, 2025
StatusActive
Annual Taxes$24,212
Listing Courtesy OfDimel Realty Inc

Listed for sale

MLS #MRD12538001

$485,000

Dec 30, 2025

Mortgage Estimate

$4,470

/month
Principal & Interest
$2,452
Property Taxes
$2,018
20% · $97,000
6.5%

Location

Evanston · 1723 Simpson Streets, Evanston, IL 60201

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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