Commercial    

Meals on Wheels

 Evanston, IL

Asking Price:
$420,000

Cap Rate:
6.95%

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12 Miles from

Downtown Chicago

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Big 10

College Town

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Significantly Below

Market Rent

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2019

Renovation

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Prominent

Non-Profit HQ

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Premier Infill Location in North Chicago Suburbs
    12 Miles from Downtown with Growing Population
  • Significantly Below Market Rent
    Future Upside Opportunity
  • Mission Critical Location
    Food Prep Kitchen & HQ for Local Chapter
  • Excellent Demographics
    Population of 394,000+ (5 mi)
    HH Income of $158k+ (1 mi)
  • Excellent Access to Public Transit
    Chicago “Purple Line” & METRA Commuter Train Stations Nearby
  • Long-Term, Passive Lease
    Limited LL Obligations & 7+ Years
  • Big 10 College Town
    <1 Mile from Northwestern University
  • Established Non-Profit
    50+ Year Local Operating History, Respected Meals on Wheels Brand
  • Attractive Rental Increases
    Every 4 Years  

Exclusively Listed By

Brandon Duff

Senior Vice President & Managing Director
  bduff@northmarq.com   
IL Lic. # 475139166

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com      +1 312.777.2454
IL Lic. #475173323

Tom Fritz

Senior Vice President & Managing Director
  tfritz@northmarq.com   
IL Lic. #471018602

Matt Spangenberg

Senior Associate
  mspangenberg@northmarq.com   
IL Lic. #475157064

Austin Duff

Senior Associate
  aduff@northmarq.com   
IL Lic. # 475177877

Brandt Fuller

Senior Analyst
  bfuller@northmarq.com   
IL Lic. #475172411

Northmarq

303 E. Wacker Drive, Suite 1111
Chicago, IL 60601

 

northmarq.com