Evanston Condos for Sale

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Evanston Condo/Townhome Overview

July 20, 2008 There are 582 Condominiums and townhomes listed for sale on the MLS in Evanston – a increase of about 80 homes in the last 6 weeks. Prices range from $89,900 for a one bath studio unit to $2.8 million for a four bedroom, 3.5 bath penthouse in downtown Evanston.

Pricing per square foot ranges from $300 - $793 in the heart of downtown Evanston to $95 - $250 for outlying neighborhoods. Compared to Chicago real estate, the price per square foot is more affordable. In many of the established neighborhoods where attached garages are non-existent, parking is relegated to surface streets, where residents are required to purchase a sticker. In newer developments, however, parking is sometimes included. For example, part of the Winthrop Club development includes covered parking with deeded spaces for your condo.

Resale Condos

There are more than 400 condominiums and townhomes on the market. This is the biggest market for North Shore Chicago Condos. You’ll find a wide variety of styles to choose from, with an increasing emphasis on rehabbed buildings in the heart of Evanston. Prices range from the low $100,000s for moderately-sized units that have not been completely rehabbed to near-new construction in luxury developments for more than $1 million. There is a large inventory of condominiums in the $200s price range. Here’s just a sample:

• 1864 Sherman: $103,000 – A 2 bedroom/1 bath vintage condo with a newer kitchen and inner courtyard. Similar addresses are priced $30,0000 higher.
• 637 Brummel: $121,900 – A 1 bedroom/1 bath rehabbed unit with hardwood flooring throughout.
• 1516 Hinman: $139,900 – A 1 bath stdio unit located in the Hinman House, near the lakefront and Northwestern University.
• 1585 Ridge: $139,900 - A 2 bedroom/1 bath renovated unit located on the sitxth floor, with Berber carpeting and heated garage space.
• 201 Custer: $169,000 – A 2 bedroom/1 bath three-year-old unit, with luxury upgrdes including maple cabinetry and granite counters.
• 314 Callan: $190,000 – A 3 bedroom/1 bath unit iwith hardwood floors, priced at about $184 per square foot.
• 9201 Drake: $209,000 – A 2 bedroom/1 bath unit in sought-after Drake Manor.
• 720 Oakton: $226,900 – A 2 bedroom/2 bath unit with parquet flooring.

New Condominiums

Evanston boasts a number of new developments that have units available for immediate occupancy. Today, there are 133 new condominiums listed for sale in Evanston, averaging in square footage price from $209 - $518. These properties range from:

• $265,000 for a one-bedroom/one-bath in the gorgeous Sienna development located at Oak Avenue (development averages around $400 per square foot);
• $509,000 for a two bedroom/two bath condo ($439 per square foot) at 1567 Maple;
• $574,900 for a 2 bedroom/2 bath unit in a new development ($326 per square foot) at 525 Kedzie;
• $795,000 for a 4 bedroom/3 bath unit priced at $378 per square foot at 2642 Prairie;
• $839,000 for a 4 bedroom, 5 bath unit, priced at about $209 per square foot at 1562 Florence;
• $1.4 million for a beautiful 3 bedroom/ 3.5 bath three-level townhouse at 1833 Lincoln ($209 per square foot);
• $1.4 million for a 3 bedroom/4 bath unit in the Winthrop Club development located at 1567 Maple Avenue ($518 per square foot);

Pre-Construction Developments

Pre-construction condominiums are those which a developer or builder is advertising for sale prior to breaking ground or beginning a new phase of a current development. In Evanston, there are a number of condominium opportunities either in pre-construction phases or partially completed.

2100 Greenwood Lofts: This live / work lofts development are located in the former Main Steel building, adjacent to a major shopping area including restaurants and grocery stores, a bike and walking trail and public transportation. With pre-construction pricing starting a $335,000, these 27 unit Live/Work Condominium Lofts are available in a variety of floor plans and sizes with units ranging from 980 square feet to over 2700 square feet.

Church Street Village: Located at 1613-1691 Church Street, 40 brand-new, all-brick two and three bedroom town homes from $367,500 are slated for delivery late summer of this year. Church Street Village is a “green” community – one of the first residential communities in the country to offer geo-thermal energy systems, Energy Star appliances, double insulated windows, non-V.O.C. (Volatile Organic Compound) paint and the option for non-V.O.C. carpeting, as well as exploring environmentally safe alternatives to insulation which includes made from recycled blue jeans!

Winthrop Club: This exclusive set of Evanston condos boasts views of Lake Michigan and the Chicago skyline,state-of-the-art facilities, including private meeting room and fitness center with pool and sun deck, a 24-hour doorman and virtual concierge service, with prices beginning in the $300,000s.

Grand Bend at Green Bay: Located at 51228 Emerson St., where Green Bay Rd. meets Downtown Evanston, this building features curved architecture that has been thoughtfully planned to blend with the surrounding Evanston streetscape.

Sherman Plaza: With both new construction and pre-construction units available, this tower complex, the tallest in downtown Evanston, will hold 253 luxury residences when complete. A 24-hour doorman, health club and green roof are just a few of the amenities available to residents.

Sienna: Construction is under way on Phase Two of the four-phase Sienna development. The 51-unit building is set for delivery this fall. Professionally landscaped gardens on the one-acre site are expected to be in place by summer’s end. Prairie Central: Located at 2615 Prairie Ave., this development will include 13 "boutique" 2- and 3-bedroom units with generous outside space, and indoor heated parking. the developer also offers residents architectural consulting prior to construction.

Eastwood Evanston: With pre-construction pricing in the $300,000s, this Central Street development just west of Northwestern University's campus is on the site of the former Evanston Theater. There are 47 planned 1-, 2- and 3-bedroom residences in one of Evanston's hottest retail districts.

Main Street Station Condos: Located at the intersection of Main and Chicago, Main Street Station offers luxury 1- and 2-bedroom residences ranging from 950 square feet to more than 2,400 square feet combinations.

The Kedzie 525: Located at 525 Kedzie Avenue, this development will offer 2- and 2-plus bedroom residences with tree-top city and lake views. A fitness center, indoor heated parking and private balconies.

Prairie Central: With prices just over $300 per square foot and a total of 13 condominiums this is one of the newest developments coming on Evanston. Providing luxury living in Evanston at its best, it is perfect for those who are looking for a mix of an urban lifestyle in a suburban setting.

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