Attention Developers: CTA to sell Evanston property

1210-chancellor

In a belt-tightening effort, the Chicago Transit Authority (CTA) is unloading its vast real estate portfolio, including property in Evanston.

The CTA is selling a single-story brick building at 1210 W. Chancellor, just across the street from Peter Jans Golf Course. The 1,820 square- foot building was used once as a storage facility but now sits vacant at the corner of Chancellor St. and Bryant Ave. The building is located two blocks east of Northwestern’s Jack Ryan Stadium and two blocks west of the CTA purple line Central stop.

The land is zoned R5 general residential, and has 4,966 square feet.  CTA is taking bids for the property – it is not listed in the Multiple Listing Service. For more information, call 866-323-0640 or go to ctarealstate.com.

The CTA is also taking bids to lease three vacant retail stores at the Central Street stop, near Evanston Hospital. Each retail space is approximately 1,000 square-feet. CTA estimates there are 281,000 riders annually at the station.

The addresses are 1022, 1024 and 1026 Central Avenue.  CTA is also selling about a dozen buildings located along CTA lines in Chicago.

Today’s Closed Properties
1817 Grey -  Evanston -  $170,000 (foreclosure)
5343 Harvard -  Skokie -  $485,000 
8637 Keeler – Skokie -  $719,,000 (foreclosure)
1087 Oak Ridge – Glencoe  -  $989,000
2707 Hawthorne -  Wilmette - $1,160,000  
645 Maple – Winnetka -  $1,485,000
Based on information from Midwest Real Estate Data for the period March 3, 2009 through March 4, 2009. Listing and solds by various Participants of MRED

For more real estate information, please call me at 847-512-2724 or email me at TPareti@rubloff.com

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