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  3. Evanston, IL
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  5. 500 Lake Street
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500 Lake Street

500 Lake Street, Evanston, IL, 60201

YEAR BUILT

1964

# STORIES

5

# TOTAL UNITS

10

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The building at 500 Lake Street sits in Evanston, a lively neighborhood near the shoreline. It features a mid-rise structure with five stories and ten individual units. This architecture allows for a blend of space and comfort, making it an attractive option for many. Constructed in 1964, the building includes units that range from 1,450 to 1,550 square feet. It has options for different bedroom counts, including 1, 2, and 3 bedrooms. Pricing for the available units starts at $345,000 and goes up to $385,000. This translates to about $288 per square foot based on recent sales. The average time units spend on the market is 59 days. This timeframe can give buyers a fair chance to think things over before deciding. Nearby, local businesses help create a vibrant community. Vpc Pizza Management LLC offers a tasty dining option, while Davis St Fishmarket Evanston provides fresh seafood. The building also includes an elevator, adding convenience for residents. This feature makes accessing different floors easy. Living here presents a chance to enjoy the local area while being near Lake Michigan. The nearby waterfront allows for recreational activities and scenic views. Overall, this property provides a comfortable lifestyle with a friendly vibe. Its location and amenities create a welcoming atmosphere for both new and current residents. The variety of unit sizes and prices caters to different needs and budgets.

Building ImageMLS ID #11974943
Building ImageMLS ID #11228196
Building Image
Building ImageView Listing

500 Lake Street

500 Lake Street, Evanston, IL, 60201

YEAR BUILT

1964

# STORIES

5

# TOTAL UNITS

10

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The building at 500 Lake Street sits in Evanston, a lively neighborhood near the shoreline. It features a mid-rise structure with five stories and ten individual units. This architecture allows for a blend of space and comfort, making it an attractive option for many. Constructed in 1964, the building includes units that range from 1,450 to 1,550 square feet. It has options for different bedroom counts, including 1, 2, and 3 bedrooms. Pricing for the available units starts at $345,000 and goes up to $385,000. This translates to about $288 per square foot based on recent sales. The average time units spend on the market is 59 days. This timeframe can give buyers a fair chance to think things over before deciding. Nearby, local businesses help create a vibrant community. Vpc Pizza Management LLC offers a tasty dining option, while Davis St Fishmarket Evanston provides fresh seafood. The building also includes an elevator, adding convenience for residents. This feature makes accessing different floors easy. Living here presents a chance to enjoy the local area while being near Lake Michigan. The nearby waterfront allows for recreational activities and scenic views. Overall, this property provides a comfortable lifestyle with a friendly vibe. Its location and amenities create a welcoming atmosphere for both new and current residents. The variety of unit sizes and prices caters to different needs and budgets.

Next

Description

The building at 500 Lake Street sits in Evanston, a lively neighborhood near the shoreline. It features a mid-rise structure with five stories and ten individual units. This architecture allows for a blend of space and comfort, making it an attractive option for many. Constructed in 1964, the building includes units that range from 1,450 to 1,550 square feet. It has options for different bedroom counts, including 1, 2, and 3 bedrooms. Pricing for the available units starts at $345,000 and goes up to $385,000. This translates to about $288 per square foot based on recent sales. The average time units spend on the market is 59 days. This timeframe can give buyers a fair chance to think things over before deciding. Nearby, local businesses help create a vibrant community. Vpc Pizza Management LLC offers a tasty dining option, while Davis St Fishmarket Evanston provides fresh seafood. The building also includes an elevator, adding convenience for residents. This feature makes accessing different floors easy. Living here presents a chance to enjoy the local area while being near Lake Michigan. The nearby waterfront allows for recreational activities and scenic views. Overall, this property provides a comfortable lifestyle with a friendly vibe. Its location and amenities create a welcoming atmosphere for both new and current residents. The variety of unit sizes and prices caters to different needs and budgets.

500 Lake Street Market Stats Last 12 months

Avg. Listed Price$369,900($277/Sqft.)
Avg. Sale Price$385,000($288/Sqft.)
Year over year list priceUp Arrow23.34%
Year over year sale priceUp Arrow 28.38%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market59 days
Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow23.34%
Year over year sale priceUp Arrow28.38%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market59 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

500 Lake Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 304304134032592025-07-01
MLS#: 12352666 		Closed$385,000
Unit 5045041500322112021-03-26
MLS#: 10837298 		Closed$340,000
Unit 4044041500321352013-07-31
MLS#: 08294172 		Closed$322,500
Unit 304
304

3 Beds

2 Baths

1340 sqft

DateStatusPrice
2025-07-01Closed$385,000
MLS#: 12352666
Days On Market59
Unit 404
404

3 Beds

2 Baths

1500 sqft

DateStatusPrice
2013-07-31Closed$322,500
MLS#: 08294172
Days On Market135
Unit 504
504

3 Beds

2 Baths

1500 sqft

DateStatusPrice
2021-03-26Closed$340,000
MLS#: 10837298
Days On Market211
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of 500 Lake Street is its convenient elevator access, ensuring easy movement between floors—especially handy when carrying groceries or bringing home new treasures from nearby shops. While the building may have a limited selection of amenities, it fosters a simple, down-to-earth lifestyle perfect for first-time buyers looking to make their mark.

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Amenities Description

One of the standout features of 500 Lake Street is its convenient elevator access, ensuring easy movement between floors—especially handy when carrying groceries or bringing home new treasures from nearby shops. While the building may have a limited selection of amenities, it fosters a simple, down-to-earth lifestyle perfect for first-time buyers looking to make their mark.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Coin Laundry

Coin Laundry

Storage

Storage

Policies

For our fur-loving friends, the good news is that cats are welcome! So, if you're a cat owner, you can breathe easy knowing your furry companion can enjoy your new home with you. However, it's worth noting that dogs are not permitted. Everyone appreciates a friendly environment, and these guidelines help maintain a peaceful community atmosphere.

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Amenities Description

For our fur-loving friends, the good news is that cats are welcome! So, if you're a cat owner, you can breathe easy knowing your furry companion can enjoy your new home with you. However, it's worth noting that dogs are not permitted. Everyone appreciates a friendly environment, and these guidelines help maintain a peaceful community atmosphere.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
500 Lake Street$288/sqft.$2 /sqft.
500 Lake St$288/sqft.$2 /sqft.
1416 Hinman Avenue$312/sqft.$2 /sqft.
1416 Hinman Ave$312/sqft.$2 /sqft.
Greenwood Inn$303/sqft.$3 /sqft.
1412 Hinman Ave$303/sqft.$3 /sqft.

Nearby Schools

500 Lake Street is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Chiaravalle Montessori School

--
Private|Grades PK–8
425 Dempster St|0.17 miles away

Beacon Academy

--
Private|Grades 9–12
1574 Sherman Ave|0.24 miles away

Nichols Middle School

B+
Public|Grades 6–8
800 Greenleaf St|0.5 miles away

Roycemore School

--
Private|Grades PK–12
1200 Davis St|0.56 miles away

Dewey Elementary School

A
Public|Grades KG–5
1551 Wesley Ave|0.64 miles away

Lincoln Elementary School

A-
Public|Grades KG–5
910 Forest Ave|0.67 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

500 Lake Street is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Chiaravalle Montessori School

--
Private|Grades PK–8
425 Dempster St|Less than 1 Mile Away

Beacon Academy

--
Private|Grades 9–12
1574 Sherman Ave|Less than 1 Mile Away

Nichols Middle School

B+
Public|Grades 6–8
800 Greenleaf St|Less than 1 Mile Away

Roycemore School

--
Private|Grades PK–12
1200 Davis St|Less than 1 Mile Away

Dewey Elementary School

A
Public|Grades KG–5
1551 Wesley Ave|Less than 1 Mile Away

Lincoln Elementary School

A-
Public|Grades KG–5
910 Forest Ave|Less than 1 Mile Away

Park School

--
Public|Grades –
828 Main St|Less than 1 Mile Away

Rice Childrens Center

--
Public|Grades 1–8
1101 Washington St|Less than 1 Mile Away

Pope John XXIII School

--
Private|Grades PK–8
1120 Washington St|Less than 1 Mile Away

Washington Elementary School

B-
Public|Grades KG–5
914 Ashland Ave|Less than 1 Mile Away

Midwest Montessori School

--
Private|Grades PK–KG
926 Noyes St|1.03 Miles Away

Evanston Township High School

A-
Public|Grades 9–12
1600 Dodge Ave|1.11 Miles Away

Kingsway Preparatory School

--
Private|Grades PK–4
2010 Dewey Ave|1.14 Miles Away

Oakton Elementary School

C
Public|Grades KG–5
436 Ridge Ave|1.28 Miles Away

Eths Day School

--
Public|Grades 9–12
1233 Hartrey Ave|1.29 Miles Away

Chute Middle School

C
Public|Grades 6–8
1400 Oakton St|1.39 Miles Away

Kingsley Elementary School

B
Public|Grades KG–5
2300 Green Bay Rd|1.41 Miles Away

Dr Ml King Jr Literary & Fine Arts School

B-
Public|Grades KG–8
2424 Lake St|1.50 Miles Away

Orrington Elementary School

A+
Public|Grades KG–5
2636 Orrington Ave|1.50 Miles Away

Joseph E Hill Education Center

--
Public|Grades PK–PK
1500 McDaniel Ave|1.53 Miles Away

Haven Middle School

C-
Public|Grades 6–8
2417 Prairie Ave|1.55 Miles Away

Gale Elementary Community Academy

D-
Public|Grades PK–8
1631 W Jonquil Ter|1.64 Miles Away

Dawes Elementary School

B
Public|Grades KG–5
440 Dodge Ave|1.66 Miles Away

Jordan Elementary Community School

C-
Public|Grades PK–8
7414 N Wolcott Ave|1.84 Miles Away

Baker Demonstration School

--
Private|Grades PK–8
201 Sheridan Rd|1.85 Miles Away

Sor Juana Ines de la Cruz

A-
Public|Grades PK–4
4120 W 57th St|1.92 Miles Away

Acero Charter School Newtwork- Sor Juana Ines de la Cruz

C
Public|Grades KG–12
7416 N Ridge Blvd|1.92 Miles Away

Lincolnwood Elementary School

B-
Public|Grades KG–5
2600 Colfax St|1.93 Miles Away

Transit

With nearby public transportation, 500 Lake Street offers strong connectivity across Evanston. Access to Bus, Metro, Rail within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

2310 W Oakton

1.81 miles away|35 min walk

2424 W Oakton

1.88 miles away|37 min walk

Asbury & Brummel

1.64 miles away|32 min walk

Asbury & Dobson

1.72 miles away|33 min walk

Asbury & Harvard Terrace

1.58 miles away|31 min walk

Asbury & Hull Terrace

1.46 miles away|28 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

With nearby public transportation, 500 Lake Street offers strong connectivity across Evanston. Access to Bus, Metro, Rail within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

2310 W Oakton

1.81 miles away|35 min walk

2424 W Oakton

1.88 miles away|37 min walk

Asbury & Brummel

1.64 miles away|32 min walk

Asbury & Dobson

1.72 miles away|33 min walk

Asbury & Harvard Terrace

1.58 miles away|31 min walk

Asbury & Hull Terrace

1.46 miles away|28 min walk

Asbury & Kirk

1.43 miles away|28 min walk

Asbury & Mulford

1.52 miles away|30 min walk

Ashland Ave & Simpson St

1.13 miles away|22 min walk

Ashland & Payne Street

1.2 miles away|23 min walk

Ashland & Simpson

1.13 miles away|22 min walk

Central & Orrington

1.39 miles away|27 min walk

Central (Purple)

1.43 miles away|28 min walk

Central-Purple

1.43 miles away|28 min walk

Central & Sheridan

1.39 miles away|27 min walk

Central St.

1.71 miles away|33 min walk

Central Street & Asbury

1.49 miles away|29 min walk

Central Street & Ashland

1.6 miles away|31 min walk

Central Street & Broadway/Poplar

1.71 miles away|33 min walk

Central Street & Eastwood

1.65 miles away|32 min walk

Central Street & Girard (Purple Line)

1.44 miles away|28 min walk

Central Street & Green Bay Rd

1.73 miles away|34 min walk

Central Street & Hartrey

1.89 miles away|37 min walk

Central Street & Jackson

1.55 miles away|30 min walk

Central Street & Ridge

1.42 miles away|28 min walk

Central Street & Sherman

1.4 miles away|27 min walk

Central Street & Walnut

1.93 miles away|37 min walk

Chicago Ave & Dempster St

0.19 miles away|4 min walk

Chicago Ave & Greenleaf St

0.43 miles away|9 min walk

Chicago Ave & Grove St

0.09 miles away|2 min walk

Chicago Ave & Hamilton St

0.34 miles away|7 min walk

Chicago Ave & Juneway Ter/ Mulford St

1.43 miles away|28 min walk

Chicago Ave & Kedzie St

0.82 miles away|16 min walk

Chicago Ave & Lake St

0.07 miles away|2 min walk

Chicago Ave & Madison St

0.83 miles away|16 min walk

Chicago Ave & Main St

0.67 miles away|13 min walk

Chicago Avenue & Church

0.27 miles away|6 min walk

Chicago Avenue & Davis

0.17 miles away|4 min walk

Chicago Avenue & Dempster (Purple Line)

0.2 miles away|4 min walk

Chicago Avenue & Greenleaf

0.44 miles away|9 min walk

Chicago Avenue & Greenwood

0.11 miles away|3 min walk

Chicago Avenue & Hamilton

0.32 miles away|7 min walk

Chicago Avenue & Kedzie

0.81 miles away|16 min walk

Chicago Avenue & Lake

0.07 miles away|2 min walk

Chicago Avenue & Main (Purple Line)

0.68 miles away|14 min walk

Chicago Avenue & South Blvd (Purple Line)

1.14 miles away|22 min walk

Chicago Ave & South Blvd

1.14 miles away|22 min walk

Chicago & Clark

0.39 miles away|8 min walk

Chicago & Juneway/Mulford

1.44 miles away|28 min walk

Chicago & Sheridan

0.49 miles away|10 min walk

The Neighbourhood: 500 Lake Street

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500 Lake Street Demographics

Age Demographics

0–14 Years

12.01%

15–29 Years

37.84%

30–44 Years

16.44%

45–59 Years

14.86%

60+ Years

18.85%

Commute

19.09%

Transit

11.11%

Walk

43.39%

Drive

4.94%

Bike

Housing Ownership

43.8%

Owner Occupied

56.2%

Rental Units

Household Types

Single Family
22.55%
Multi Family
2.75%
Single Person
40.21%
Multi Person
59.79%

Average Income

Household:$7,745,696.33 /yr

Individual:$5,244,836.53 /yr

Education

Bachelors Degree34.49%
High School College8.1%
Diploma3.31%
Post Graduate41.21%
Others12.89%
Next

Education

Diploma3.31%
Post Graduate41.21%
Others12.89%
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  2. /Evanston, IL
  3. /
    500 Lake Street
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Evanstonian
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ZIP Codes
600156005060056
6011260135601536017660195601966043260442604436050260538605436055560556605596060560645
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