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  3. Evanston, IL
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  5. 540 Michigan Avenue
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540 Michigan Avenue

540 Michigan Avenue, Evanston, IL, 60202

YEAR BUILT

1922

# STORIES

3

# TOTAL UNITS

3

UNIT SIZE RANGE

-

Description

540 Michigan Avenue is a distinguished three-story building constructed in 1922, located at 540 Michigan Avenue, Evanston, IL, with the zip code 60202. This historic property offers a blend of classic architecture and modern updates. The building's exterior features traditional masonry work, reflecting the architectural style prevalent in the early 20th century. Inside, residents find a combination of vintage charm and contemporary living spaces, with units that provide comfortable accommodations. While the building does not offer waterfront views, its robust construction makes it a resilient choice for those valuing solid craftsmanship. Among the notable amenities are secure entry access, a communal laundry area, and dedicated storage spaces for residents. The property is designed to cater to the needs of its community, providing convenient access to nearby local shops and transit options. Situated in a serene part of Evanston, 540 Michigan Avenue benefits from its proximity to various parks and recreational areas, offering a peaceful environment while being close to urban conveniences. This location is ideal for those seeking a balance between historic ambiance and modern amenities.

Building Image
Building Image

540 Michigan Avenue

540 Michigan Avenue, Evanston, IL, 60202

YEAR BUILT

1922

# STORIES

3

# TOTAL UNITS

3

UNIT SIZE RANGE

-

Description

540 Michigan Avenue is a distinguished three-story building constructed in 1922, located at 540 Michigan Avenue, Evanston, IL, with the zip code 60202. This historic property offers a blend of classic architecture and modern updates. The building's exterior features traditional masonry work, reflecting the architectural style prevalent in the early 20th century. Inside, residents find a combination of vintage charm and contemporary living spaces, with units that provide comfortable accommodations. While the building does not offer waterfront views, its robust construction makes it a resilient choice for those valuing solid craftsmanship. Among the notable amenities are secure entry access, a communal laundry area, and dedicated storage spaces for residents. The property is designed to cater to the needs of its community, providing convenient access to nearby local shops and transit options. Situated in a serene part of Evanston, 540 Michigan Avenue benefits from its proximity to various parks and recreational areas, offering a peaceful environment while being close to urban conveniences. This location is ideal for those seeking a balance between historic ambiance and modern amenities.

Next

Description

540 Michigan Avenue is a distinguished three-story building constructed in 1922, located at 540 Michigan Avenue, Evanston, IL, with the zip code 60202. This historic property offers a blend of classic architecture and modern updates. The building's exterior features traditional masonry work, reflecting the architectural style prevalent in the early 20th century. Inside, residents find a combination of vintage charm and contemporary living spaces, with units that provide comfortable accommodations. While the building does not offer waterfront views, its robust construction makes it a resilient choice for those valuing solid craftsmanship. Among the notable amenities are secure entry access, a communal laundry area, and dedicated storage spaces for residents. The property is designed to cater to the needs of its community, providing convenient access to nearby local shops and transit options. Situated in a serene part of Evanston, 540 Michigan Avenue benefits from its proximity to various parks and recreational areas, offering a peaceful environment while being close to urban conveniences. This location is ideal for those seeking a balance between historic ambiance and modern amenities.

540 Michigan Avenue Key Stats Last 12 months

Avg. Listed Price$255,000

Avg. Sale Price$265,000
Year over year list priceUp Arrow0.09%

Year over year sale priceUp Arrow 0.08%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft-
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Key Stats

Year over year list priceUp Arrow0.09%

Year over year sale priceUp Arrow0.08%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft-

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

540 Michigan Avenue Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit H1H1-21452024-05-31
MLS#: 12030085
Closed$265,000
Unit H3H3-21212023-06-02
MLS#: 11755511
Closed$245,000
Unit H1H1-211902007-11-09
MLS#: 06500859
Closed$205,000
Unit H1
H1

2 Beds

1 Baths

0 sqft


DateStatusPrice
2024-05-31Closed$265,000
MLS#: 12030085
Days On Market45
Unit H1
H1

2 Beds

1 Baths

0 sqft


DateStatusPrice
2007-11-09Closed$205,000
MLS#: 06500859
Days On Market190
Unit H3
H3

2 Beds

1 Baths

0 sqft


DateStatusPrice
2023-06-02Closed$245,000
MLS#: 11755511
Days On Market21
View Complete Unit Listing HistorySource By: MRED

Amenities

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

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Storage

Storage

Policies

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)
No nearby building(s) data available.

Nearby Schools

Situated in , 540 Michigan Avenue is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Gale Elementary Community Academy

D-
Public|Grades PK–8
1631 W Jonquil Ter|0.49 miles away

Lincoln Elementary School

A-
Public|Grades KG–5
910 Forest Ave|0.49 miles away

Park School

--
Public|Grades –
828 Main St|0.69 miles away

Oakton Elementary School

C
Public|Grades KG–5
436 Ridge Ave|0.71 miles away

Jordan Elementary Community School

C-
Public|Grades PK–8
7414 N Wolcott Ave|0.79 miles away

Rice Childrens Center

--
Public|Grades 1–8
1101 Washington St|0.83 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

Situated in , 540 Michigan Avenue is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Gale Elementary Community Academy

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

Oakton Elementary School

C
Public|Grades KG–5
436 Ridge Ave|Less than 1 Mile Away

Jordan Elementary Community School

C-
Public|Grades PK–8
7414 N Wolcott Ave|Less than 1 Mile Away

Rice Childrens Center

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

Nichols Middle School

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

Pope John XXIII School

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

Chiaravalle Montessori School

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

Acero Charter School Newtwork- Sor Juana Ines de la Cruz

C
Public|Grades KG–12
7416 N Ridge Blvd|1.02 Miles Away

Sor Juana Ines de la Cruz

A-
Public|Grades PK–4
4120 W 57th St|1.02 Miles Away

Chute Middle School

C
Public|Grades 6–8
1400 Oakton St|1.03 Miles Away

Pactt Learning Center

--
Private|Grades UG–UG
7101 N Greenview A...|1.14 Miles Away

Washington Elementary School

B-
Public|Grades KG–5
914 Ashland Ave|1.20 Miles Away

Northside Catholic Academy

--
Private|Grades PK–8
7318 N Oakley Ave|1.21 Miles Away

FIeld Middle School

D+
Public|Grades 4–8
7019 N Ashland Blv...|1.27 Miles Away

Chicago Math & Science Elementary Charter

A-
Public|Grades 6–12
7212 N Clark St|1.32 Miles Away

G. Armstrong Elementary School

A-
Public|Grades PK–8
2110 W Greenleaf A...|1.35 Miles Away

Beacon Academy

--
Private|Grades 9–12
1574 Sherman Ave|1.37 Miles Away

New Field Elementary School

C
Public|Grades KG–3
1707 W Morse Ave|1.41 Miles Away

Dawes Elementary School

B
Public|Grades KG–5
440 Dodge Ave|1.43 Miles Away

Rogers Elementary School

B-
Public|Grades PK–8
7345 N Washtenaw A...|1.52 Miles Away

Roycemore School

--
Private|Grades PK–12
1200 Davis St|1.55 Miles Away

Dewey Elementary School

A
Public|Grades KG–5
1551 Wesley Ave|1.56 Miles Away

Kilmer Elementary School

C
Public|Grades PK–8
6700 N Greenview A...|1.65 Miles Away

Sullivan High School

D
Public|Grades 9–12
6631 N Bosworth Av...|1.74 Miles Away

Eths Day School

--
Public|Grades 9–12
1233 Hartrey Ave|1.78 Miles Away

Evanston Township High School

A-
Public|Grades 9–12
1600 Dodge Ave|1.92 Miles Away

Transit

540 Michigan Avenue offers strong public transit access in , Evanston, with multiple transportation options located within a 2-mile radius. Nearby Bus allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

2310 W Oakton

1.7 miles away|33 min walk

2424 W Oakton

1.78 miles away|35 min walk

2444 W Touhy Ave

1.49 miles away|29 min walk

2477 W Touhy Ave

1.49 miles away|29 min walk

Asbury & Brummel

1.01 miles away|20 min walk

Asbury & Dobson

1.05 miles away|21 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

540 Michigan Avenue offers strong public transit access in , Evanston, with multiple transportation options located within a 2-mile radius. Nearby Bus allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

2310 W Oakton

1.7 miles away|33 min walk

2424 W Oakton

1.78 miles away|35 min walk

2444 W Touhy Ave

1.49 miles away|29 min walk

2477 W Touhy Ave

1.49 miles away|29 min walk

Asbury & Brummel

1.01 miles away|20 min walk

Asbury & Dobson

1.05 miles away|21 min walk

Asbury & Harvard Terrace

0.97 miles away|19 min walk

Asbury & Hull Terrace

0.93 miles away|18 min walk

Asbury & Kirk

0.93 miles away|18 min walk

Asbury & Mulford

0.95 miles away|19 min walk

Ashland & Farwell

1.48 miles away|29 min walk

Ashland & Morse

1.4 miles away|27 min walk

California & Birchwood

1.57 miles away|31 min walk

California & Chase

1.7 miles away|33 min walk

California/Dodge & Howard

1.51 miles away|30 min walk

California & Estes

1.86 miles away|36 min walk

California & Jarvis

1.63 miles away|32 min walk

California & Lunt

1.94 miles away|38 min walk

California & Touhy

1.78 miles away|35 min walk

Chicago Ave & Dempster St

0.99 miles away|20 min walk

Chicago Ave & Greenleaf St

0.76 miles away|15 min walk

Chicago Ave & Grove St

1.24 miles away|24 min walk

Chicago Ave & Hamilton St

0.87 miles away|17 min walk

Chicago Ave & Juneway Ter/ Mulford St

0.41 miles away|8 min walk

Chicago Ave & Kedzie St

0.43 miles away|9 min walk

Chicago Ave & Lake St

1.18 miles away|23 min walk

Chicago Ave & Madison St

0.43 miles away|9 min walk

Chicago Ave & Main St

0.53 miles away|11 min walk

Chicago Avenue & Church

1.42 miles away|28 min walk

Chicago Avenue & Davis

1.32 miles away|26 min walk

Chicago Avenue & Dempster (Purple Line)

1.02 miles away|20 min walk

Chicago Avenue & Greenleaf

0.78 miles away|15 min walk

Chicago Avenue & Greenwood

1.11 miles away|22 min walk

Chicago Avenue & Hamilton

0.9 miles away|18 min walk

Chicago Avenue & Kedzie

0.45 miles away|9 min walk

Chicago Avenue & Lake

1.19 miles away|23 min walk

Chicago Avenue & Main (Purple Line)

0.55 miles away|11 min walk

Chicago Avenue & South Blvd (Purple Line)

0.3 miles away|6 min walk

Chicago Ave & South Blvd

0.29 miles away|6 min walk

Chicago & Clark

1.52 miles away|30 min walk

Chicago & Juneway/Mulford

0.42 miles away|9 min walk

Chicago & Sheridan

1.61 miles away|31 min walk

Church & Asbury

1.69 miles away|33 min walk

Church & Benson

1.53 miles away|30 min walk

Church & Chicago Avenue

1.41 miles away|27 min walk

Church & Dodge

1.95 miles away|38 min walk

Church & Florence

1.83 miles away|36 min walk

Church & Maple

1.56 miles away|30 min walk

Church & Ridge

1.64 miles away|32 min walk

Church & Sherman

1.5 miles away|29 min walk

The Neighbourhood: 540 Michigan Avenue

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540 Michigan Avenue Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.57% are children aged 0–14, 18.7% are young adults between 15–29, 24.33% are adults aged 30–44, 21.29% are in the 45–59 range and 18.11% are seniors aged 60 and above. Commuting options are also varying where 50.32% of residents relying on driving, while others prefer public transit around 28.19%, walking around 3.58%, biking around 2.89%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 62.56% of units are rented and 37.44% are owner occupied. The neighborhood offers different household types. About 22.42% are single family homes and 4.84% are multi family units. Around 43.08% are single-person households, while 56.92% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.28% of residents have bachelor’s degrees. Around 17.39% have high school or college education. Another 5.79% hold diplomas while 25.17% have completed postgraduate studies. The remaining are 25.36% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.57% are children aged 0–14, 18.7% are young adults between 15–29, 24.33% are adults aged 30–44, 21.29% are in the 45–59 range and 18.11% are seniors aged 60 and above. Commuting options are also varying where 50.32% of residents relying on driving, while others prefer public transit around 28.19%, walking around 3.58%, biking around 2.89%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 62.56% of units are rented and 37.44% are owner occupied. The neighborhood offers different household types. About 22.42% are single family homes and 4.84% are multi family units. Around 43.08% are single-person households, while 56.92% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.28% of residents have bachelor’s degrees. Around 17.39% have high school or college education. Another 5.79% hold diplomas while 25.17% have completed postgraduate studies. The remaining are 25.36% with other types of qualifications.

Age Demographics

0–14 Years

17.57%

15–29 Years

18.7%

30–44 Years

24.33%

45–59 Years

21.29%

60+ Years

18.11%

Commute

28.19%

Transit

3.58%

Walk

50.32%

Drive

2.89%

Bike

Housing Ownership

37.44%

Owner Occupied

62.56%

Rental Units

Household Types

Single Family
22.42%
Multi Family
4.84%
Single Person
43.08%
Multi Person
56.92%

Average Income

Household:$6,695,911.64 /yr

Individual:$4,722,056.44 /yr

Education

Bachelors Degree26.28%
High School College17.39%
Diploma5.79%
Post Graduate25.17%
Others25.36%
Next

Education

Diploma5.79%
Post Graduate25.17%
Others25.36%
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  1. Home
  2. /Evanston, IL
  3. /
    540 Michigan Avenue
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