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Evanston IL Soars Economically in 2013

By
Real Estate Agent with Coldwell Banker 475.140531

Evanston Illinois had a fantastic year all the way around in 2013. Evanston is zip codes 60201, 60202, and 60203. 2014 is really looking up as many new restaurants, stores and condo developments have been planned or are in progress. eVANSTON il mAP FULL

The City of Evanston reported that 72 businesses opened in 2013 and that added a total of 210 full time jobs and 246 part time jobs. Great news for locals. These new businesses included 22 retail, 13 restaurants and 7 work out or fitness related establishments. We got one new gas station, a brewery, multiple food and grocery stores and one photography studio with extra offices.

The city of Evanston IL logged about $30,000,000 in commercial buildings. Among the top buildings permits were given to Walgreens ($6.3 million), Trader Joe’s ($2.3 million), Erie Family Health Center ($2.4 million), Evanston Hospital ($1.4 million) and Davita Dialysis ($1.1 million).

Northwestern University started building the Bienen School of Music and is also building a visitors center and Sailing School and that construction is values at over $188,000,000. Good news all around.

At the end of 2013 the vacancy rates were only 4.9% for offices and 11.8% for retail, 4.3% for industry. This number is shrinking in 2014. Our unemployment rate dropped from 7.4% to 6.3% and continues to go down.

If you are interested to take a look at Evanston then click the Evanston Real Estate link.

A great place to live and work and if you want more information you can always count on contacting Coldwell Banker Evanston for help.

Understanding you Expectations and Exceeding them

Coldwell Banker Residential Real Estate

1 (800) 858-7917

Email contact

Evanston-January-2014

Comments (13)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning, Noah -- I like how you highlight the positive business aspect in the city of Evanston --- great attitude and such an important aspect of life in a community. I like this post a lot.  

Feb 25, 2014 11:03 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Why thank you Michael, that is so nice of you to say that.

Feb 25, 2014 11:04 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Noah:  Evanston is certainly lucky to have you as its number one "cheerleader".  You always do such a great job of informing and educating as to the quality of life and services available in your city ...

Gene

Feb 25, 2014 11:31 PM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Noah, great job of presenting the favorable aspects of the area. Buyers moving into the community will be made aware of more than a nice house for sale. 

Buyers should seek you as their knowledgeable agent.

Feb 25, 2014 11:40 PM
Roy Kelley
Retired - Gaithersburg, MD

You Evanston reports are great for families that are moving to the area.

I hope you are having a most productive month.

Feb 25, 2014 11:41 PM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Noah, Evanston IL has so much to offer to it's current and future residents. You've done a great job providing all the reasons why Evanston IL is a great place to live.

Feb 26, 2014 12:14 AM
Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

Noah you always do a great job of pointing out all the reasons folks should consider Evanston when considering a move... Very informative and very positive!

Feb 26, 2014 01:42 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Noah,

How wonderful that Northwestern is building a music school...they are already known for their arts and this is a wonderful expansion.  Glad to hear that your economy is turning around, we are noticing signs here also.  A

Feb 26, 2014 01:59 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Noah, You sure know Evanston and show you embrace the town as well. Buyers will know you are the expert to call for their Evanston home purchase. 

Feb 26, 2014 02:27 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

That is a wonderful report on Evanston, IL. I love to hear about all the new businesses opening and there is a wide variety of them. Evanston, IL sounds like a wonderful place to call home. 

Feb 26, 2014 05:18 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Noah, this is great news for Evanston!  An economic upswing makes a community a desirable place to work and live!

Feb 26, 2014 09:23 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thanks for all the great comments my friends.

Feb 26, 2014 12:17 PM
Eric Crane -- Your Full Service, Discount Fee Realtor®
DPR Realty LLC - Gilbert, AZ
Greater Metro Phoenix Arizona

always nice to be selling real estate into an improving local economy -- job growth, wage growth, migration, etc. 

Feb 26, 2014 01:42 PM