facebook
Traded Co logo
Submit
Daily limit: 0/10

Will Hunter & Evan Meador Of Continuum Capital Acquire Development Site In Evanston For $31.2M

Property Image
SOLD
$31,200,000

Illinois

See Similar Deals
Development Site145,000 SF
Sold 09/16/2025
the dealplayerscompscontact
Property Image
SOLD

Will Hunter & Evan Meador Of Continuum Capital Acquire Development Site In Evanston For $31.2M

900 Clark Street

See Similar Deals
Development Site145,000 SF
Sold 09/16/2025
Contact now

Summary

ILLINOIS
Asset Type:Development Site
Price Per Square Foot:$215
Total Square Footage:145,000 SF
Transaction Type:Sale

The property involved in this transaction is a development site located at 900 Clark Street in Evanston. It was purchased by Continuum Capital for a sale price of $31,200,000. The total square footage of the site is 145,000, resulting in a price per square foot of $215.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $31,200,000
  • Buyer: Will Hunter & Evan Meador - Continuum Capital
  • Seller: Mitch Goltz - GW Properties
  • Lender: Jeff Brown - T2 Capital
  • Square Footage: 145,000
  • Price Per Square Foot: $215

This transaction highlights the roles of key individuals and organizations involved. Will Hunter and Evan Meador represent Continuum Capital as the buyers, while Mitch Goltz represents GW Properties as the seller. Jeff Brown serves as the lender from T2 Capital, providing a $26.5 million loan to facilitate the acquisition, which supports a planned 27-story, 358-unit apartment redevelopment project pending city approval.

Players

7 deals$108.8M volume
SELLER

SELLER


Details

SOLD
IMAGE: Mitch Goltz & Jeff Brown DATE: 09/16/2025 ADDRESS: 900 Clark Street MARKET: Evanston ASSET TYPE: Development Site BUYER: Will Hunter & Evan Meador - Continuum Capital SELLER: Mitch Goltz - GW Properties LENDER: Jeff Brown - T2 Capital SALE PRICE: $31,200,000 SF: 145,000 ~ PPSF: $215 NOTE: Continuum Capital acquired the 145K-SF Church Street Plaza in downtown Evanston for $31.2M with a $26.5M loan from T2 Capital, planning a 27-story, 358-unit apartment redevelopment with Luxury Living. The $130M project, pending city approval, would include 72 affordable units and add momentum to Chicagoland’s shrinking multifamily pipeline.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,663,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$110,847.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$147,903.92
Annual Debt Service$1,774,847.01