Real estate sales in Evanston continued to surge in May, more than doubling their year ago level.
Revenue from the city’s 0.5 percent tax on property sales rose to $378,779, the highest one-month total since July 2011.
Real estate transfer tax revenue for the year so far now is 14 percent ahead of the citiy’s budget forecast, after lagging earlier because of slow sales in the first quarter.
The transfer tax numbers include large commercial properties as well as single-family homes, so they cna show big month-to-month swings if the relatively rare sale of a large commercial property happens in a given month.
Ten properties changed hands in Evanston for more than $1 million last month.
The storage warehouse at 2424 Oakton St. was sold for $8.3 million by Storage Partners of Evanston to CubeSmart, L.P.
A large vintage courtyard apartment building at 632 Hinman Ave. sold for $5 million and one at 905-915 Elmwood Ave. brought $4.7 million.
Retail space in the Church Street Station condo tower at 1642 Maple Ave. sold for $3.7 million.
And a row of storefronts at 839-847 Dodge Ave. changed hands for $1.3 million.
In addition, the following single family home sales topped the $1 million mark.
- 1745 Hinman Ave. sold for $2.25 million.
- A lakefront home at 2831-1/2 Sheridan Place sold for $2.11 million.
- 1145 Sheridan Road sold for $1.4 million.
- 2623 Lincoln St. sold for $1.205 million.
- 2133 Harrison St. sold for $1.165 million.