Evanston, IL Commercial Real Estate for Sale

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24 properties

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Updated: Jul 23

C-2 Commercial Land Assemblage

2422 Dempster Street, Evanston, IL 60202

$1,250,000

0.25 AC lot

Approximately 11,000 SF of land (+/- 0.25 acre) across 3 parcels
Existing +/- 5,000 SF commercial building constructed in 1955
C‑2 (Commercial District) zoning
Development allowed up to 45 ft by right; up to 60 ft with Planned Development approval and a 2.0 FAR
Approximately 20 private, gated, owned on‑site parking spaces

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Updated: Jul 17

Church Building with Balcony

1332 Davis Street, Evanston, IL 60201

$1,750,000

0.15 AC lot

Sanctuary with balcony seating for approximately 200
Lower‑level fellowship hall with kitchen
Two offices and a nursery
0.15‑acre parcel with a backyard
Built in 1906; central air

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Retail Condo with Parking

2611 Prairie Avenue, Evanston, IL 60201

$250,000

Central air and tile flooring support a practical retail setting in Evanston’s business district.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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Brick Mixed-Use Building with Garages

1132 Florence Ave, Evanston, IL 60202

$1,225,000

6,068 sqft

Mixed-use configuration combines storefront office space, apartments, heated garages, and on-site vehicle parking.

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Contemporary Duplex with Patio

704 Florence Avenue, Evanston, IL 60202

$824,900

Contemporary brick duplex with a patio, fenced yard, and natural gas zoned forced-air heating served by public sewer.

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Renovated Corner Building in Evanston

2600 Gross Point Rd, Evanston, IL 60201

$599,000

4,888 sqft

Fully renovated commercial building with modern amenities and high visibility.

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Commercial Land with Existing Building

2422 Dempster St, Evanston, IL 60202

$1,250,000

5,000 sqft

C-2 zoning supports multiple commercial uses, with redevelopment parameters reaching 60 feet through Planned Development approval.

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Retail Development Site with Storefront

2958 Central St, Evanston, IL 60201

$450,000

495 sqft 0.10 AC lot

Commercial development parcel with an existing standalone storefront for immediate use or holding income.

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Retail Condo with Parking

2611 Prairie Ave, Evanston, IL 60201

$250,000

1,400 sqft

Retail condo in Evanston Business District with an included parking space and nearby street parking.

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Triple-Net Restaurant Retail Building

810-812 Grove Street, Evanston, IL 60201

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8,042 sqft

Fully leased retail property occupied by two restaurant and café tenants under triple-net leases.

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Flex Space with Drive-In Doors

3012 Central St, Evanston, IL 60201

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5,880 sqft

Retail-oriented commercial space with high ceilings, multiple vehicle-access doors, skylights, and parking at the front and rear.

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Evanston NNN Investment Opportunity

2454 Oakton Street, Evanston, IL 60202

$6,250,000

67,800 sqft

NNN single tenant sports facility investment opportunity in Evanston, Illinois.

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Downtown Office Building

500 Davis St, Evanston, IL 60201

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125,285 sqft

Multi-tenant office property in downtown Evanston, positioned for transit access to Metra and CTA rail lines.

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Compact Boba Tea Coffee Shop

618 1/2 Church St, Evanston, IL 60201

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500 sqft

Existing black iron supports a compact food-and-beverage operation in a student-oriented Evanston setting.

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Evanston TOD Development Site

609 Dempster Street, Evanston, IL 60201

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12,113 sqft 0.50 AC lot

Half-acre commercial land suitable for transit-oriented development.

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Evanston Retail Space Available

519 Main Street, Evanston, IL 60202

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2,300 sqft

Retail property available for lease in Evanston, Illinois.

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Evanston Office Building For Sale

820 Davis Street, Evanston, IL 60201

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85,895 sqft

Downtown Evanston office building with flexible floorplans and modern atmosphere.

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Hard Corner Development Site

2632 Gross Point Road, Evanston, IL 60201

$2,950,000

Hard stoplight corner development site with B1-A zoning, extensive frontage, and a building configured for food and dining operations.

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Two-Tenant Corporate Retail Center

1901 Green Bay Road, Evanston, IL 60201

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Fully leased retail center occupied by two established corporate tenants in Evanston’s dense North Shore trade area.

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Class A Office Building

500 Davis Street, Evanston, IL 60201

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For sale Class A office building totaling 125,285 square feet at 500 Davis St in Evanston.

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Retail Outparcel Land Opportunity

2400 W Howard St, Evanston, IL 60202

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0.18 AC lot

Multiple outparcels are available for development within a Target shopping center under specified use restrictions.

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Evanston Retail Intersection Location

1600-1620 Sherman Avenue |, Evanston, IL 60201

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Located at Evanston's most desirable retail intersection.

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Retail Development Outparcel Opportunity

NWC Howard Street & Sacramento Avenue, Evanston, IL 60202

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Retail development parcels anchored by strong national retailers.

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Retail Development Parcels Available

NWC Howard Street & Sacramento Avenue, Evanston, IL 60202

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Retail development parcels anchored by strong retailers.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Evanston, IL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Evanston, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Evanston, IL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 325,666 square feet of properties for sale, with an estimated market value of $17,048,900.

Sale prices for business properties in Evanston, IL start at $250,000, averaging $1,549,900, and reaching up to $6,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Evanston, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 81K

Population Growth (5Y) +5.3%

Median Household Income $99,828

College Educated 63.6%

High-Yield Neighborhoods for Investment

Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60201	$781.1K
60202	$1.9M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

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