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    Evanston, IL
    Conventional Restaurant

    Evanston, IL Conventional Restaurants for Sale

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    Triple-Net Restaurant Retail Building
    Updated: Jul 8
    Triple-Net Restaurant Retail Building

    810-812 Grove Street, Evanston, IL 60201

    Contact for pricing
    8,042 sqft
    8,042 SF fully leased retail property at 810–812 Grove Street in downtown Evanston
    100% NNN leased to two established restaurant and café operators: Tian Bistro and Cupitol Coffee & Eatery
    Current net operating income (NOI) of $245,048
    Zoned D‑2 (Downtown Retail Core District)
    Submerged in a downtown retail corridor with nearby retailers including Trader Joe’s, Walgreens, Whole Foods, and Panera Bread
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    Compact Boba Tea Coffee Shop
    Updated: Feb 20
    Compact Boba Tea Coffee Shop

    618 1/2 Church St, Evanston, IL 60201

    Contact for pricing
    500 sqft
    500 SF coffee shop and boba tea business
    Black iron already installed
    Located at 618 1/2 Church St, Evanston, IL 60201
    Surrounded by residential density and student traffic
    Sold As Is
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    Hard Corner Development Site
    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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    See what stands out in Cook County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Two-Story Restaurant with Rooftop Bar
    Two-Story Restaurant with Rooftop Bar

    711 Howard St., Evanston, IL 60202

    Contact for pricing

    Fully equipped restaurant venue with private patio, rooftop bar, and flexible occupancy options.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Strip Mall
    6-Unit Strip Mall

    3718-3724 Dempster St, Skokie, IL 60076

    $799,000
    7,547 sqft

    Multi-tenant retail property with available space, interstate connectivity, and an adjacent public parking lot.

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    Six-Unit Retail Plaza
    Six-Unit Retail Plaza

    3718-3724 Dempster Street, Skokie, IL 60076

    $799,000
    0.27 AC lot

    Multi-tenant retail property with available space, central air, and access to public parking.

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    Multi-Section Restaurant Property
    Multi-Section Restaurant Property

    2723 W Howard Avenue, Chicago, IL 60645

    $1,199,000
    0.41 AC lot

    Includes patio space, dedicated parking areas, and a leased restaurant component.

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    Afghan Restaurant with Walk-In Refrigerator
    Afghan Restaurant with Walk-In Refrigerator

    2948 W Devon Avenue, Chicago, IL 60659

    Contact for pricing

    Afghan restaurant on W Devon Avenue with dedicated rear parking and a large walk-in refrigerator/storage area.

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    Evanston, IL Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Evanston, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,542 square feet of properties for sale, with an estimated market value of $2,950,000.

    Sale prices for conventional restaurants in Evanston, IL average $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 6
    Coffee shops 3
    Bars & Pubs 2

    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 $3M

    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 2,500 to 5,000 square foot range.

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