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    1601 Simpson St, Unit 5 Evanston, IL 60201

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Evanston, IL

    Type:Office
    Days on Market:
    106
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 1601 Simpson St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Floors in Building
    1
    Building materials
    Brick

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2411 [email protected]

    Listing agent Leah Erickson (630) 844-2222

    Listing date Sep 24, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evanston Office Space For Rent

    This second-story office space is located in the Hill Art District. The office features abundant natural light and unique building attributes, including a balcony situated on the corner of Simpson & Ashland. One off-street parking space is included with the rental; it is located in the lot on the north side of the building. Ample street parking is available for customers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brella Productions Website Designer Kelley Management Consulting Business Management Consultant Powering Campaigns Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.6944196
    Latitude
    42.0558907

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    FAQs

    What type of property is this?
    Office space - Second story office space in the Hill Art District.
    Where is this office space located?
    The property is located at 1601 Simpson St, Unit 5 Evanston, IL.
    What are key features of this property?
    This property features: - Prime location in the Hill Art District.; - Abundant natural light throughout the office space.; - Includes one dedicated off-street parking space.
    (815) 553-2406
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Simpson St, Unit 5 Evanston, IL 60201
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