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1563 Sherman Ave Evanston, IL 60201

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For Lease
$23 SF/Yr

Second-generation restaurant/retail space in downtown Evanston near Northwestern University.

Property Features for 1563 Sherman Ave

General Information

Standard status
Active

Building Details

Year built
1984

Source: SPERRY VAN NESS Agent WAYNE CAPLAN

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Evanston Restaurant/Retail Opportunity Near Northwestern

This 10,000 SF space in downtown Evanston, Illinois, presents an opportunity for restaurant or retail use, located steps from Northwestern University. The space, which has served Chicago's North Shore community as a restaurant for many years, includes a 7,500 SF restaurant space and a connected 2,500 SF bar/taproom. These spaces can be leased separately. Existing infrastructure includes a hood with black-iron venting, walk-in coolers and freezer, prep tables, and cooking appliances, as well as tables and chairs. The main restaurant space features a large center bar, while the smaller bar space is set up as a tap room. A full basement provides space for storage and back-of-house operations. The property also includes a parking lot adjacent to the property that can be used for valet on nights and weekends. The property could also be suitable for other uses including daycare, fitness, medical office and other retail and service uses. The property is available immediately and boasts long-term, stable ownership.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Evanston Partners, LLC Private Equity Firm Fabretto Children's Foundation Non-Profit Organization Glastris Antiques & Estates ... Antique Store

Suggested Use

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

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

Similar Places Nearby

Tastebuds Catering, GSK Catering, Falcon Eddy's Barbeque, Mt. Everest Restaurant, M J Catering & Events Inc

Location Insight

  • Map
  • Local Demand
City
Evanston
County
Cook
State
Illinois
Longitude
-87.6816301
Latitude
42.0459287

FAQs

What type of property is this?
Restaurant - Second-generation restaurant/retail space in downtown Evanston near Northwestern University.
Where is this restaurant located?
The property is located at 1563 Sherman Ave Evanston, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: - Prime downtown Evanston location, steps from Northwestern University.; - Existing fully functional restaurant space (7,500 SF) and connected bar/taproom (2,500 SF), spaces can be leased separately.; - Substantial existing restaurant infrastructure included (hood, black-iron venting, coolers, freezer, prep tables, cooking appliances, tables, chairs).
More about this property
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