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Retail/Office Space Near Ryan Field
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1416-2529 Central St, Evanston, IL

Street-level retail/office space near Central Street METRA and Ryan Field.

Space Size734 SF - 940 SF
Lot Size0.35 Acres
Days on Market463

Property Features for 1416-2529 Central St

General Information

Standard status Active
Size 734 SF - 940 SF
Lot size 0.35 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 1416-2529 Central St Contact us

1416 Central St $15/SF/Yr

Floor
1
Size
787 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Street-level Retail/Office spaces ideally located on the Ground Floor and corner...
show more
Contact us

1418 Central St $15/SF/Yr

Floor
1
Size
940 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Street-level Retail/Office spaces ideally located on the Ground Floor and corner...
show more
Contact us

1422 Central St $15/SF/Yr

Floor
1
Size
734 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Street-level Retail/Office spaces ideally located on the Ground Floor and corner...
show more
Contact us

1424 Central St $15/SF/Yr

Floor
1
Size
900 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Street-level Retail/Office spaces ideally located on the Ground Floor and corner...
show more
Contact us
Listing Agency: InSite Commercial Realty
Listed By: Ross Goldstein · License #471017886
Source: Moodyscre
Added: May 20, 2025 Changed: Aug 9 Last Checked: Aug 25 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InSite Commercial Realty

Investment Insights

Based on property information with market context.

This street-level retail/office space is ideally located on the ground floor and corner of a 39-unit multi-family apartment building. The property is situated only 3 blocks from the Central Street METRA station. The new Ryan Field is slated for completion in the Summer of 2026. Any business operating from this location stands to benefit from the new stadium hosting Northwestern University football games, other collegiate sporting events, up to 6 concerts per year, and community-oriented events such as winter festivals, holiday celebrations, student movie nights, and intramural sports championships, as well as additional student community programming. The offering includes 4 adjacent spaces of between 700 and 950 square feet, which had been combined into one larger space, as was done for the previous tenant. The property size is 940 square feet.

Key Highlights

  • Prime location on the ground floor and corner of a 39‑unit apartment building.
  • Benefits from proximity to the new Ryan Field (completion Summer 2026) and associated events.
  • Located only 3 blocks from the Central Street METRA station.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Electrical Service Grocery & Convenience Store Accounting Firm (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,711
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 23% Electronics 7%
Chase Bank Shops & Services
6,908 visits/mo 0.4 miles
Dunkin' Donuts Dining
5,350 visits/mo 0.5 miles
FedEx Office Print & Ship Center Shops & Services
4,975 visits/mo 0.4 miles
MyEyeDr. Shops & Services
2,789 visits/mo 0.5 miles
Verizon Electronics
1,713 visits/mo 0.3 miles

Market

Lease Benchmarks for Evanston, IL

$29 /SF/Yr
Avg Asking Price
$23–$33 /SF/Yr
Price Range
5,841 SF
Avg Space Size

This space is priced 48% below the average of $29 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level retail/office space near Central Street METRA and Ryan Field.
Where is this retail space located?
The property is located at 1416-2529 Central St Evanston, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location on the ground floor and corner of a 39‑unit apartment building.; Benefits from proximity to the new Ryan Field (completion Summer 2026) and associated events.; Located only 3 blocks from the Central Street METRA station.
(312) 203-3199 Call to check price and availability
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