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    1560 Sherman Ave Evanston, IL 60201

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    For Lease
    $44 SF/Yr

    Commercial space in Evanston with restaurant, auditorium, and parking.

    Property size:
    18,907 SF
    Lot size:
    0.10 Acres

    Property Features for 1560 Sherman Ave

    General Information

    Size
    18,907 SF
    Lot size
    0.10 Acres

    Source: Cushman & Wakefield - Corporate Agent Steven Holmberg

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

    Overview

    Evanston Commercial Space For Rent

    This commercial space, located in Evanston, Illinois, offers 18,907 square feet suitable for a variety of uses, including restaurant, auditorium, and banking. The property features a conferencing facility, on-site property management, and an attached parking garage. It is Energy Star labeled and provides convenient access to both CTA and Metra public transportation, enhancing its walkability to nearby retail and service establishments. Food service is available within the building.
    Insight Report Location Intelligence

    Current Use by Public Records

    Yes ApplianceRepair Evanston, ... Appliance Repair Service Healthy Smile Forum Dentist National Merit Scholarship Non-Profit Organization ROTARY CLUB OF SAINT-DENIS ... Corporate Office Rotary District 6150 Association Or Organization

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.6822744
    Latitude
    42.0458812

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    FAQs

    What type of property is this?
    Office space - Commercial space in Evanston with restaurant, auditorium, and parking.
    Where is this office space located?
    The property is located at 1560 Sherman Ave Evanston, IL.
    What is the lease rate?
    The lease rate is $44 SF/Yr.
    What are key features of this property?
    This property features: - Steps away from public transportation (CTA/METRA); - Attached Parking Garage; - Benefit from on-site property management
    (312) 470-1800
    Request Owner's contact information
    1560 Sherman Ave Evanston, IL 60201
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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
    1560 Sherman Ave Evanston, IL 60201
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