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Evanston Retail Space For Rent
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1611 Chicago Ave, Evanston, IL

Retail space in a dynamic downtown location near Northwestern University.

Space Size1,350 SF
Lot Size1.03 Acres
Days on Market1173

Property Features for 1611 Chicago Ave

General Information

Standard status Active
Size 1,350 SF
Lot size 1.03 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 1611 Chicago Ave Contact us

1611 Chicago Ave $28/SF/Yr

Floor
1
Size
1,350 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Across from whole foods - Located in the merion – a senior living community. -...
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Listing Agency: Strauss Realty, Ltd.
Listed By: Patrick Duffy · License #475140988
Source: Moodyscre
Added: Jun 20, 2023 Changed: Aug 8 Last Checked: Sep 4 at 3:38AM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

This 1350-square-foot retail space is situated in a dynamic downtown Evanston location, across from Whole Foods and within The Merion, a senior living community. The property benefits from its proximity to Northwestern University campus and the lakefront. A high volume of traffic, with 20,000 vehicles per day, travels along Chicago Avenue. Transportation is readily accessible, with steps to Davis Metra and Dempster L-stop. Co-tenants within The Merion include Tapas Barcelona, Edessa’s Hair Salon, 527 Café, uBreakiFix, and Picnic Restaurant. Nearby businesses include Giordano’s, Patisserie Coralie, AT&T, PNC Bank, Prairie Moon, Pet’s Coffee & Tea, and Shang Noodles & Chinese. Several hotels are also located nearby, including Holiday Inn, Graduate Evanston, Hyatt House, and Hilton Orrington.

Key Highlights

  • Prime downtown location with high foot and vehicle traffic (20,000 VPD).
  • Directly across from Whole Foods.
  • Immediate proximity to Northwestern University campus and the lakefront.

Property Analytics

Current Use

The Merion Retirement Community Evanston Property Management Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Butcher Cosmetic Store Tattoo & Piercing Shop

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,452
Businesses Nearby
131k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Groceries 21% Shops & Services 8% Hotels & Casinos 7%
Whole Foods Market Groceries
27,788 visits/mo 0.0 miles
Chili's Grill & Bar Dining
16,800 visits/mo 0.4 miles
Giordano's Dining
8,543 visits/mo 0.1 miles
Le Peep Dining
8,108 visits/mo 0.3 miles
Hilton Garden Inn Chicago North Shore/Evanston Hotels & Casinos
6,792 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail space in a dynamic downtown location near Northwestern University.
Where is this retail space located?
The property is located at 1611 Chicago Ave Evanston, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime downtown location with high foot and vehicle traffic (20,000 VPD).; Directly across from Whole Foods.; Immediate proximity to Northwestern University campus and the lakefront.
(773) 736-3600 Call to check price and availability
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