Building Details

Year Built 1990

Listing Agency: STRAUSS REALTY LTD d***@gmail.com Show Phone

Listed By: PATRICK DUFFY · License #475140988

Source: Corcoran

Added: Apr 23, 2024 Changed: Jul 6 Last Checked: Jul 30 at 8:19AM

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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 space is located in downtown Evanston, across from Whole Foods. Delivered as a vanilla box, the space is suitable for various businesses, including retail, office, or medical. It is positioned to serve both the residents of the building and the general public. The unit includes access to a small, 280-square-foot basement. Access to the rear of the unit is available through the lobby of The Merion, a senior living community.

Key Highlights

• Prime Downtown Evanston location.
• Located across from Whole Foods.
• Suitable for retail, office, or medical businesses.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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

Explore this area Business Placement

Demographics for 60201, IL

44,652

Population

18,890

Households

2.4

Avg Household Size

33

Median Age

74%

College-Educated

97%

High-School Grad

4.5 sq mi

ZIP Area

9,923

Density / Sq Mi

$92,101

Median Household Income

$42,412

Median Earnings

$1,792

Median Rent

$577,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Vanilla box space suitable for retail, office, or medical use.

Where is this retail space located?

The property is located at 1609 A Chicago Avenue 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 Evanston location.; Located across from Whole Foods.; Suitable for retail, office, or medical businesses.