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Evanston Office Space Available
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1560 Sherman Ave, Evanston, IL 60201

4,099 RSF office space for sublease in Evanston, IL.

Space SizeContact for details
Days on Market128

Property Features for 1560 Sherman Ave

General Information

Standard status Active
Class A
Property subtype office
Listing Agency: Chicago
Listed By: Chris Cummins · License #475130316
Source: Property.jll
Added: Apr 15 Changed: Aug 12 Last Checked: Aug 20 at 4:16AM

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 Chicago

Investment Insights

Based on property information with market context.

This 4,099 RSF office space is located on the 10th floor and available for sublease through July 2026. The property is situated in close proximity to public transportation, including CTA and Metra lines. On-site conferencing facilities are available. An attached parking garage provides convenient parking options. The office space offers views of downtown and Lake Michigan.

Key Highlights

  • Incredible views of downtown and Lake Michigan
  • Steps away from public transportation (CTA/METRA)
  • Sublease term thru July 2026

Property Analytics

Current Use

Yes ApplianceRepair Evanston, ... Home Appliance Store Healthy Smile Forum Dental Office National Merit Scholarship Charitable Organization ROTARY CLUB OF SAINT-DENIS ... Corporate Office Rotary District 6150 Association Or Organization

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Butcher 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

Location Intelligence

Trade Area within ½ mile

4,418
Businesses Nearby

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

Lease Benchmarks for Evanston, IL

$24.75 /SF/Yr
Avg Asking Price
$15–$33 /SF/Yr
Price Range
17,601 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - 4,099 RSF office space for sublease in Evanston, IL.
Where is this office units located?
The property is located at 1560 Sherman Ave Evanston, IL.
What are key features of this property?
This property features: Incredible views of downtown and Lake Michigan; Steps away from public transportation (CTA/METRA); Sublease term thru July 2026
More about this property
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