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1416-22 Central Street, Evanston, IL 60201

Four high-visibility street-level office and/or retail spaces are available and can be combined for flexible layouts.

Space Size734 SF - 940 SF
Property Size36,000 SF
Days on Market188

Property Features for 1416-22 Central Street

General Information

Standard status Active
Size 734 SF - 940 SF
Property subtype Street Retail
Zoning R5 with oCSC Overlay

Additional Details

Multifamily Units 39

Building Details

Building Size 36,000 SF

Spaces For Lease

at 1416-22 Central Street Contact us

1416 Central Street

Size
787 SF
Lease Type
Modified Gross
Contact us

1418 Central Street

Size
940 SF
Lease Type
Modified Gross
Contact us

1422 Central Street

Size
734 SF
Lease Type
Modified Gross
Contact us

1424 Central Street

Size
900 SF
Lease Type
Modified Gross
Contact us
Listing Agency: InSite Commercial Realty
Listed By: Ross Goldstein · License #471017886
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 25 Last Checked: Aug 25 at 4:51AM

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.

1416–22 Central Street offers four high-visibility, street-level spaces designed for office and/or retail use, located on the ground floor and at the corner of a 39-unit multi-family apartment building. The suites are offered in a landlord “vanilla box” condition, with the ability to customize the buildout to tenant needs. The spaces have been combined previously, and access between the units is available for flexible occupancy.

The property is located in Evanston across the street from the new Ryan Field, which is scheduled to be completed in Summer 2026. The remarks also note the development’s anticipated schedule of NU Football games and other community and collegiate events.

All four adjacent suites range between approximately 700 and 950 square feet, providing options for single-suite use or combined space planning. The property is zoned R5 with an oCSC overlay for a variety of commercial purposes.

Key Highlights

  • 4 high‑visibility street‑level office and/or retail spaces at 1416‑22 Central Street in Evanston
  • Spaces total 750‑950 SF per unit and can be combined, with access between spaces for flexible layouts
  • Ground‑floor, corner location on a 39‑unit multi‑family apartment building

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

39
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,711
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

$29 /SF/Yr
Avg Asking Price
$23–$33 /SF/Yr
Price Range
5,841 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?
Retail space - Four high-visibility street-level office and/or retail spaces are available and can be combined for flexible layouts.
Where is this retail space located?
The property is located at 1416-22 Central Street Evanston, IL.
What are key features of this property?
This property features: 4 high‑visibility street‑level office and/or retail spaces at 1416‑22 Central Street in Evanston; Spaces total 750‑950 SF per unit and can be combined, with access between spaces for flexible layouts; Ground‑floor, corner location on a 39‑unit multi‑family apartment building
More about this property
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