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Retail Storefront at Transit Hub
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1600-1620 Sherman Ave, Evanston, IL 60201

Retail storefronts with access to a public parking garage and adjacency to the CTA Purple Line.

Space Size1,587 SF - 3,350 SF
Days on Market922

Property Features for 1600-1620 Sherman Ave

General Information

Standard status Active
Size 1,587 SF - 3,350 SF
Property subtype RETAIL

Amenities

public parking garage with direct interior access

Spaces For Lease

at 1600-1620 Sherman Ave Contact us

1600 - 1620 Sherman Ave AVAILABLE, Now

Floor 1
Size 1,587 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located at Evanston's most desirable retail intersection - Adjacent to the CTA Purple Line with over 1.2 million passengers per year - 4 blocks away from Northwestern University - Public parking garage with direct interior access
Contact us

1600 - 1620 Sherman Ave AVAILABLE, Now

Floor 1
Size 1,829 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located at Evanston's most desirable retail intersection - Adjacent to the CTA Purple Line with over 1.2 million passengers per year - 4 blocks away from Northwestern University - Public parking garage with direct interior access
Contact us

1600 - 1620 Sherman Ave AVAILABLE, Now

Floor 1
Size 3,350 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located at Evanston's most desirable retail intersection - Adjacent to the CTA Purple Line with over 1.2 million passengers per year - 4 blocks away from Northwestern University - Public parking garage with direct interior access
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy · License #478004552
Source: Moodyscre
Added: Apr 16, 2024 Changed: Oct 21 Last Checked: Oct 23 at 8:41AM

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 Mid-America Real Estate Group | Chicago

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Investment Insights

Based on property information with market context.

These retail storefronts are located at 1600–1620 Sherman Ave in Evanston. The property offers direct access from a public parking garage, supporting convenient customer arrivals.

The site is positioned at a highly trafficked retail intersection with adjacency to the CTA Purple Line and proximity to Northwestern University. Public parking is available through the nearby garage with interior access.

At approximately 780 square feet, the available space is sized for a focused retail concept that benefits from transit and nearby university draw.

Key Highlights

  • Retail storefronts at Evanston’s retail intersection with adjacency to the CTA Purple Line
  • Adjacent to CTA Purple Line service with over 1.2 million passengers per year
  • 4 blocks from Northwestern University

Property Analytics

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Open Analytics

Current Use

Sherman Plaza Business Service Center

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,578
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Groceries 21% Shops & Services 8% Hotels & Casinos 7%
Whole Foods Market Groceries
27,788 visits/mo 0.1 miles
Chili's Grill & Bar Dining
16,800 visits/mo 0.2 miles
Giordano's Dining
8,543 visits/mo 0.2 miles
Le Peep Dining
8,108 visits/mo 0.1 miles
Hilton Garden Inn Chicago North Shore/Evanston Hotels & Casinos
6,792 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Evanston, IL

$25.75 /SF/Yr
Avg Asking Price
$20–$33 /SF/Yr
Price Range
2,259 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail storefronts with access to a public parking garage and adjacency to the CTA Purple Line.
Where is this retail space located?
The property is located at 1600-1620 Sherman Ave Evanston, IL.
What are key features of this property?
This property features: Retail storefronts at Evanston’s retail intersection with adjacency to the CTA Purple Line; Adjacent to CTA Purple Line service with over 1.2 million passengers per year; 4 blocks from Northwestern University
(630) 954-7390 Call to check price and availability
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