Triple-Net Retail Investment with
For Sale
Contact for pricing
810-812 Grove Street, Evanston, IL 60201
Fully leased 8,042 SF NNN retail property occupied by Tian Bistro and Cupitol Coffee & Eatery.
Property Size8,042 SF
Days on Market28
Property Features for 810-812 Grove Street
General Information
Standard status
Active
Size
8,042 SF
Class
C
Property subtype
Retail - Freestanding
Zoning
D-2
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
8,042 SF
Year Built
1940
Year Renovated
2014
Units
2
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 542-9058
Listed By:
Matthew Tarshis · License #471022713
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 16
Last Checked: Aug 18 at 4:26AM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
810–812 Grove Street is a fully leased retail investment on the south side of Grove Street, just east of the signalized intersection of Grove Street and Sherman Avenue in Downtown Evanston. The property is occupied by Tian Bistro and Cupitol Coffee & Eatery under triple-net (NNN) leases.
The asset is within walking distance of the Davis and Dempster CTA Purple Line stations and the Davis Street Metra (Union Pacific North) station, and it is less than four miles east of Interstate-94. The surrounding area includes major retailers and dining options, with proximity to Northwestern University supporting year-round activity.
Zoned D-2 (Downtown Retail Core District), the building generates a current Net Operating Income (NOI) of $245,048 and is positioned for income-focused ownership given the existing leased configuration.
The asset is within walking distance of the Davis and Dempster CTA Purple Line stations and the Davis Street Metra (Union Pacific North) station, and it is less than four miles east of Interstate-94. The surrounding area includes major retailers and dining options, with proximity to Northwestern University supporting year-round activity.
Zoned D-2 (Downtown Retail Core District), the building generates a current Net Operating Income (NOI) of $245,048 and is positioned for income-focused ownership given the existing leased configuration.
Key Highlights
- 8,042 SF fully leased retail property on Grove Street in downtown Evanston
- Two established tenants: Tian Bistro and Cupitol Coffee & Eatery under triple‑net (NNN) leases
- Current Net Operating Income (NOI) of $245,048
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,418
Businesses Nearby
213k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Dining 34%
Shops & Services 5%
Hotels & Casinos 4%
Trader Joe's
Groceries
35,850 visits/mo
0.4 miles
Jewel-Osco
Groceries
32,560 visits/mo
0.4 miles
Whole Foods Market
Groceries
27,788 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
16,800 visits/mo
0.4 miles
Binny's Beverage Depot
Groceries
14,506 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully leased 8,042 SF NNN retail property occupied by Tian Bistro and Cupitol Coffee & Eatery.
Where is this conventional restaurant located?
The property is located at 810-812 Grove Street Evanston, IL.
What are key features of this property?
This property features: 8,042 SF fully leased retail property on Grove Street in downtown Evanston; Two established tenants: Tian Bistro and Cupitol Coffee & Eatery under triple‑net (NNN) leases; Current Net Operating Income (NOI) of $245,048
