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Retail Space with On-Site Parking
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847-851 Chicago Ave, Evanston, IL 60202

Retail space at the base of a luxury apartment building with on-site parking and steps to public transit.

Property Size2,068 SF
Days on Market951

Property Features for 847-851 Chicago Ave

General Information

Standard status Active
Size 2,068 SF
Property subtype RETAIL

Additional Details

Space Use Retail

Amenities

on site parking
over 50 feet of frontage
Listing Agency: JLL - Corporate
Listed By: Steve Schwartz · License #471012782
Source: Moodyscre
Added: Dec 22, 2023 Changed: Jul 30 Last Checked: Jul 30 at 3:45AM

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 JLL - Corporate

Investment Insights

Based on property information with market context.

Prime Evanston retail is positioned at the base of a 112 luxury apartment building, offering a storefront location with on-site parking. The space sits at the Chicago and Main intersection and is surrounded by local shopping, grocers, and acclaimed restaurants.

Transit access is a key feature: the property is steps away from both the Main Street Metra station and the Purple Line CTA station, supporting convenient trips for residents, commuters, and the surrounding Northwestern University student population of over 20,000. With over 50 feet of frontage and a total size of 2,068 square feet, the layout is well-suited for a tenant seeking street-level visibility in a high-demand north shore market.

The combination of frontage, parking, and transit proximity provides practical access for customer traffic while benefiting from the steady flow of residents and students in the immediate area.

Key Highlights

  • 2,068 SF retail space
  • Located at the base of a 112 luxury apartment building
  • Over 50 feet of frontage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Electrical Service

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

2,010
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 91% Shops & Services 6% Beauty & Spa 3%
Trader Joe's Groceries
35,850 visits/mo 0.5 miles
Jewel-Osco Groceries
32,560 visits/mo 0.5 miles
Binny's Beverage Depot Groceries
14,506 visits/mo 0.4 miles
Shell Shops & Services
3,587 visits/mo 0.5 miles
Avis Budget Car Rental Shops & Services
1,510 visits/mo 0.0 miles

Demographics for 60202, IL

33,245
Population
15,024
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
10,724
Density / Sq Mi
$101,087
Median Household Income
$57,720
Median Earnings
$1,612
Median Rent
$381,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail space at the base of a luxury apartment building with on-site parking and steps to public transit.
Where is this retail space located?
The property is located at 847-851 Chicago Ave Evanston, IL.
What are key features of this property?
This property features: 2,068 SF retail space; Located at the base of a 112 luxury apartment building; Over 50 feet of frontage
(312) 228-2157 Call to check price and availability
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