Search
Retail Space with CTA Purple Line Access
For Lease
Contact for pricing

1600-1620 Sherman Ave, Evanston, IL 60201

Retail space adjacent to the CTA Purple Line, with a public parking garage offering direct interior access.

Space Size3,350 SF
Days on Market857

Property Features for 1600-1620 Sherman Ave

General Information

Standard status Active
Size 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

Floor
1
Size
3,350 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at Evanston's most desirable retail intersection - Adjacent to the CTA...
show more
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy
Source: Moodyscre
Added: Apr 16, 2024 Changed: Aug 8 Last Checked: Aug 20 at 12:25PM

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

Investment Insights

Based on property information with market context.

Retail space at 1600-1620 Sherman Ave in Evanston, IL 60201 totaling 3,350 SF.

The property is positioned at a top retail intersection and is adjacent to the CTA Purple Line with over 1.2 million passengers per year. It is also about four blocks from Northwestern University. A nearby public parking garage provides direct interior access, supporting convenient customer parking.

The space is well suited for retail tenants seeking transit adjacency and easy parking access in a high-activity area near a major university.

Key Highlights

  • 3,350 SF retail space at 1600‑1620 Sherman Ave
  • Adjacent to the CTA Purple Line with over 1.2 million passengers per year
  • About four blocks from Northwestern University

Property 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

Market

Lease Benchmarks for Evanston, IL

$26.6 /SF/Yr
Avg Asking Price
$17–$33 /SF/Yr
Price Range
5,841 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space adjacent to the CTA Purple Line, with a public parking garage offering direct interior access.
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: 3,350 SF retail space at 1600‑1620 Sherman Ave; Adjacent to the CTA Purple Line with over 1.2 million passengers per year; About four blocks from Northwestern University
(630) 954-7390 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message