Evanston Office Space For
For Lease
$22.50 SF/Yr
1316-1322 Sherman Ave, Evanston, IL 60201
Two-story office building in downtown Evanston with renovated common areas.
Space Size425 SF
Property Size20,662 SF
Days on Market270
Property Features for 1316-1322 Sherman Ave
General Information
Standard status
Active
Size
425 SF
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
20,662 SF
Spaces For Lease
at 1316-1322 Sherman Ave Contact us- Size
- 425 SF
- Type
- Executive Suites
- Term
- Negotiable
1316 Unit 208 $22.50/SF/Yr
Listing Agency:
(630) 330-3352
Listed By:
Karen Kulczycki, CCIM, SIOR · License #IL #471020279
(630) 330-3352
Source:
Svnchicago
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 17 at 4:03AM
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 Karen Kulczycki, CCIM, SIOR
Investment Insights
Based on property information with market context.
Located in downtown Evanston, Illinois, 1316-1322 Sherman Avenue is a two-story office building. The multi-tenant professional building offers office spaces for rent, including a ±425 SF open-concept second-floor office and a ±2,240 SF ground-floor office with a private entry. The common areas have been newly renovated. Exterior signage is available. The location is steps away from the CTA Purple Line and Metra trains. Rent includes water and heat. The tenant is responsible for separately metered utilities. Evanston, situated on the North Shore along Lake Michigan in Cook County, Illinois, is approximately 12 miles north of Chicago. It has approximately 75,000 residents and is home to Northwestern University and less than 5 miles to I-94 or DuSable Lake Shore Drive. The property size is 20,662 square feet.
Key Highlights
- Prime downtown Evanston location, steps from CTA Purple Line and Metra trains.
- Two office space options: ±425 SF open‑concept second floor or ±2,240 SF ground floor with private entry.
- Newly renovated common areas.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.38 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,282
Businesses Nearby
Explore this area
Business Placement
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
$24.75 /SF/Yr
Avg Asking Price
$15–$33 /SF/Yr
Price Range
14,617 SF
Avg Space Size
This space is priced 9% below the average of $24.75 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-story office building in downtown Evanston with renovated common areas.
Where is this office units located?
The property is located at 1316-1322 Sherman Ave Evanston, IL.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Prime downtown Evanston location, steps from CTA Purple Line and Metra trains.; Two office space options: **±425 SF open‑concept second floor or ±2,240 SF ground floor with private entry.**; Newly renovated common areas.
