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    Evanston Commercial Space For Rent

    1560 Sherman Ave, Evanston, IL

    For Lease
    Contact for pricing

    Commercial space in Evanston with restaurant, auditorium, and parking.

    Space Size1,358 SF - 18,907 SF
    Lot Size0.10 Acres
    Days on Market1061

    Property Features for 1560 Sherman Ave

    General Information

    Standard status Active
    Size 1,358 SF - 18,907 SF
    Lot size 0.10 Acres
    Property subtype OFFICE

    Spaces For Lease

    at 1560 Sherman Ave Contact us

    1560 Sherman Ave $44 – $47/SF/Yr

    Floor 14
    Size 18,907 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, 30 Days
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. Food service, on-site property management, access to CTA and Metra, walkability to retail/services. - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $47/SF/Yr

    Floor 15
    Size 18,907 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, 30 Days
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. Food service, on-site property management, access to CTA and Metra, walkability to retail/services. - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 9
    Size 1,358 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, 30 Days
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 10
    Size 1,426 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, 30 Days
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. - Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 7
    Size 18,300 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, 30 Days
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. - Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $28/SF/Yr

    Floor 4
    Size 2,659 SF
    Type OFFICE
    Lease Type NNN
    Availability AVAILABLE, Now
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. Food service, on-site property management, access to CTA and Metra, walkability to retail/services. - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 6
    Size 18,300 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, Now
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. Food service, on-site property management, access to CTA and Metra, walkability to retail/services. - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 10
    Size 1,426 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, Now
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. - Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $45/SF/Yr

    Floor 12
    Size 5,269 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, Now
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. - Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us

    1560 Sherman Ave $44/SF/Yr

    Floor 9
    Size 1,703 SF
    Type OFFICE
    Lease Type MODIFIED_GROSS
    Availability AVAILABLE, Now
    Sublease No
    - Restaurant, Auditorium; Banking; Conferencing Facility. - Food service, on-site property management, access to CTA and Metra, walkability to retail/services - Steps away from public transportation (CTA/METRA) - Energy Star Labeled - Food Service - Conferencing Facility - Attached Parking Garage
    Contact us
    Show more
    Listing Agency: Cushman & Wakefield - Corporate
    Listed By: Steven Holmberg
    Source: Moodyscre
    Added: Dec 13, 2023 Changed: Aug 8 Last Checked: Oct 12 at 4:21PM

    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 Cushman & Wakefield - Corporate

    Rey
    Ask AI about this property
    Review the available facts, identify missing information and prepare questions for the agent.

    Investment Insights

    Based on property information with market context.

    This commercial space, located in Evanston, Illinois, offers 18,907 square feet suitable for a variety of uses, including restaurant, auditorium, and banking. The property features a conferencing facility, on-site property management, and an attached parking garage. It is Energy Star labeled and provides convenient access to both CTA and Metra public transportation, enhancing its walkability to nearby retail and service establishments. Food service is available within the building.

    Key Highlights

    • Steps away from public transportation (CTA/METRA)
    • Attached Parking Garage
    • Benefit from on‑site property management

    Property Analytics

    Who owns this building? See the owner, sales and loan history
    Open Analytics

    Current Use

    Yes ApplianceRepair Evanston, ... Home Appliance Store Healthy Smile Forum Dental Office National Merit Scholarship Charitable Organization ROTARY CLUB OF SAINT-DENIS ... Corporate Office Rotary District 6150 Association Or Organization

    Suggested Use

    Top Pick (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Butcher Tattoo & Piercing Shop Pet Grooming 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
    $4.20 /SF/Yr
    CAM

    Location Intelligence

    Trade Area within ½ mile

    4,418
    Businesses Nearby
    Explore this area Business Placement
    Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
    View Realmo Analytics

    Market

    Lease Benchmarks for Evanston, IL

    $23.91 /SF/Yr
    Avg Asking Price
    $14.5–$33 /SF/Yr
    Price Range
    14,028 SF
    Avg Space Size

    This space is priced 17% above the average of $23.91 /SF/Yr.

    Average Price Trend$/SF/Yr for Office Units in Evanston, IL

    $20.88 Jul
    $25.01 Aug
    $25.01 Sep
    $21.64 Oct

    Properties on Market for Office Units in Evanston

    Jul
    Aug
    Sep
    Oct

    Vacancy Rate% for Office in Midwest region

    13.7% 2019
    15.6% 2020
    17.1% 2021
    18.9% 2022
    21% 2023
    22% 2024
    21.3% 2025

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    Frequently Asked Questions

    What type of property is this?
    Office unit - Commercial space in Evanston with restaurant, auditorium, and parking.
    Where is this office unit located?
    The property is located at 1560 Sherman Ave Evanston, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Steps away from public transportation (CTA/METRA); Attached Parking Garage; Benefit from on‑site property management
    (312) 470-1895 · Office Call to check price and availability
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    Contact for Pricing
    Please call us for current price
    and status of this listing Steven Holmberg
    Steven Holmberg
    Steven Holmberg
    Steven Holmberg
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