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Office Space With Attached Parking

1560 Sherman Ave, Evanston, IL 60201

For Lease
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Energy Star-labeled space supports office, conferencing, and food-service operations.

Space Size5,269 SF
Days on Market1037

Property Features for 1560 Sherman Ave

General Information

Standard status Active
Size 5,269 SF
Property subtype OFFICE
Lease Type Gross

Amenities

Food service
on-site property management
access to CTA and Metra
walkability to retail/services
Energy Star Labeled
Conferencing Facility
Attached Parking Garage

Spaces For Lease

at 1560 Sherman Ave
One Rotary Center AVAILABLE, Now
Floor 12
Size 5,269 SF
Type OFFICE
Lease Type GROSS
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
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Steven Holmberg
Source: Moodyscre
Added: Jan 9, 2024 Changed: Nov 3 Last Checked: Nov 10 at 7:24AM

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
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Investment Insights

Based on property information with market context.

The 5,269-square-foot office property at 1560 Sherman Ave in Evanston includes features identified for restaurant, auditorium, banking, food-service, and conferencing uses. The property is Energy Star labeled and includes on-site property management.

An attached parking garage serves the property. Access to CTA and Metra is provided, with the property described as walkable to nearby retail and services and steps from public transportation.

Key Highlights

  • 5,269‑square‑foot office property
  • Energy Star labeled
  • Restaurant, auditorium, banking, food‑service, and conferencing uses identified

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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,418
Businesses Nearby

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
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 88% 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

Frequently Asked Questions

What type of property is this?
Office unit - Energy Star-labeled space supports office, conferencing, and food-service operations.
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 $45 SF/Yr.
What are key features of this property?
This property features: 5,269‑square‑foot office property; Energy Star labeled; Restaurant, auditorium, banking, food‑service, and conferencing uses identified
(312) 470-1895 · Office Call to check price and availability
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