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Retail Space Near Transit
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1590 Elmwood Ave, Evanston, IL 60201

Retail premises with nearby Metra and CTA service plus free rear parking.

Space Size1,544 SF
Days on Market5

Property Features for 1590 Elmwood Ave

General Information

Standard status Active
Size 1,544 SF
Total Parking Spaces 9
Property subtype RETAIL

Additional Details

Space Use Office
Public Transit Yes

Spaces For Lease

at 1590 Elmwood Ave Contact us

1590 Elmwood Ave

Floor
1
Size
1,544 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ideal for Retail, Office, Medical, or cafe - Home to 101 residential units. The...
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Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Chelsea Henderson
Source: Moodyscre
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 13 at 1:06PM

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 Metro Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

The Scholar offers 1,544 SF of retail space at 1590 Elmwood Ave in Evanston, with a configuration suited to a commercial storefront or service-oriented occupancy. The property is home to 101 residential units, creating an integrated residential setting within the building.

Transit access is a key feature, with the Metra Davis stop and CTA Purple Line David stop located one block away. Nine free parking stalls are positioned at the rear of the building. The surrounding Evanston office market includes 3.6M SF of office space, adding a substantial employment component to the local commercial context.

Key Highlights

  • 1,544 SF of retail space at 1590 Elmwood Ave, Evanston, IL 60201
  • One block from the Metra Davis stop and CTA Purple Line David stop
  • 9 free parking stalls located at the rear of the building

Property Analytics

Current Use

The Scholar Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Tattoo & Piercing Shop Butcher 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

Location Intelligence

Trade Area within ½ mile

4,497
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

Market

Lease Benchmarks for Evanston, IL

$25.17 /SF/Yr
Avg Asking Price
$17–$33 /SF/Yr
Price Range
6,067 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises with nearby Metra and CTA service plus free rear parking.
Where is this retail space located?
The property is located at 1590 Elmwood Ave Evanston, IL.
What are key features of this property?
This property features: 1,544 SF of retail space at 1590 Elmwood Ave, Evanston, IL 60201; One block from the Metra Davis stop and CTA Purple Line David stop; 9 free parking stalls located at the rear of the building
(847) 337-5287 Call to check price and availability
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