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Evanston Retail Intersection Location
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1600-1620 Sherman Avenue, Evanston, IL 60201

Located at Evanston's most desirable retail intersection.

Property SizeContact for details
Days on Market413

Property Features for 1600-1620 Sherman Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy · License #478004552
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Oct 26 Last Checked: Oct 28 at 7:04AM

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

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Investment Insights

Based on property information with market context.

Sherman Plaza is situated at Evanston's most desirable retail intersection, offering a strategic location for retail and other retail properties.

Key Highlights

  • Located at Evanston's most desirable retail intersection.
  • Sherman Plaza location.

Property Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail property - Located at Evanston's most desirable retail intersection.
Where is this retail property located?
The property is located at 1600-1620 Sherman Avenue Evanston, IL.
What are key features of this property?
This property features: Located at Evanston's most desirable retail intersection.; Sherman Plaza location.
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