Office Suite with
For Lease
$14.50 SF/Yr
1601 Simpson Street Unit 5, Evanston, IL 60201
Bright upper-level workspace includes a dedicated off-street parking space.
Space SizeContact for details
Days on Market413
Property Features for 1601 Simpson Street Unit 5
General Information
Standard status
Active
Total Parking Spaces
1
Property subtype
COMMERCIAL
Space & Availability
Floor
2
Space Use
Office
Amenities
balcony
Building Details
Year Built
1940
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 780-7952
Listed By:
Leah Erickson · License #475204597
(630) 844-2222
Source:
Purveyproperties
Added: Sep 16, 2025
Changed: Oct 30
Last Checked: Oct 30 at 3:41PM
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 Coldwell Banker Commercial Real Estate Group
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.
Located at 1601 Simpson Street, Unit 5 is an office suite on the building’s second floor, with natural light and a balcony at the Simpson and Ashland corner. The building dates to 1940.
One off-street parking space is included in the lot on the building’s north side. The property is in Evanston, Illinois.
One off-street parking space is included in the lot on the building’s north side. The property is in Evanston, Illinois.
Key Highlights
- Second‑floor office suite with natural light
- Balcony at the Simpson and Ashland corner
- One off‑street parking space included in the north‑side lot
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,359
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
$26.26 /SF/Yr
Avg Asking Price
$17.54–$33 /SF/Yr
Price Range
14,028 SF
Avg Space Size
This space is priced 45% below the average of $26.26 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Bright upper-level workspace includes a dedicated off-street parking space.
Where is this office unit located?
The property is located at 1601 Simpson Street Unit 5 Evanston, IL.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Second‑floor office suite with natural light; Balcony at the Simpson and Ashland corner; One off‑street parking space included in the north‑side lot
