Single-Tenant Office
1821 Benson Avenue Evanston, IL 60201
1821 Benson Avenue, Evanston, IL, 60201
$885,000
For Sale
$885,000
Single-tenant office investment with long-term tenant occupancy and a renewal extending through March 2030.
Days on Market49
Property Features for 1821 Benson Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing agency
@PROPERTIES COMMERCIAL
(312) 337-0200
Listed by
MICHAEL ROURKE · License #471016816
Source
Corcoran
Added: Jun 3 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 5:54AM
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 @PROPERTIES COMMERCIAL
Investment Insights
Based on property information with market context.
This is a single-tenant office investment property featuring an established operating setup at 1821 Benson Avenue. The offering is described as an “8 cap” credit investment, with rental income supported by an in-place tenant relationship.
The property is located in downtown Evanston, Illinois. The current tenant, @properties, has operated at this location since 2010 and has renewed the lease through March 2030, providing a clearly stated, long-term occupancy timeline for the buyer.
For buyers seeking a stabilized, single-tenant office asset, the key consideration here is the duration of the existing lease and the tenant’s demonstrated presence at the site since 2010. The renewal through March 2030 supports continuity of income, and the configuration as an office unit is aligned for organizations that value an established, tenant-specific workspace. This is best suited for investors and owner-users comfortable underwriting a credit-focused single-tenant office investment based on the documented lease term.
The property is located in downtown Evanston, Illinois. The current tenant, @properties, has operated at this location since 2010 and has renewed the lease through March 2030, providing a clearly stated, long-term occupancy timeline for the buyer.
For buyers seeking a stabilized, single-tenant office asset, the key consideration here is the duration of the existing lease and the tenant’s demonstrated presence at the site since 2010. The renewal through March 2030 supports continuity of income, and the configuration as an office unit is aligned for organizations that value an established, tenant-specific workspace. This is best suited for investors and owner-users comfortable underwriting a credit-focused single-tenant office investment based on the documented lease term.
Key Highlights
- Single‑tenant office investment building built in 2002
- Tenant has operated at the location since 2010
- Lease renewed through March 2030
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Office units - Single-tenant office investment with long-term tenant occupancy and a renewal extending through March 2030.
Where is this office units located?
The property is located at 1821 Benson Avenue Evanston, IL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Single‑tenant office investment building built in 2002; Tenant has operated at the location since 2010; Lease renewed through March 2030
