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Class A Office Suite with Lake Views

500 Davis St, Evanston, IL 60201

For Lease
Contact for pricing

Class A lobby, elevators, and common areas with prominent Lake Michigan views and reserved parking options in a multi-level garage.

Space Size4,986 SF
Days on Market1380

Property Features for 500 Davis St

General Information

Standard status Active
Size 4,986 SF
Property subtype OFFICE
Lease Type NNN

Amenities

Spectacular lake Michigan views
On-site parking garage with reserved spaces
Class a finishes throughout lobby, elevators & common areas
On-site management
Boutique shopping
World class dining options
Quick service restaurants
CTA and Metra rail lines within walking distance
Northwestern university campus nearby
Bike racks on site
Fitness options just blocks away
Hyatt, Hilton and other lodging options within blocks

Spaces For Lease

at 500 Davis St
500 Davis Center $23.50/SF/Yr
Floor 8
Size 4,986 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Spectacular lake Michigan views - Four-story on site parking garage with reserved spaces available - Class a finishes throughout lobby, elevators & common areas - On-site management & engaged ownership - Boutique shopping - World class dining options along with quick service restaurants - CTA and Metra rail lines within walking distance - Northwestern university campus nearby - Bike racks on site and fitness options just blocks away - Hyatt, Hilton and other lodging options within blocks.
Contact us
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Jack Reardon · License IL #1234567890
Source: Moodyscre
Added: Feb 2, 2023 Changed: Nov 10 Last Checked: Nov 10 at 8:58AM

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 NAI Hiffman | Oakbrook Terrace

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Investment Insights

Based on property information with market context.

This class A office suite offers a polished arrival experience with Class A finishes throughout the lobby, elevators, and common areas. The building is complemented by an on-site, four-story parking garage with reserved spaces available, along with bike racks on site. On-site management and engaged ownership are in place to support day-to-day operations.

Convenient transit access is nearby, with CTA and Metra rail lines within walking distance, and the Northwestern University campus close by. The surrounding area also features boutique shopping and a mix of dining options, including both full-service and quick-service restaurants.

As a well-appointed office environment with dedicated parking and strong commuter convenience, the space is designed for tenants seeking a professional setting and dependable building services.

Key Highlights

  • Prominent Lake Michigan views
  • Class A finishes in the lobby, elevators, and common areas
  • Four‑story on‑site parking garage with reserved spaces available

Property Analytics

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

Current Use

Evanston Dental Associates, ... Dental Office Susan E Yount, ... Physician Lehtman Craig D ... Dental Office Dr. Michael R. ... Dental Office Evanston Dentist Group Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Electrical Service Food Market Auto Parts 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,265
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 2% below 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 - Class A lobby, elevators, and common areas with prominent Lake Michigan views and reserved parking options in a multi-level garage.
Where is this office unit located?
The property is located at 500 Davis St Evanston, IL.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Prominent Lake Michigan views; Class A finishes in the lobby, elevators, and common areas; Four‑story on‑site parking garage with reserved spaces available
(630) 693-0647 Call to check price and availability
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