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Second-Generation Medical Office
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516-530 Dempster St, Evanston, IL 60202

A 1,728 SF second-generation medical space with parking in Evanston, steps from Northwestern and Downtown access.

Property Size1,728 SF
Days on Market62

Property Features for 516-530 Dempster St

General Information

Standard status Active
Size 1,728 SF
Property subtype RETAIL
Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Hannah Perl
Source: Moodyscre
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 21 at 6:00AM

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.

This offering is a 1,728 SF, 2nd generation medical office space on the second level, designed for health-related users who need an established medical layout. The property also includes parking, which supports day-to-day patient and staff access.

The building is located on Dempster Street in Evanston. It is situated approximately one block from the Dempster CTA stop, reported at 147,158 riders per year, and it is within walking distance of Northwestern University and the Heart of Downtown Evanston.

For medical practices and related service providers seeking a second-generation setup, this space offers a practical option in a transit- and destination-adjacent area. The combination of nearby CTA access, proximity to Northwestern, and available parking can help support patient visits and employee commutes.

Key Highlights

  • 1,728 SF second‑generation medical space
  • Includes parking
  • Located one block from the Dempster CTA stop (147,158 riders per year)

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Butcher

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

4,528
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60202, IL

33,245
Population
15,024
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
10,724
Density / Sq Mi
$101,087
Median Household Income
$57,720
Median Earnings
$1,612
Median Rent
$381,300
Median Home Value

Market

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
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Similar Off Market Nearby

  • Evanston Animal Hospital — 516 Dempster St, Evanston, IL 60202
  • Katherine L. Bellamy, DVM — 1021 Davis St, Evanston, IL 60201
  • Ken Swiatkowski, DVM — 1021 Davis St, Evanston, IL 60201
  • Valerie L. Schoen, DVM — 1021 Davis St, Evanston, IL 60201
  • Russell David DVM — 1417 Lee St, Evanston, IL 60202

Frequently Asked Questions

What type of property is this?
Medical Office Space - A 1,728 SF second-generation medical space with parking in Evanston, steps from Northwestern and Downtown access.
Where is this medical office space located?
The property is located at 516-530 Dempster St Evanston, IL.
What are key features of this property?
This property features: 1,728 SF second‑generation medical space; Includes parking; Located one block from the Dempster CTA stop (147,158 riders per year)
(847) 849-1026 Call to check price and availability
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