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    626 Grove St Evanston, IL 60201

    For Lease
    $12 SF/Yr

    Prime Evanston location, flexible office spaces.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This charming two-story building at 626 Grove Street in Evanston, Illinois, offers exceptional retail and office space. Two units are currently available, ranging from 1,200 to 2,000 square feet. The property's versatile design accommodates various business needs, including traditional office, executive suites, coworking spaces, medical offices, and creative office environments. Its prime location in the heart of Evanston provides unparalleled convenience and accessibility. The building is situated just a block from the CTA Purple Line's Davis Station and the Metra's Evanston – Davis Street Station, ensuring effortless commutes for employees and clients. Nearby amenities include numerous hotels, shops, and restaurants, creating a vibrant and convenient work environment. The property's proximity to Northwestern University further enhances its appeal, offering access to a large and diverse talent pool. With plenty of businesses within a three-mile radius, this location provides excellent networking opportunities and a strong sense of community. The building's design is adaptable to a variety of uses, making it an ideal choice for businesses seeking a flexible and well-located space. The property is zoned for retail and office use, offering multiple tenancy options. This is a rare opportunity to secure prime Evanston real estate with the added benefit of free rent. The zip code is 60201.

    Property Features for 626 Grove St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF

    Unit(s) available at that property

    Space
    626 Grove St.
    Size
    2,000 SF
    Rate per SF
    $25
    Space
    628 Grove St.
    Size
    1,200 SF
    Rate per SF
    $12

    HighLights

    • 2,000 SF retail space available for lease in downtown Evanston.
    • 1,000 SF office space available for lease in downtown Evanston.
    • Prime location steps from Northwestern University, serving nearly 22,000 students.
    Property Profile Location Intelligence

    Current Use by Public Records

    Prager Company Company Michelle Gossett Marriage Or Relationship Counselor Modiv Group Marketing Consultant Hansa Marketing Services Marketing Consultant MG CPA Group, ... Certified Public Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Cook
    State
    Illinois
    Longitude
    -87.6814859
    Latitude
    42.04516

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    FAQs

    What type of property is this?
    Office space - Prime Evanston location, flexible office spaces.
    Where is this office space located?
    The property is located at 626 Grove St Evanston, IL.
    What is the lease rate?
    The lease rate is $12-$25 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF retail space available for lease in downtown Evanston.; 1,000 SF office space available for lease in downtown Evanston.; Prime location steps from Northwestern University, serving nearly 22,000 students.
    Request Owner's contact information
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    Evanston, IL 60201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    626 Grove St Evanston, IL 60201
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