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    Evanston, IL
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    Evanston, IL NNN Properties for Sale

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    Triple-Net Retail Investment with Restaurants
    Updated: Jul 26
    Triple-Net Retail Investment with Restaurants

    810-812 Grove Street, Evanston, IL 60201

    Contact for pricing
    8,042 sqft
    8,042 SF fully leased retail property on Grove Street in downtown Evanston
    Two established tenants: Tian Bistro and Cupitol Coffee & Eatery under triple‑net (NNN) leases
    Current Net Operating Income (NOI) of $245,048
    Zoned D‑2 (Downtown Retail Core District)
    Year‑round demand drivers nearby, including Northwestern University’s ~23,000 students, faculty, and staff
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    Triple-Net Restaurant Retail Building
    Updated: Jul 8
    Triple-Net Restaurant Retail Building

    810-812 Grove Street, Evanston, IL 60201

    Contact for pricing
    8,042 sqft
    8,042 SF fully leased retail property at 810–812 Grove Street in downtown Evanston
    100% NNN leased to two established restaurant and café operators: Tian Bistro and Cupitol Coffee & Eatery
    Current net operating income (NOI) of $245,048
    Zoned D‑2 (Downtown Retail Core District)
    Submerged in a downtown retail corridor with nearby retailers including Trader Joe’s, Walgreens, Whole Foods, and Panera Bread
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    Evanston NNN Investment Opportunity
    Evanston NNN Investment Opportunity

    2454 Oakton Street, Evanston, IL 60202

    $6,250,000
    67,800 sqft

    NNN single tenant sports facility investment opportunity in Evanston, Illinois.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Single-Tenant Net-Lease School Property
    Single-Tenant Net-Lease School Property

    1012 Davis St, Evanston, IL 60201

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    Substantially renovated in 2021 and leased on a long-term basis to Guidepost Montessori, with landlord responsibility for roof and structure.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Auto Repair Service Center
    Auto Repair Service Center

    7501 North Western Avenue, Chicago, IL 60645

    Contact for pricing
    4,600 sqft

    Single-tenant Midas service center on a Western Avenue retail corridor with an existing absolute triple-net lease.

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    Skokie Retail Property on Touhy
    Skokie Retail Property on Touhy

    5222 W Touhy Ave, Skokie, IL

    Contact for pricing
    2,004 sqft 2.91 AC lot

    NNN leased retail property in Skokie with high traffic.

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    Skokie NNN Investment Property
    Skokie NNN Investment Property

    5834 Howard Street, Skokie, IL 60077

    $875,000

    NNN investment property in Skokie, Illinois, perfect for 1031 exchange.

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    Specialty NNN Investment Property
    Specialty NNN Investment Property

    6414 S Western Ave, Chicago, IL 60636

    Contact for pricing

    For sale absolute NNN specialty property with a stated 6.50% cap and 2025 increase to a 7.15% cap.

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    Evanston, IL Nnn Properties Market Trends and Statistics

    Explore 4 nnn properties for sale in Evanston, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 83,884 square feet of properties for sale, with an estimated market value of $6,250,000.

    Sale prices for triple net lease properties in Evanston, IL average $6,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 81K
    Population Growth (5Y) +5.3%
    Median Household Income $99,828
    College Educated 63.6%

    High-Yield Neighborhoods for Investment

    Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60202 $6.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Evanston fall within the 25,000 to 50,000 square foot range.

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