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Evanston, IL NNN Properties for Sale

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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
Updated: Sep 25, 2025
Evanston NNN Investment Opportunity

2454 Oakton Street, Evanston, IL 60202

$6,250,000
67,800 sqft
Strong national tenant: TOCA Football Training & Soccer Training Programs.
Favorable lease terms: Just under 9 years remaining with 2 five‑year renewal options.
Attractive cap rate: 7.25%.
Rent escalation: 3% per year.
Tenant backing: TOCA is backed by investors/founders such as Erik Anderson, former Topgolf Chairman.
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Two-Tenant Corporate Retail Center
Two-Tenant Corporate Retail Center

1901 Green Bay Road, Evanston, IL 60201

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Fully leased retail center occupied by two established corporate tenants in Evanston’s dense North Shore trade area.

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See hot listings in Evanston

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Two-Tenant NNN Retail Property
Two-Tenant NNN Retail Property

4817 W Irving Park Rd, Chicago, IL 60641

Contact for pricing
5,931 sqft

The 5,931-square-foot building is fully leased to two commercial tenants.

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Skokie Retail Property on Touhy
Skokie Retail Property on Touhy

5222 W Touhy Ave, Skokie, IL

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2,004 sqft 2.91 AC lot

NNN leased retail property in Skokie with high traffic.

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Vacant Auto Shop with Drive-In Doors
Vacant Auto Shop with Drive-In Doors

1123 W Catalpa Avenue, Chicago, IL 60640

Contact for pricing

Vacant automotive facility with central air, drive-in access, and commercial zoning in Chicago.

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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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Evanston, IL Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Evanston, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 75,842 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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