1600 Sherman Ave Evanston, IL 60201
Sherman Plaza, located at 1600 Sherman Ave, Evanston, IL 60201, presents a unique opportunity for retail businesses seeking a prime location in Cook County. This multi-tenant property offers four available spaces ranging from 780 square feet to 3,350 square feet, catering to a variety of business needs and sizes. Situated at the highly desirable intersection of Sherman Avenue and Church Street, the property benefits from exceptional visibility and foot traffic. Its strategic location adjacent to the CTA Purple Line ensures convenient access for customers and employees, leveraging the line's impressive ridership of over 1.2 million passengers annually. Furthermore, its proximity to Northwestern University, just four blocks away, provides access to a large student and faculty population. The property also features the convenience of a public parking garage with direct interior access, enhancing the overall shopping experience. This exceptional location, combined with the flexible space options, makes Sherman Plaza an ideal investment for businesses seeking to establish or expand their presence in a thriving Evanston community.
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Essence Acupuncture Studio Medical Clinic Alternative Medicine Practice
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PRP BlossomFlow Medical Clinic
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Wrap Frappé Cafe & Coffee Shop
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Heavenston Kitchen Remodeling Experts Department Store
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Gearhead Outfitters | Evanston outdoor gear and apparel store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.