1739 Sherman Ave Evanston, IL 60201
This exceptional retail space, located at 1739 Sherman Avenue in Evanston, Illinois, 60201, presents a unique opportunity for businesses seeking a high-traffic location. The property is a multi-tenant retail building with 625 square feet currently vacant, offering immediate occupancy. Its prime location on Sherman Avenue places it within a thriving retail corridor, surrounded by established national brands including Target, Whole Foods, Chipotle, Starbucks, and Panera Bread. This ensures high visibility and significant foot traffic for potential tenants. The property benefits immensely from its proximity to Northwestern University, a major institution with a student and faculty population exceeding 30,000, providing a substantial and consistent customer base. The address is 1739 Sherman Ave, Evanston, IL 60201. The total space available is 625 square feet, ideal for a variety of retail uses. This location offers unparalleled access to a dense and affluent population, making it an attractive investment for businesses seeking strong growth potential. The property's strategic placement within this established retail hub guarantees maximum exposure and accessibility.
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.