518 Davis St Evanston, IL 60201
This exceptional office space, located at 518 Davis Street in the heart of downtown Evanston, Illinois, offers a variety of suite sizes ranging from 600 to 1,327 square feet. The property is classified as a Class B building and features multiple tenancy options, making it suitable for a range of businesses. The building's convenient location places it within minutes of the Northwestern University campus, providing easy access for students, faculty, and staff. The address is a prime corner location at the intersection of Chicago Avenue and Davis Street. The property is currently offering free rent, a significant incentive for prospective tenants. A public parking garage is conveniently located next door, ensuring ample parking for employees and clients. The available space is suitable for various uses, including traditional office, executive office, coworking, and medical office spaces. This versatile property presents a unique opportunity for businesses seeking a well-situated and affordable office space in the vibrant downtown Evanston area. The property is available immediately. The building is in Cook County, Illinois, and the zip code is 60201.
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Laura Doyle, LCPC Psychotherapy Medical Clinic
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Voyage College Church - Evanston Church
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Tulloch Property Management Property Management Company
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Danielle Dragon Physician Medical Clinic
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The Couch Method Medical Clinic
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
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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.