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Property profile & analytics
OFF-MARKET
Office Spaces

518 Davis St Evanston, IL 60201

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Laura Doyle, LCPC Psychotherapy Medical Clinic
  • Voyage College Church - Evanston Church
  • Tulloch Property Management Property Management Company
  • Danielle Dragon Physician Medical Clinic
  • The Couch Method Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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