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Property profile & analytics
OFF-MARKET
Retail space

810 Grv St Evanston, IL 60201-4409

0.21 ac lot Built 1948
Entity Owned 3-yr Hold Free & Clear
Property ID
US28-1877077
Property summary
AI-generated overview

This 8,250 square foot multi-tenant retail building, located at 810 Grove Street in Evanston, Illinois, offers a 4,222 square foot turnkey restaurant space available for lease. Built in 1940, this Class C property boasts a highly desirable location in a bustling downtown area, just west of Sherman Avenue. The space features existing restaurant build-out, including black iron hook-up, minimizing upfront costs for a new tenant. Benefitting from significant foot traffic on Grove Street, the property enjoys exceptional visibility and accessibility. Its proximity to the Davis and Dempster Purple Line stations, as well as the Davis/Evanston Metra station, provides convenient access to Chicago. Furthermore, the building's location less than one mile southwest of Northwestern University's main campus and within a prime retail corridor, surrounded by numerous national retailers and restaurants (including Trader Joe's, Walgreens, Whole Foods, LA Fitness, and many others), ensures a strong customer base. Cook County location and 60201 zip code.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Lot 0.21 ac (8,960 SF)
APN 11-18-317-008
UPID US28-1877077
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
  • Flights & Bites Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
810 Grove LLC · 3 yrs held
810 Grove LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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