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    Evanston, IL
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    Evanston, IL Retail Properties & Spaces for Sale

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    Retail Space Near Stadium
    Updated: May 11
    Retail Space Near Stadium

    2611 Prairie Avenue, Evanston, IL 60201

    $250,000
    1,400 sqft
    1,400 SF retail condominium
    One bathroom and one included parking space
    Additional street parking available nearby
    Built in 2008
    Located at 2611 Prairie Avenue in Evanston
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2611 Prairie Avenue, Evanston, IL 60201

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $278K
      Above asking

    • Property Type

      Retail Stores
      Built 2005
    View Property Analytics
    Commercial Redevelopment Site with Parking
    Updated: Jul 23
    Commercial Redevelopment Site with Parking

    2422 Dempster Street, Evanston, IL 60202

    $1,250,000
    0.25 AC lot
    3‑parcel assemblage on Dempster Street in Evanston totaling about 0.25 acre (+/-) and approximately 11,000 SF of land
    Includes +/-5,000 SF brick commercial building built in 1955 with central air and a membrane roof
    C‑2 Commercial District zoning with redevelopment up to 45 ft by right, or up to 60 ft with a 2.0 FAR and Planned Development approval
    Approximately +/-20 private, gated, owned on‑site parking spaces included with the assemblage
    Building shares a party wall on the west side adjoining the Kabul House building
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    Retail Condo with Central Air
    Retail Condo with Central Air

    2611 Prairie Avenue, Evanston, IL 60201

    $250,000

    Retail condo with tile flooring, central air, and on-site parking.

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    Retail Development Site with Storefront
    Retail Development Site with Storefront

    2958 Central Street, Evanston, IL 60201

    $450,000
    495 sqft 0.10 AC lot

    Commercial development parcel with an existing standalone storefront for immediate use or holding income.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Redevelopment Retail Land Assemblage
    Redevelopment Retail Land Assemblage

    2422 Dempster Street, Evanston, IL 60202

    $1,250,000

    Three-parcel assemblage includes a commercial building, owned gated parking, and C-2 zoning for redevelopment.

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    Retail Condo on Benson Avenue
    Retail Condo on Benson Avenue

    1831 Benson Ave, Evanston, IL 60201

    Contact for pricing
    583 sqft

    Commercial retail condo space for sale, 583 sq ft.

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    Evanston Free-Standing Building For Sale
    Evanston Free-Standing Building For Sale

    1723 Simpson Streets, Evanston, IL 60201

    $485,000

    Free-standing building with long-term lease in place.

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    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    821 Howard St, Evanston, IL 60202

    Contact for pricing
    5,000 sqft

    Mixed-use building with commercial space and four residential units above, each with its own entrance.

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    Evanston Retail Intersection Location
    Evanston Retail Intersection Location

    1600-1620 Sherman Avenue |, Evanston, IL 60201

    Contact for pricing

    Located at Evanston's most desirable retail intersection.

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    Fully Leased Retail Building
    Fully Leased Retail Building

    607-609 Howard St, Evanston, IL 60202

    Contact for pricing

    Retail building is fully leased and includes a roof replacement completed in 2019.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Evanston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Auto Repair Service Center
    Auto Repair Service Center

    7501 North Western Avenue, Chicago, IL 60645

    Contact for pricing
    4,600 sqft

    Single-tenant Midas service center on a Western Avenue retail corridor with an existing absolute triple-net lease.

    View details
    Three-Store Shopping Center
    Three-Store Shopping Center

    3406 MAIN Street, Skokie, IL 60076

    $429,000
    0.14 AC lot

    Commercially zoned retail property with central air and on-site parking.

    View details
    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    3510-3528 Dempster Street, Skokie, IL 60076

    Contact for pricing

    Retail building offering approximately 9,000 square feet for sale.

    View details
    Freestanding Bank Building with Drive-Thru
    Freestanding Bank Building with Drive-Thru

    2209 W Howard Street, Chicago, IL 60645

    Contact for pricing

    Freestanding former bank with in-place drive-thru and monument signage on a signalized hard corner with approximately 16,500 VPD exposure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Evanston TOD Development Site
    Evanston TOD Development Site

    609 Dempster Street, Evanston, IL 60201

    Contact for pricing
    12,113 sqft 0.50 AC lot

    Half-acre commercial land suitable for transit-oriented development.

    View details
    Land For Sale
    Land For Sale

    1408 W Morse Ave, Chicago, IL 60626

    Contact for pricing
    8,600 sqft

    Land available for sale.

    View details
    Commercial Land Near Transit
    Commercial Land Near Transit

    2965 N Lincoln Avenue, Chicago, IL 60657

    $750,000

    Located 0.6 miles from Wellington “L” station with water available.

    View details
    Lincoln Park Vacant Land Opportunity
    Lincoln Park Vacant Land Opportunity

    1905 W Fullerton Avenue, Chicago, IL 60614

    $399,900

    Vacant land near Elston/Fullerton/Damen corridor, Lincoln Park/Bucktown border.

    View details

    Off-Market Properties in Evanston, IL

    Consider similar Off-Market properties in Evanston, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    515 Main St, Unit P8
    RESIDENTIAL PARKING GARAGE

    515 Main St, Evanston, IL 60202-1887

    Unit P8
    $400,000
    Estimated value
    0.99 AC lot
    View details
    1034 Hinman Ave
    RESIDENTIAL PARKING GARAGE

    1034 Hinman Ave, Evanston, IL 60202

    $305,000
    Estimated value
    0.09 AC lot
    View details
    515 Main St, Unit P59
    RESIDENTIAL PARKING GARAGE

    515 Main St, Evanston, IL 60202-1887

    Unit P59
    $345,000
    Estimated value
    0.99 AC lot
    View details
    2650 Grn Bay Rd, Unit 58
    RETAIL STORES (PERSONAL SERVICES)

    2650 Grn Bay Rd, Evanston, IL 60201-1422

    Unit 58
    $1,340,000
    Estimated value
    0.14 AC lot
    View details
    530 Michigan Ave, Unit P14
    RESIDENTIAL PARKING GARAGE

    530 Michigan Ave, Evanston, IL 60202-3033

    Unit P14
    $195,000
    Estimated value
    0.50 AC lot
    View details
    800 Elgin Rd, Unit P-119
    RESIDENTIAL PARKING GARAGE

    800 Elgin Rd, Evanston, IL 60201-5622

    Unit P-119
    $310,000
    Estimated value
    2.27 AC lot
    View details
    800 Elgin Rd, Unit P-104
    RESIDENTIAL PARKING GARAGE

    800 Elgin Rd, Evanston, IL 60201-5622

    Unit P-104
    $435,000
    Estimated value
    2.27 AC lot
    View details
    900 Chicago Ave, Unit P-10T
    RESIDENTIAL PARKING GARAGE

    900 Chicago Ave, Evanston, IL 60202-1872

    Unit P-10T
    $305,000
    Estimated value
    0.60 AC lot
    View details
    800 Elgin Rd, Unit P-43
    RESIDENTIAL PARKING GARAGE

    800 Elgin Rd, Evanston, IL 60201-5622

    Unit P-43
    $355,000
    Estimated value
    2.27 AC lot
    View details
    900 Chicago Ave, Unit P-16
    RESIDENTIAL PARKING GARAGE

    900 Chicago Ave, Evanston, IL 60202-1872

    Unit P-16
    $245,000
    Estimated value
    0.60 AC lot
    View details
    800 Elgin Rd, Unit P-173
    RESIDENTIAL PARKING GARAGE

    800 Elgin Rd, Evanston, IL 60201-5622

    Unit P-173
    $395,000
    Estimated value
    2.27 AC lot
    View details
    2601 Central St, Unit P-6
    RESIDENTIAL PARKING GARAGE

    2601 Central St, Evanston, IL 60201-6405

    Unit P-6
    $425,000
    Estimated value
    0.52 AC lot
    View details
    800 Elgin Rd, Unit P-118
    RESIDENTIAL PARKING GARAGE

    800 Elgin Rd, Evanston, IL 60201-5622

    Unit P-118
    $365,000
    Estimated value
    2.27 AC lot
    View details
    1501 Oak Ave, Unit P55
    RESIDENTIAL PARKING GARAGE

    1501 Oak Ave, Evanston, IL 60201-4259

    Unit P55
    $340,000
    Estimated value
    1.34 AC lot
    View details

    Evanston, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Evanston, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 7,478 square feet of properties for sale, with an estimated market value of $3,935,000.

    Sale prices for stores in Evanston, IL start at $250,000, averaging $655,833, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 15
    Automotive properties 1
    Banks 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 81K
    Population Growth (5Y) +5.3%
    Median Household Income $99,828
    College Educated 63.6%

    High-Yield Neighborhoods for Investment

    Identify Evanston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60201 $395K
    60202 $1.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Evanston fall within the 2,500 to 5,000 square foot range.

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