312-529-5791
1557 Sherman Ave, Evanston, IL for Rent

Retail - For Rent
1/4
7,500-10,000 SF | 1 Space

1557 Sherman Ave
Evanston, IL 60201
Downtown Evanston


HIGHLIGHTS

  • ±10,000 SF Restaurant/Retail space in Downtown Evanston Divisible to ±2,500 & 7,500 SF spaces
  • 2nd Generation space with a fully functional kitchen and Substantial restaurant, bar and tap room infrastructure and FF&E included
  • Full basement for storage and back-of-the-house operations included | On-site parking lot for valet and daytime parking | High traffic & visibility
  • Seating for ±250 with areas for standard service, banquets, parties, etc. | Steps to Northwestern University campus, many shops, restaurants, etc.
  • Close to both Metra and CTA Purple Line stations | Great demographics with approx. $130k Avg HH income and $624k home value within 1 mi.
  • Many possible uses | Immediate availability | Do not disturb tenants

OVERVIEW

SVN Chicago Commercial is pleased to present an amazing second-generation restaurant/retail opportunity in downtown Evanston, IL - steps to the Northwestern University campus. This ±10,000 SF space has served Chicago's North Shore community as a restaurant space for many years. The space is both a fully functional ±7,500 SF restaurant space along a connected ±2,500 SF bar/taproom. The spaces can be leased separately. Substantial existing infrastructure is included in the lease including a hood with black-iron venting, walk-in coolers and freezer, prep tables, cooking appliances, tables, chairs, etc. The main restaurant space has a large center bar and the smaller bar space is set up as a tap room. There is also a full basement under the space for storage, back of the house, etc. This opportunity also comes with a parking lot adjacent to the property that can be used for valet on nights and weekends. The property could also be suitable for other uses including daycare, fitness, medical office and other retail and service uses. The property boasts long-term, stable ownership. Available immediately. DO NOT DISTURB TENANT OR THEIR EMPLOYEES. ALL INQUIRIES NEED TO BE VIA THE LISTING BROKERS.

RENTAL DETAILS

SPACE AVAILABLE

7,500-10,000 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

10,000 SF

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33999 AC

LAND SF

14,810 SF

ZONING

D2

ASK ABOUT THIS PROPERTY

312-529-5791

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312-529-5791

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