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1563 Sherman Avenue

Evanston, IL 60201
  • $30
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 12274660
UPDATED: 60 min ago
$30
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1984
County:
Area:

School Ratings & Info

Description

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.



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T21:59:05.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1563 Sherman Avenue Evanston, IL 60201

  • Price: $30
  • Status: Active
  • On Site: 16 Days
  • Updated: 60 min ago
  • MLS #: 12274660
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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.
Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced AirGas Number Of TLDocks 0

Property Features

Electric Service - 201 to 600 Amps Fire Protection Other Leasable Area 10000 Net Operating Income 0 Operating Expense 90000 Property Offered For Rent Only Property Sub Type Restaurant Rental Price 30 Tax Annual Amount 80000 Tax Year 2023 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsTax StopsSewerOtherVaries by Tenant Type Retail/Stores

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Sperry Van Ness: 312-676-1866.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-16T21:59:05.383 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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