1563 Sherman Avenue Evanston, IL $ 25,000
1563 Sherman Avenue
$ 25,000
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1563 Sherman Avenue

Evanston, IL, 60201
$ 25,000
Bedrooms-- Baths-- Sq 10,000
1563 Sherman Avenue, Evanston, IL 60201 - Image 1
1563 Sherman Avenue, Evanston, IL 60201 - Image 2
1563 Sherman Avenue, Evanston, IL 60201 - Image 3
1563 Sherman Avenue, Evanston, IL 60201 - Image 4
1563 Sherman Avenue, Evanston, IL 60201 - Image 5
1563 Sherman Avenue, Evanston, IL 60201 - Image 6
1563 Sherman Avenue, Evanston, IL 60201 - Image 7

Property for Rent in Evanston, IL

for $25,000. This 10,000 square foot property was built in 1984.

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.

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Rental Active

Price

$ 25,000

Taxes

$ 80,000

Style

Year Built

1984

Town/City

Evanston

County/Region

Cook

MLS | Web ID

12274660

Features
General
Cooling Central Air
Year Built 1984
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Tax Stops Sewer Other Varies by Tenant
Stories Count 2
Property Subtype Restaurant
Tax Year 2023
County Cook
Net Operating Income 0
Operating Expense 90000
Property Type Commercial Lease Retail/Stores
Status Active
Directions On Sherman Ave at Orrington Ave
City Evanston
MLS Area Evanston
Tax Annual Amount 80000
Leasable Area 10000
Lease Type Net
Standard Status Active
Total Actual Rent 25000
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* Excluded Features
List By
Sperry Van Ness

Broker

wayne.caplan@svn.com;wcaplan2003@yahoo.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$25,000 Listed Price

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1563 Sherman Avenue, Evanston, IL, 60201 is a Property for Rent at $25,000 with 10,000 sqft. 1563 Sherman Avenue was built in 1984. The property's zip code is 60201 which is in Evanston, IL