High-Profile Restaurant/Retail/Business Opportunity on Central St in Evanston

2945 Central Street, Evanston, IL 60201

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Restaurant
  • Property Size 2,500 SF
  • Units 1
  • Lot Size 0.22 Acre
  • Property Tenancy Single Tenant
  • Year Built 1935
  • Date Updated Jun 10, 2025

Description

​The area surrounding 2945 Central Street in Evanston, Illinois, is a vibrant and historic neighborhood known for its blend of residential charm and lively commercial activity. This region, often referred to as the Central Street neighborhood, offers a unique mix of urban amenities and small-town appeal. Central Street serves as the neighborhood's main commercial corridor, featuring a pedestrian-friendly district filled with independent stores, bakeries, coffee shops, boutiques, and restaurants. Notable establishments include DeSalvo’s Pizza, Backlot Coffee, Hartigan's Ice Cream, and Leonidas Chocolate Café.For Lease. Great restaurant or business opportunity in the heart of Evanston’s highly desirable Central Street corridor with approved plans for redevelopment. This ±2,500 SF building, situated on a generous 9,375 SF lot, has entitlements for a restaurant facility that will seat ±70 people indoors and over 100 people outdoors. This corner property offering boasts high visibility, excellent foot traffic, and proximity to boutiques, cafes, Metra, and Northwestern University. Ideal for restaurant/hospitality uses with ample space for parking and outdoor seating. This landmarked property has had its renovation approved by the City of Evanston's Landmark Preservation Commission. Surrounded by a thriving mix of residences and small businesses. Don’t miss this chance to join in one of Evanston’s most vibrant and walkable neighborhoods. Seller is a licensed Illinois Real Estate Broker.For Sale or Lease. Great restaurant or business opportunity in the heart of Evanston’s highly desirable Central Street corridor with approved plans for redevelopment. This 2,500 SF building, situated on a generous 9,375 sq ft lot, has entitlements for a restaurant facility that will seat ±70 people indoors and over 100 people outdoors. This corner property offering boasts high visibility, excellent foot traffic, and proximity to boutiques, cafes, Metra, and Northwestern University. Ideal for restaurant/hospitality uses with ample space for parking and outdoor seating. This landmarked property has had its renovation approved by the City of Evanston's Landmark Preservation Commission. Surrounded by a thriving mix of residences and small businesses. Don’t miss this chance to invest in one of Evanston’s most vibrant and walkable neighborhoods. Seller is a licensed Illinois Real Estate Broker.

Highlights

  • ±2,500 SF building on 9,375 SF lot
  • Easy access to I-94, Green Bay Road, and public transit options
  • Expansive outdoor area for al fresco dining or additional parking
  • Flexible zoning allows for a wide range of uses
  • For sale at $875,000 (including plans) or for lease at $13,000/month NNN
  • High-visibility corner property
  • Incredible demographics with Avg HH income of $230k and Avg home value of $782,000 in immediate area
  • Located in the heart of Evanston's Central Street commercial corridor
  • Plans and drawings pre-approved for a restaurant/hospitality facility
  • Property improvements include new blue clay roof, new doors and windows, new exterior lights, 4-new roll-up doors, tuckpointing and painting and a new outdoor patio (approved)
  • Renovations approved by Evanston's Landmark Preservation Commission
  • Seating for ±70 indoors and over 100 outdoors
  • Six parking spaces planned on site with ample street parking
  • Surrounded by a supportive, engaged community of residents and small businesses

1 Space Available

Space Type

Street Retail

Lease Rate

$13,000.00/MO

Total Space

2,500 SF

Divisible Space

2,500 - 2,500 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

±2,500 SF building on 9,375 SF lot. High-visibility corner property.

Contacts

Marcus Sullivan

SVN | Chicago Commercial

Location

Contact Listing Broker
Marcus Sullivan

SVN | Chicago Commercial

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