Evanston, IL Commercial Real Estate for Lease and Sale

Explore 60 listings of Evanston commercial real estate for lease and for sale to find the best space for your business.

1607 Simpson St

1607 Simpson St, Evanston, IL
Property

Other

2,440 SF
Availability

1 Space

2,440 SF
For Lease Contact for pricing
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Orrington Plaza

1603 Orrington Avenue, Evanston, IL
Property

Office

338,695 SF
Availability

1 Space

2,724 SF
Year Built

1969
For Lease Contact for pricing
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Church Street Station

1010 Church Street, Evanston, IL
Property

Retail

16,780 SF
Availability

2 Spaces

6,337 SF
Year Built

2002
For Lease

$25.00 - $30.00/SF/YR
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828 Davis St, Evanston, IL

828 Davis St, Evanston, IL
Property

Office

31,500 SF
Availability

15 Spaces

10,714 SF
For Lease

$9.48 - $19.00/SF/YR
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618 Davis Street

618 Davis Street, Evanston, IL
Property

Retail

25,000 SF
Availability

1 Space

3,175 SF
Year Built

2001
For Lease

$20.00/SF/YR
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Sherman Plaza

1600-1620 Sherman Avenue, Evanston, IL
Property

Retail
Availability

5 Spaces

67,456 Acre
For Lease Contact for pricing
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1625 Payne Street

1625 Payne Street, Evanston, IL
Property

Industrial

3,519 SF
Availability

1 Space

3,519 SF
For Lease

$15.00/SF/YR
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1715 Church Street Evanston

1715 Church Street Evanston, Evanston, IL
Property

Mixed Use

20,400 SF
Availability

2 Spaces

5,600 SF
For Lease

$18.75 - $20.00/SF/YR
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The Chandler's Building

630 Davis Street, Evanston, IL
Property

Office

26,342 SF
Availability

2 Spaces

10,141 SF
Year Built

1897
For Lease Contact for pricing
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1607 Simpson St

1607 Simpson St, Evanston, IL
Property

Office

16,940 SF
Availability

1 Space

2,440 SF
Year Built

1940
For Lease

$15.00/SF/YR
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Main Street Plaza

1906 Main Street, Evanston, IL
Property

Retail

10,000 SF
Availability

1 Space

750 SF
Year Built

1987
For Lease

$1,600.00/MO
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One Rotary Center

1560 Sherman Avenue, Evanston, IL
Property

Office

368,767 SF
Availability

1 Space

4,099 SF
Year Built

1977
For Lease Contact for pricing
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The Livery at 831 Chicago - Owner Financing Available!

831 Chicago Avenue, Evanston, IL
Property

Office

18,490 SF
Year Built

1896
For Sale

$1,995,000
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2600 Gross Point Rd

2600 Gross Point Rd, Evanston, IL
Property

Office

4,888 SF
Year Built

1956
For Sale

$850,000
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Fully Built Out Restaurant Space Available for Lease in Downtown Evanston

810 Grove Street , Evanston, IL
Property

Retail

8,250 SF
Availability

1 Space

4,222 SF
Year Built

1940
For Lease Contact for pricing
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1601 Simpson St

1601 Simpson St, Evanston, IL
Property

Office

16,940 SF
Availability

1 Space

2,000 SF
Year Built

1940
For Lease

$15.00/SF/YR
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1601 Simpson St

1601 Simpson St, Evanston, IL
Property

Office

16,940 SF
Availability

1 Space

1,300 SF
Year Built

1940
For Lease

$15.00/SF/YR
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830 Davis St, Evanston, IL

830 Davis St, Evanston, IL
Property

Retail

2,300 SF
Availability

2 Spaces

2,300 SF
For Lease

$30.00/SF/YR
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1740 Ridge Avenue Office Building

1740 Ridge Avenue, Evanston, IL
Property

Office

21,000 SF
Availability

1 Space

1 SF
Year Built

1951
For Lease

$1.00/MO
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1740-1744 Oak Ave, Evanston, IL

1740-1744 Oak Ave, Evanston, IL, Evanston, IL
Property

Office

149,520 SF
For Sale

$2,500,000/SF
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1007 Church Street

1007 Church Street, Evanston, IL
Property

Office

166,332 SF
Availability

1 Space

1,348 SF
For Lease

$33.00/SF/YR
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1601 Simpson St

1601 Simpson St, Evanston, IL
Property

Other

1,145 SF
Availability

1 Space

1,145 SF
For Lease Contact for pricing
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1604 Chicago Ave

1604 Chicago Ave, Evanston, IL
Property

Office

10,000 SF
Availability

1 Space

275 SF
For Lease Contact for pricing
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1610 Maple Avenue

1610 Maple Avenue, Evanston, IL
Property

Retail

6,500 SF
Availability

1 Space

1,950 SF
For Lease

$22.00/SF/YR
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500 Davis Center

500 Davis Street, Evanston, IL
Property

Office

125,285 SF
Availability

9 Spaces

38,668 SF
Year Built

1978
For Lease

$25.00/SF/YR
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3956 Church Street

3956 Church Street, Evanston, IL
Property

Retail
Availability

1 Space

2,364 Acre
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Evanston commercial real estate market incorporates 1,824,052 square feet of office space across 23 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Evanston commercial real estate market includes 218,341 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Evanston market, there is a total of 3,519 square feet of industrial property.

The listing inventory in Evanston incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Evanston is represented by Retail space, which accounts for 3,394,238,795 square feet of available listings. Office space available in Evanston adds up to 258,896 square feet.

Meanwhile, most of the listings of commercial property for sale in Evanston are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Evanston is $23.13 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Evanston can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Evanston, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Evanston was Retail space.

The average size of a commercial property in Evanston depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Evanston, the average size of an office property is 121,604 square feet.
Retail properties here incorporate an average of 12,131 square feet.
Industrial space in Evanston is in buildings that are, on average 3,519 square feet in size.

Evanston, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Evanston currently add up to 3,394,528,448 square feet. The market offers 18 active office listing(s), which amount to 258,896 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 3,394,238,795 square feet across 20 retail space(s). Industrial space for rent opportunities in Evanston amount to 21,572 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	18	258,896
Retail	20	3,394,238,795
Industrial	2	21,572
Other	2	9,185

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Evanston, IL. Currently, there is 227,104 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	178,633
Retail	3	30,418
Industrial	1	18,053

Evanston, IL Commercial Real Estate for Lease and Sale

1607 Simpson St

Orrington Plaza

Church Street Station

828 Davis St, Evanston, IL

618 Davis Street

Sherman Plaza

1625 Payne Street

1715 Church Street Evanston

The Chandler's Building

1607 Simpson St

Main Street Plaza

One Rotary Center

The Livery at 831 Chicago - Owner Financing Available!

2600 Gross Point Rd

Fully Built Out Restaurant Space Available for Lease in Downtown Evanston

1601 Simpson St

1601 Simpson St

830 Davis St, Evanston, IL

1740 Ridge Avenue Office Building

1740-1744 Oak Ave, Evanston, IL

1007 Church Street

1601 Simpson St

1604 Chicago Ave

1610 Maple Avenue

500 Davis Center

3956 Church Street

Frequently Asked Questions

Evanston, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Evanston, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Evanston, IL?

What factors affect the price of commercial real estate in Evanston, IL?

What is the average rent for commercial space in Evanston, IL?

What are the best areas for commercial real estate in Evanston, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Evanston, IL?

Evanston, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us