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69 Commercial Real Estate Listings in Evanston, IL

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Evanston, IL Commercial Real Estate

There are currently 71 commercial listings available in Evanston, IL. These listings include 114 commercial spaces that encompass a total of 446,290 square feet. Available commercial spaces in Evanston, IL range in size from 77 square feet to 33,000 square feet. A total of 25 off-market commercial properties located in Evanston, IL are also available for research.

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Evanston, IL Commercial Inventory Breakdown

In 2022 the Evanston, IL commercial real estate market totaled 2,221,013 square feet of office spaces, 784,032 square feet of office spaces with retail, and 412,720 square feet of industrial space.

Office Spaces

Total: 2,221,013 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 369,643 SqFt 16.64% of total office
100k to 500k SqFt 1,851,370 SqFt 83.36% of total office
By class:
Class A 1,317,324 SqFt 59.31% of total office
Class B 387,079 SqFt 17.43% of total office
Class C 112,564 SqFt 5.07% of total office


Class A office space holds a 59.31% share of the overall Evanston, IL office market, while Class B office assets make up approximately 17.43%.

Industrial

Total: 412,720 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
100k to 500k SqFt 412,720 SqFt 100% of total industrial
By class:
Class B 412,720 SqFt 100% of total industrial
There are 412,720 square feet of commercial real estate properties between 100k to 500k square feet, representing 100% of the Evanston, IL industrial inventory.

Office Spaces with Retail

Total: 784,032 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
100k to 500k SqFt 784,032 SqFt 100% of total office with retail

Evanston, IL Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Evanston, IL Office 21 300,890
Evanston, IL Retail 22 133,800
Evanston, IL Industrial 3 4,000
Evanston, IL Other 51 449,900
Ofice Icon

21

Office

Industrial Icon

3

Industrial

Retail Icon

22

Retail

Current local active listing encompass 888,590 square feet of commercial space for lease in Evanston. There are 21 active office listings, which amount to 300,890 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 133,800 square feet across 22 listings. Current industrial offerings on the market amount to 4,000 square feet across a total of 3.

Employment in Evanston, IL

Employed Population 35,667

Employed population - Industry % Distribution

Management, business, science, and arts occupations

69%

Sales and office occupations

12%

Service occupations

11%

Production, transportation, and material moving occupations

5%

Natural resources, construction, and maintenance occupations

3%

In 2020, roughly 69% of a total of 35,667 employed in Evanston worked in Management, business, science, and arts occupations, followed by 12% in Sales and office occupations and 11% in Service occupations.

Income per capita $55,227  Median household income $81,543

Household income

29%

Under $50k

28%

$50k - $100k

22%

$100k - $200k

22%

Over $200k

The median household income in Evanston stands at $81,543, with per capita income at $55,227. Households earning between $50k and $100k represent 28% of the total, while those earning over $200k make up 22%. Approximately 29% of Evanston households earn less than $50k per year.

Commuting in Evanston, IL

Mean travel time to work 32 minutes

Means of transportation to work

45.20%

Driving alone

6.80%

Carpool

20.70%

Public transit

4.30%

Bicycle

10.90%

Walking

1.40%

Other

10.70%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Evanston in 2020 was 32 minutes. Around 45.20% of workers commute by Driving alone, 20.70% Public transit and 10.90% by Walking.

Education in Evanston, IL

High school grad or higher 96%

Bachelor's degree or higher 74%

Population by minimum level of education

4%

No degree

10%

High school

13%

Some College

32%

Bachelor's

42%

Post-grad

*Universe: Workers 25 and over

An estimated 96% of Evanston residents aged 25 or over hold a high school degree or higher. Of those, 10% are high school graduates, 13% attended some college, 32% earned a bachelor's degree, with an additional 42% holding post-graduate degrees.

Evanston, IL Demographics

As of 2020, Evanston had a total population of 73,470, with a median age of 35.10 years. Roughly 66.80% of the total population was between the ages of 16 and 64 years old.