Full Restaurant for Lease in Evanston, IL – 7,500 SF - Image 3
Full Restaurant
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About this Property

SVN Chicago Commercial is pleased to present an exceptional second-generation restaurant/retail opportunity in downtown Evanston, IL, steps from the Northwestern University campus. This 7,500 SF space has served Chicago's North Shore community as a high-volume restaurant space for many years. The lease includes substantial existing infrastructure, including several hoods with black-iron venting, walk-in coolers and freezers, prep tables, cooking appliances, tables, and chairs. The restaurant space has a large horseshoe-shaped bar. There is also a partial 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.

PROPERTY HIGHLIGHTS ±7,500 SF Restaurant/Retail space in Downtown Evanston

2nd Generation space with a fully functional kitchen

Substantial restaurant infrastructure and FF&E included

Join Giordano's Pizza- Opening in 2026

On-site parking lot for valet and daytime parking

Basement for storage and back-of-the-house operations included Seating for approx. 200 with multiple areas for standard service, banquets, parties, etc.

High traffic, high visibility location

Steps to Northwestern University campus, many shops, restaurants, office buildings and thousands of area residents

Close to both Metra and CTA Purple Line stations

Great demographics with approx. $130k Avg HH income and $624k home value within 1 mile

Many possible uses

Immediate availability

Kitchen & Equipment

  • Grease trap
  • Walk-in cooler
  • Walk-in freezer
  • 3 Compartment Sink
  • HVAC
  • Hood: Type 1

Seating & Space

  • Bar area

Buildout & Condition

  • Turnkey ready

Documents

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Full RestaurantFor Lease

Full Restaurant for Lease in Evanston, IL – 7,500 SF

1557 Sherman Ave, Evanston, IL 60201, USA
Size
7,500 sq ft

Explore this market

7 views
Rate$1.92/sq ft
Lease TypeNNN Lease
Lease TermLong Term
  • Bar Area
  • Walk-In Cooler
  • Walk-In Freezer
  • Turnkey
  • Grease Trap
  • 3-Comp Sink
  • Hood: Type 1

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