Evanston, IL 60201 1563 Sherman Avenue
$25,000



2 more



Presented By: Sperry Van Ness
Home Details
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.
Presented By: Sperry Van Ness
General for 1563 Sherman Avenue
CityEvanston
CoolingCentral Air
CountyCook
DirectionsOn Sherman Ave at Orrington Ave
ElectricService - 201 to 600 Amps
Leasable Area10000
Lease TypeNet
MLS AreaEvanston
Net Operating Income
Operating Expense90000
Property SubtypeRestaurant
Property TypeCommercial Lease
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount80000
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Tax Stops, Sewer, Other, Varies by Tenant
Total Actual Rent25000
Year Built1984
Additional Details
Price History
