Evanston, IL 60201 1565 Sherman Avenue
$190,000



21 more






















Presented By: Baird & Warner
Home Details
Profitable Turnkey Business Opportunity in Prime Downtown Evanston. An exciting opportunity to own the highly-rated Tealicious business - a well-established, profitable cafe with 4.5-star reviews and a loyal customer base, including Northwestern University students and local residents. Located in the heart of Downtown Evanston, this 1,500 sq ft restaurant space enjoys high foot traffic and excellent visibility. The sale includes the full build-out: black iron with hood, commercial kitchen equipment, fixtures, furniture, and owner training - everything you need to start earning from day one. Whether you choose to continue operating under the Tealicious brand or bring in your own concept, this location offers tremendous flexibility and upside. Key Features: Prime location near Northwestern University Strong customer base: students, shoppers, and neighborhood residents Modern storefront with floor-to-ceiling windows Well-designed interior: dining room, pickup counter, kitchen/prep area, and restroom Excellent transit access: Steps from CTA #201/206/213 routes, 0.2 miles from Purple Line Davis station and Metra Evanston/Davis station Includes 3 dedicated rear parking spaces This is a rare chance to acquire a successful, ready-to-operate business in a vibrant and growing community.
Presented By: Baird & Warner
General for 1565 Sherman Avenue
Additional Parcels Y/NNo
Business NameTEALICIOUS
Business TypeBar/Tavern/Lounge, Food & Beverage, Restaurant, Retail
CityEvanston
CoolingCentral Air
CountyCook
DirectionsHead N from Lake St on Sherman Ave. Property is on the E side of the street.
ElectricOther
Lot Size Square Feet1500
MLS AreaEvanston
ModificationTimestamp2025-05-12T05:07:14.662Z
Operating Expense0
PossessionClosing
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount0
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Other, Gas
Virtual TourClick here
Exterior for 1565 Sherman Avenue
Building Area Total1500
Lot Dimensions1500
Additional Details
Price History
