Evanston, IL 60201 1565 Sherman Avenue

1565 Sherman Avenue Evanston, IL - Image 11565 Sherman Avenue Evanston, IL - Image 21565 Sherman Avenue Evanston, IL - Image 3
21 more
1565 Sherman Avenue Evanston, IL - Image 41565 Sherman Avenue Evanston, IL - Image 51565 Sherman Avenue Evanston, IL - Image 61565 Sherman Avenue Evanston, IL - Image 71565 Sherman Avenue Evanston, IL - Image 81565 Sherman Avenue Evanston, IL - Image 91565 Sherman Avenue Evanston, IL - Image 101565 Sherman Avenue Evanston, IL - Image 111565 Sherman Avenue Evanston, IL - Image 121565 Sherman Avenue Evanston, IL - Image 131565 Sherman Avenue Evanston, IL - Image 141565 Sherman Avenue Evanston, IL - Image 151565 Sherman Avenue Evanston, IL - Image 161565 Sherman Avenue Evanston, IL - Image 171565 Sherman Avenue Evanston, IL - Image 181565 Sherman Avenue Evanston, IL - Image 191565 Sherman Avenue Evanston, IL - Image 201565 Sherman Avenue Evanston, IL - Image 211565 Sherman Avenue Evanston, IL - Image 221565 Sherman Avenue Evanston, IL - Image 231565 Sherman Avenue Evanston, IL - Image 241565 Sherman Avenue Evanston, IL - Image 25
Presented By: Baird & Warner
  • MLS# 12350703
  • 05/06/2025
  • Request Tour
  • Request Info
  • SQFT • 1,500

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

Client Care

Price $190,000
MLS#12350703
List Date 05/06/2025
Property Type Business Op
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 1565 Sherman Avenue