1563 Sherman Avenue
Evanston, Illinois 60201

Active / MLS #12274660 / Retail Store / Evanston
Listing information updated 3/10/2026 at 6:03am
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.

Listing Office: Sperry Van Ness

Listing Office Phone: 312.676.1866

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1563 Sherman Avenue, Evanston, IL 60201 is a retail store currently listed at $23/sq. ft.. This retail store has been listed on @properties Christie's International Real Estate since January 30th, 2025 and was built in 1984. The nearest transit stops include Davis CTA Purple line and Davis St Metra Metra Union Pacific North line.