Downtown Evanston Retail | Redevelopment Site

Evanston, IL

Evanston, IL
Evanston, IL
Property Type:
Street Retail
Last Verified:
Feb 15, 2019


  • Located in a TOD (Transit Oriented Development)
  • Heart of Downtown Evanston
  • Prime Redevelopment Site or Keep as Retail
  • Steps from the Metra and Purple Line Stations
  • Full Basements in Both Buildings


Two large brick adjacent retail buildings located on Davis Street in the heart of Evanston's Downtown District and just steps from the Metra Station and CTA Purple Line and walking distance to Northwestern University.

Prime retail space or as a redevelopment site with over 15,000 SF of land located in a TOD and walking distance to Metra, CTA Purple line, retail, medical and office.

Surrounded by a mix of national, regional and local retailers, homes and condo's. Area retailers include Whole Foods, The North Face, Edzo's Burger, Pete Miller's Steak & Seafood, Cost Plus, Urban Outfitters, NorthShore University Health and numerous other national, regional and local retailers.

Both buildings feature full basements and building 1 features a second story that is currently used as office space but would be a perfect conversion to an apartment or two. The second building has a large retail storefront, full basement and an apartment on the second floor.

Located in the Transit Oriented Development in the Evanston's Downtown District, allowing for higher density and reduced parking.

Evanston is one of Chicago's North Shore communities, with excellent demographics and just 12 miles north of downtown Chicago. It is bordered by Chicago to the South, Skokie to the West, Wilmette to the North and Lake Michigan to the East.

Evanston is home to Northwestern University and NorthShore University HealthSystem and the site is just steps to the Metra Station and CTA Purple Line.

Building Size: 11250.0sq ft
Lot Size: 0.35 acres

Map of Evanston, IL

Presented by:

Request additional information

Send a message
Share this Listing

Not Interested In This Property? Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.