1416-22 Central Street, Evanston, IL, 60201

1416-22 Central Street Evanston, IL 60201

Evanston
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jul 22, 2025

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Highlights

  • Street-level Retail/Office spaces ideally located on the Ground Floor and corner of a 39-unit Multi-Family Apartment Building. The new Ryan Field to be completed in Summer, 2026. Only 3 blocks to Central Street METRA.
  • Any business benefits from the new stadium hosting NU Football games, other collegiate sporting events, up to 6 concerts per year, community-oriented events such as winter festivals, holiday celebrations, student movie nights, intramural sports championships as well as additional student community programming.
  • Offering includes 4 adjacent spaces of between 700 and 950sf, which had been combined into one larger space, as was done for the previous tenant (see floor plans on pages 4-6).
  • Landlord vanilla-boxing the spaces and still has the ability to customize its buildout to your specific needs.
  • Zoned R5 with an oCSC Overlay for a variety of commercial purposes.
  • Strong Demographics: Avg. HH Income > $200,000
  • Lease Rate: $15/sf plus RE Taxes (estimated at $3.49/sf)

Description

InSite introduces 1416-22 Central Street, Evanston, IL, consisting of 4 high-visibility street-level spaces for office and/or retail use, located across the street from the new Ryan Field. Spaces range from 750-950sf and can be combined with access between the spaces. This property is ideal for businesses looking to elevate their presence in the desirable Evanston market.

1

Building Size: 36000sq ft
Lot Size: 0 acres

Units for Lease

1416 Central Street
Space Available: 787 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $15.00
1418 Central Street
Space Available: 940 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $15.00
1422 Central Street
Space Available: 734 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $15.00
1424 Central Street
Space Available: 900 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $15.00

Map of 1416-22 Central Street, Evanston, IL, 60201

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.