1830 Sherman — Lease in Evanston, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Evanston, IL 60201
Photos
Description
Now available for lease, retail 1830 Sherman located at 1830 Sherman Ave Evanston, Illinois 60201. Available square footage 1,900 SF.
Market Context
This retail in Evanston, IL is listed for lease. Compare it against other retail listings for lease in Evanston, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Estimated Market Rate
$1.54/SF/mo – $2.08/SF/mo
Mid: $1.82/SF/mo
Based on comparable properties in similar markets rather than local sales.
Contact
- Steve Schwartz · steve.schwartz@jll.com
Explore this market
Similar Retail Business for Lease in Evanston, IL
- 1615 Oak Avenue — Contact for price · Evanston, IL
- 520 Main Street — Contact for price · Evanston, IL
- The Scholar — Contact for price · Evanston, IL
- 520 Main Street — Contact for price · Evanston, IL
- 1830 Sherman — Contact for price · Evanston, IL
- 2110 Central St — Contact for price · Evanston, IL