Retail Business for Sale in Evanston, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Evanston, IL 60201

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 sale. It has been on the market for 93 days. Compare it against other retail listings for sale in Evanston, IL — <a href="/search/sale/retail/illinois/evanston">view the full market</a>.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$18.93/SF – $25.61/SF

Mid: $22.27/SF

Rate estimator only; cost-of-business estimate unavailable.

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