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1615 Oak Ave
Evanston, IL 60201
Retail Property For Sale
Investment Highlights
- Fully built-out restaurant and brewery with 10-barrel brewhouse and two bars.
- Outdoor patio seating for 65 guests enhances seasonal dining options.
- Surrounded by strong retail, entertainment, and Northwestern University campus.
- Expansive open dining area with mezzanine level for private events.
- Located one block from Davis Street Metra and CTA stations for easy access.
- Features include vaulted ceilings, exposed wood beams, and a fireplace lounge.
Executive Summary
This 12,000 SF former brewhouse offers a rare opportunity to acquire a fully built-out restaurant and brewery in the heart of downtown Evanston. The property features a dramatic barrel-truss design with exposed wood beams, soaring vaulted ceilings, and a striking 10-barrel brewhouse as a central focal point. A spacious open dining area is complemented by a mezzanine level with its own bar, ideal for private events. The outdoor patio accommodates 65 guests, enhancing the venue’s appeal for seasonal dining.
Located just one block west of the Davis Street Metra and CTA stations, the property provides exceptional accessibility for both local patrons and visitors. The surrounding retail corridor benefits from strong foot traffic and proximity to Northwestern University, entertainment venues, and a diverse mix of dining and shopping options. With two bars, a fireplace lounge, and zoning under D1, this property is well-positioned for an operator or investor seeking a turnkey hospitality asset in a vibrant urban setting.
Located just one block west of the Davis Street Metra and CTA stations, the property provides exceptional accessibility for both local patrons and visitors. The surrounding retail corridor benefits from strong foot traffic and proximity to Northwestern University, entertainment venues, and a diverse mix of dining and shopping options. With two bars, a fireplace lounge, and zoning under D1, this property is well-positioned for an operator or investor seeking a turnkey hospitality asset in a vibrant urban setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,000 SF
Building Class
B
Year Built
1930
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.28 AC
Zoning
D1 - Downtown 1
Property Taxes
| Parcel Number | 11-18-302-016-0000 | Improvements Assessment | $130,488 |
| Land Assessment | $141,750 | Total Assessment | $272,238 |
Property Taxes
Parcel Number
11-18-302-016-0000
Land Assessment
$141,750
Improvements Assessment
$130,488
Total Assessment
$272,238
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