Acquisition In Evanston – 1724-1726 Sherman Avenue

Alfred Klairmont, President of Imperial Realty Company, is pleased to announce the acquisition of the ground lease at 1724-1726 Sherman Avenue in Evanston. Imperial Realty had been the ground lessee since 1976. This mixed-use two level building is on the main restaurant and shopping street in downtown Evanston leading into Northwestern University. The retail component has Olive Mediterranean Grill and a vacant former AAA Motor Club store with 2380 sq ft. The second floor office space has medical and legal tenants along with a vacant former tanning salon. The property also has a 4 unit apartment building behind the retail.