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Mixed-Use Assemblage with Industrial Buildings

736-740 12th Street Wilmette, IL 60091

New

736-740 12th Street, Wilmette, IL, 60091

$1,950,000

For Sale

$1,950,000

COMMERCIAL - Wilmette, IL

Lot Size0.46 Acres

AddedJul 13

Days on Market2

Last RefreshJul 14 at 2:06 pm

Property Features for 736-740 12th Street

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: 05341040130000
Lot size: 0.46 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 65207

Utilities

Utilities: Water Available
Cooling system: Central Air

Building Details

Year built: 1930
Floors in Building: 1
Building materials: Brick, Wood, Vinyl Siding, Stucco

Listing agent Mariusz Bilotas License #471016608

Listing office Four Daughters Real Estate 205 W. Miner St. Ste. 303, Palatine, IL

Listing date Jul 13, 2026

MLS# 12704086

Investment Insights

Based on property information with market context.

This assemblage consists of two adjoining lots and multiple income-producing improvements, including an approximately 7,455 SF industrial building with drive-in door access, soaring volume ceilings, and a bowstring truss roof. There is also a separate warehouse in front of the industrial building, plus 2 storefront commercial condos at 12th Street. An additional approximately 2,450 SF industrial stucco building includes 4 drive-in doors, and the site features a century-old commercial farmhouse with first-floor business space, a second-floor apartment, and a detached 2-car garage.

The property is currently zoned VC (Village Center). The Village has indicated openness to discussing a PUD path to unlock additional height and density for a future mixed-use commercial/residential redevelopment.

The property is fully occupied and generating approximately $100,000+ from long-term rentals with month-to-month tenants at below-market rents; the income figure excludes owner-occupied space. The site is described as steps from the Wilmette Metra station and within the Village Center near downtown shopping and dining, as well as Gillson Beach and a dog park. The property is offered as-is, and tenants/occupants should not be disturbed; contact the listing agent directly with all inquiries.

Key Highlights

Two adjoining lots totaling 20,128 SF (10,064 SF each), located steps from the Wilmette Metra station and downtown shopping, dining, and Gillson Beach
Currently zoned VC (Village Center); the Village is open to discussing a PUD path to pursue additional height and density for future mixed‑use redevelopment
Fully occupied and cash‑flowing with approximately $100,000+ in income from long‑term rentals, with month‑to‑month tenants at below‑market rents (income excludes owner‑occupied space)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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For sale
Mixed-use properties
IL
Wilmette
60091
736-740 12th Street

What type of property is this?

Mixed-use property - Two adjoining lots include industrial buildings, storefront commercial condos, and a century-old farmhouse with apartment space.

Where is this mixed-use property located?

The property is located at 736-740 12th Street Wilmette, IL.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Two adjoining lots totaling 20,128 SF (10,064 SF each), located steps from the Wilmette Metra station and downtown shopping, dining, and Gillson Beach; Currently zoned VC (Village Center); the Village is open to discussing a PUD path to pursue additional height and density for future mixed‑use redevelopment; Fully occupied and cash‑flowing with approximately $100,000+ in income from long‑term rentals, with month‑to‑month tenants at below‑market rents (income excludes owner‑occupied space)