351 Linden Ave, Wilmette, IL

Listing agent Peter Graham

Listing office CBRE | Chicago p***@cbre.com Show Phone

Listing date Apr 10, 2025

Source Moodyscre

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Overview

The property is an approximately 855 square foot building suitable for various retail and service businesses, including a sandwich shop, ice cream parlor, coffee shop, cell phone store, or insurance office. The building is a designated historic landmark, offering a unique identity. Only the building is offered for sale. The land parcel will be ground leased from the Village of Wilmette for $1.00 per year, with the lease expiring on January 13, 2037, and potential for renewal. The building has no real estate tax obligation because the land parcel is owned by the CTA and leased to the Village of Wilmette.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Wilmette

County

McLean

State

Illinois

Longitude

-88.9906

Latitude

40.5142

FAQs

What type of property is this?

Retail space - Retail building for sale, ground lease with renewal potential.

Where is this retail space located?

The property is located at 351 Linden Ave Wilmette, IL.

What is the asking price?

The asking price for this property is $310,000.

What are key features of this property?

This property features: No Real Estate Taxes: Benefit from significant cost savings.; High‑Traffic Location: Ideal for businesses like sandwich shops and coffee shops.; Extremely Low Ground Lease: Ground lease is only $1.00 per year.