351 Linden Ave, Wilmette, IL 60091

Listing office CBRE - Oak Brook p***@grahamrealestate.com

Listing date Oct 11, 2022

Source Crexi

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Overview

This approximately 855 square foot building is available for sale. Situated adjacent to a CTA station, it benefits from high commuter traffic on the Purple Line, connecting Wilmette to Downtown Chicago. The Linden station sees over 100,000 commuters annually. The location is characterized by high-income demographics, indicating significant expendable income for retail goods and services. The building has no real estate tax obligation because the land parcel is owned by the CTA and leased to the Village of Wilmette. 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. There is potential for the ground lease to be renewed upon expiration. Designated as a historic landmark, the building offers a unique identity for any business. Note that any type of food or beverage use is restricted.

Suggested Use

Auto Parts Store Auto Repair Shop Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Discount Store Electrical Service Electronics & Wireless Store Accounting Firm HVAC Service

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

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Location Insight

• Map
• Local Demand

City

Wilmette

County

McLean

State

Illinois

Longitude

-87.7294

Latitude

42.0773

FAQs

What type of property is this?

Storefront property - Unique retail building near CTA station, ideal for various businesses.

Where is this storefront property 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: High Profile Location: Adjacent to CTA station with over 100,000 commuters per year; No Real Estate Taxes: Building has no real estate tax obligation; High Income Demographics: Significant expendable income in the area