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    621 Green Bay Rd Wilmette, IL 60091

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    For Sale
    $5,999,000

    Prime development site bordering downtown Wilmette.

    Lot size:
    0.55 Acres

    Property Features for 621 Green Bay Rd

    General Information

    Standard status
    Active
    Lot size
    0.55 Acres
    Source: Corcoran

    Listing Agent: Cameel Halim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Green Bay Road Development Site

    This prime development site is located on Green Bay Road, bordering downtown Wilmette. The site is situated next to three multi-unit retail buildings, representing successful new construction. This site presents an opportunity for new development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmette
    County
    McLean
    State
    Illinois
    Longitude
    -87.7294
    Latitude
    42.0773

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    FAQs

    What type of property is this?
    Commercial land - Prime development site bordering downtown Wilmette.
    Where is this commercial land located?
    The property is located at 621 Green Bay Rd Wilmette, IL.
    What is the asking price?
    The asking price for this property is $5,999,000.
    What are key features of this property?
    This property features: - Prime development site bordering downtown Wilmette; - Next to three multi-unit, retail, successful brand new construction; - Opportunity to build your project
    (847) 920-2063
    Request Owner's contact information
    621 Green Bay Rd Wilmette, IL 60091
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    Wilmette, IL 60091
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    621 Green Bay Rd Wilmette, IL 60091
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