Building Details

Building Size 40,478 SF

Properties For Sale

at 721 Green Bay Rd Contact us

515

Size

3,938 SF

Type

Restaurant

Term

Negotiable

Contact us

Listing Agency: SVN | Chicago - Corporate

Listed By: Wayne Caplan · License #475132248 Show Phone

Source: Svnchicago

Added: Sep 16 Last Checked: Sep 20 at 5:41AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

The offering is a ground-floor retail space within Optima Lumina, a new-construction condominium development with 133 units. The premises can accommodate restaurant use, with black iron ductwork already installed, and may be divided into two separate spaces. Indoor parking is available for retail customers, and delivery is scheduled for Q3 2028.

At 721 Green Bay Rd in Wilmette, the property sits directly across from the Metra commuter rail station in the downtown area. The site has 120’ of frontage on Green Bay Road and is next to Optima Verdana, a 100-unit apartment development reported at 100% occupancy. Nearby co-tenancy includes Egg Harbor, Starbucks, and Carlos and Carlos, with additional restaurants, cafes, shops, and the Wilmette Theater in the surrounding area. Village Center zoning supports a variety of uses.

Key Highlights

• Ground‑floor retail space within a new‑construction 133‑unit condominium development
• Restaurant‑capable premises with black iron ductwork already installed
• 120’ of frontage on Green Bay Road

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Building Supply Law Firm Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

561

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Shell Shops & Services

5,508 visits/mo 0.5 miles

Demographics for 60091, IL

28,053

Population

10,673

Households

2.6

Avg Household Size

44

Median Age

85%

College-Educated

99%

High-School Grad

5.3 sq mi

ZIP Area

5,293

Density / Sq Mi

$190,250

Median Household Income

$98,414

Median Earnings

$1,968

Median Rent

$800,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Installed black iron ductwork supports restaurant use, while Village Center zoning allows a variety of commercial uses.

Where is this retail space located?

The property is located at 721 Green Bay Rd Wilmette, IL.

What are key features of this property?

This property features: Ground‑floor retail space within a new‑construction 133‑unit condominium development; Restaurant‑capable premises with black iron ductwork already installed; 120’ of frontage on Green Bay Road