Back to Search

Redevelopment Retail and Industrial Assemblage

736-740 12TH Street Wilmette, IL 60091

New

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

$1,950,000

For Sale

$1,950,000

LAND - Wilmette, IL

Lot Size0.46 Acres

AddedJul 13

Days on Market2

Last RefreshJul 14 at 3:06 pm

Property Features for 736-740 12TH Street

General Information

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

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 65208

Utilities

Utilities: Water Available
Cooling system: Central Air

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# 12704192 Listing URL

Investment Insights

Based on property information with market context.

This for-sale assemblage consists of two adjoining lots in Historic Wilmette’s Village Center, totaling 20,128 SF. The site includes an approximately 7,455 SF industrial building with drive-in door access and volume ceilings under a bowstring truss roof, a separate warehouse building positioned in front, and two storefront commercial condos at 12th Street.

Additional improvements include an approximately 2,450 SF industrial stucco building with four drive-in doors, as well as a century-old commercial farmhouse featuring first-floor business space, a second-floor apartment, and a detached 2-car garage.

The property is currently fully occupied. It is zoned VC (Village Center), and the Village is open to discussing a PUD path to explore additional height and density for potential future mixed-use commercial/residential redevelopment. The address is 736-740 12th Street, Wilmette, IL 60091, within steps of the Wilmette Metra station and the downtown shopping and dining district.

Key Highlights

Two adjoining lots totaling 20,128 SF (10,064 SF each) in Historic Wilmette’s Village Center, near the Wilmette Metra station
Zoned VC (Village Center); the Village is open to discussing a PUD path to allow additional height and density for future mixed‑use redevelopment
Fully occupied with approx. $100,000+ in long‑term rental income from month‑to‑month tenants; income excludes owner‑occupied space

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar For Sale Nearby

$1,950,000

Mixed-Use Assemblage with Industrial Buildings

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

736-740 12th Street, Wilmette, IL 60091

View Details
$310,000

Retail Space Near CTA Station

Retail space with high commuter traffic and income demographics.

351 Linden Avenue, Wilmette, IL, 60091

View Details

For sale
Warehouses
IL
Wilmette
60091
736-740 12TH Street

What type of property is this?

Warehouse - Two adjoining lots include multiple industrial and storefront buildings, currently fully occupied on a Village Center-zoned site.

Where is this warehouse 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) in Historic Wilmette’s Village Center, near the Wilmette Metra station; Zoned VC (Village Center); the Village is open to discussing a PUD path to allow additional height and density for future mixed‑use redevelopment; Fully occupied with approx. $100,000+ in long‑term rental income from month‑to‑month tenants; income excludes owner‑occupied space