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Mixed-Use Assemblage with Industrial Buildings
For Sale
Under Contract
$1,950,000

736-740 12th Street, Wilmette, IL 60091

Commercial Sale, Wilmette, IL

Property SizeContact for details
Lot Size0.46 Acres
Days on Market54

Property Features for 736-740 12th Street

General Information

Property type Commercial Sale
Property subtype Other
Directions LAKE STREET, E OF GREEN BAY RD TO 12TH STREET, S TO PROPERTY
Subdivision Wilmette
Standard status Active Under Contract
APN 05341040130000
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 65207

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1930
Floors in Building 1
Building materials Brick, Wood, Vinyl Siding, Stucco
Listing Agency: Four Daughters Real Estate
Listed By: Mariusz Bilotas · License #471016608
Added: Jul 13 Changed: Aug 20 Last Checked: Sep 4 at 7:06PM
MLS# 12704086

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use assemblage includes two adjoining lots totaling 20,128 SF with several existing improvements. The property features an approximately 7,455 SF industrial building with a drive-in door and bowstring truss roof, a separate front warehouse, and two storefront commercial condos on 12th Street. A second industrial stucco building measures approximately 2,450 SF and includes four drive-in doors. Additional improvements include a century-old commercial farmhouse with first-floor business space, a second-floor apartment, and a detached two-car garage.

The property is located in Wilmette’s Village Center, near the Wilmette Metra station, downtown shopping and dining, Lake Michigan’s harbor, Gillson Beach, and a dog park. It is currently zoned VC, and the Village is open to discussing a PUD path for potential future mixed-use commercial and residential redevelopment. The improvements are fully occupied by month-to-month tenants and are being sold as-is.

Key Highlights

  • Two adjoining 10,064 SF lots totaling 20,128 SF
  • Approximately 7,455 SF industrial building with drive‑in access and bowstring truss roof
  • Approximately 2,450 SF stucco industrial building with 4 drive‑in doors

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Law Firm Spa & Massage Center Nail Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Walkable Village Center property combines industrial, warehouse, storefront, farmhouse, apartment, and garage improvements.
Where is this mixed-use property 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 10,064 SF lots totaling 20,128 SF; Approximately 7,455 SF industrial building with drive‑in access and bowstring truss roof; Approximately 2,450 SF stucco industrial building with 4 drive‑in doors
More about this property
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