Historic Landmark Retail Building For
For Sale
Contact for pricing
351 Linden Ave, Wilmette, IL 60091
Unique retail building near CTA station, ideal for various businesses.
Property Size855 SF
Price / SF$362.57
Days on Market1410
Property Features for 351 Linden Ave
General Information
Standard status
Active
Size
855 SF
Property subtype
Retail
Listing Agency:
CBRE - Oak Brook
Listed By:
Peter Graham · License #IL
Source:
Crexi
Added: Oct 11, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:23AM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Frequently Asked Questions
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
