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    351 Linden Ave Wilmette, IL 60091

    Sponsored
    For Sale
    $310,000

    Historic landmark retail space, prime location.

    Property size:
    855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 855-square-foot retail building at 351 Linden Avenue in Wilmette, Illinois (zip code 60091), is offered for sale at $310,000. The property is situated in a high-profile location adjacent to a CTA Purple Line station, providing excellent access to commuter traffic traveling between Wilmette and downtown Chicago. The building's location benefits from a high-income demographic with significant disposable income. Ideal uses include, but are not limited to, sandwich shops, ice cream parlors, coffee shops, cell phone stores, and insurance offices. The building is a designated historic landmark, offering a unique and attractive identity for any business. Importantly, this sale includes only the building itself

    Property Features for 351 Linden Ave

    General Information

    Property type
    Retail properties
    Square Feet
    855 SF

    HighLights

    • 855 SF retail building for sale at $310,000.
    • High‑profile location adjacent to CTA Purple Line station, providing excellent access to commuter traffic.
    • High‑income demographic area with significant disposable income.
    • No real estate taxes; land is ground leased from the Village of Wilmette for $1 annually, expiring 1/13/2037, with renewal anticipated.
    • Building sale only; land is ground leased.
    • Designated historic landmark.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmette
    County
    Cook
    State
    Illinois
    Longitude
    -87.6917215
    Latitude
    42.0735735

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    FAQs

    What type of property is this?
    Retail property - Historic landmark retail space, prime location.
    Where is this retail 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: 855 SF retail building for sale at $310,000.; High-profile location adjacent to CTA Purple Line station, providing excellent access to commuter traffic.; High-income demographic area with significant disposable income.
    Request Owner's contact information
    351 Linden Ave 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
    351 Linden Ave Wilmette, IL 60091
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