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275-279 Green Bay Rd 7,500 SF 100% Leased Retail Building Wilmette, IL 60091 $1,700,000 ($226.67/SF)



Investment Highlights
- Avg Daily Traffic Count = 8250 vehicles per day.
- Potential for site redevelopment
Executive Summary
Excellent north shore Village of Wilmette location. High exposure Green Bay Road location. Re-tenant existing occupancies or redevelop the entire site. Prime Wilmette location. Proximity to central business district and Metra Rail.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$12.00
|
| Other Income |
$1,200
|
$0.12
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$121,200
|
$12.12
|
| Taxes |
$52,631
|
$5.26
|
| Operating Expenses |
$15,000
|
$1.50
|
| Total Expenses |
$67,631
|
$6.76
|
| Net Operating Income |
$53,569
|
$5.36
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $12.00 |
| Other Income | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.12 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $121,200 |
| Annual Per SF | $12.12 |
| Taxes | |
|---|---|
| Annual | $52,631 |
| Annual Per SF | $5.26 |
| Operating Expenses | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $1.50 |
| Total Expenses | |
|---|---|
| Annual | $67,631 |
| Annual Per SF | $6.76 |
| Net Operating Income | |
|---|---|
| Annual | $53,569 |
| Annual Per SF | $5.36 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built
1970
Price
$1,700,000
Price Per SF
$226.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.18 AC
Zoning
GC-1 Commercial - The purpose of the GC-1 General Commercial District is to provide a location for higher-volume and higher intensity commercial uses.
Parking
10 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
247’ on Oakwood Ave
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Ardath Berliant
- Services
- 300 SF
- $500.00
- Full Service
- Jun 2029
- Clip Joint
- Services
- 555 SF
- $37.84
- Modified Gross
- Dec 2026
- Foremost Liquor Stores
- Retailer
- 5,835 SF
- $18.09
- Modified Gross
- Oct 2029
- Geo Style Pc
- Services
- 804 SF
- $36.72
- Modified Gross
- May 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Ardath Berliant | Services | 300 SF | $500.00 | Full Service | Jun 2029 | |
| Clip Joint | Services | 555 SF | $37.84 | Modified Gross | Dec 2026 | |
| Foremost Liquor Stores | Retailer | 5,835 SF | $18.09 | Modified Gross | Oct 2029 | |
| Geo Style Pc | Services | 804 SF | $36.72 | Modified Gross | May 2027 |
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-34-302-001-0000 | Total Assessment | $274,666 |
| Land Assessment | $93,750 | Annual Taxes | $52,631 ($7.02/SF) |
| Improvements Assessment | $180,916 | Tax Year | 2025 |
Property Taxes
Parcel Number
05-34-302-001-0000
Land Assessment
$93,750
Improvements Assessment
$180,916
Total Assessment
$274,666
Annual Taxes
$52,631 ($7.02/SF)
Tax Year
2025
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Presented by
275-279 Green Bay Rd
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