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351 Linden Ave 855 SF Retail Building Wilmette, IL 60091 $310,000 ($362.57/SF)



Executive Summary
• Building Size: +/- 855 SF
• No Real Estate Taxes: The building has no real estate tax obligation because the land parcel is owned by the CTA and leased to the Village of Wilmette.
• Building Sale Only: Only the building is offered for sale. The land parcel will be ground leased from the Village of Wilmette.
• Ground Lease: $1.00 per year, with a lease expiration of 1-13-2037. There is potential for the ground lease to be renewed upon expiration.
• Historic Landmark: Building is a designated historic landmark, creating a unique identity for any business
• Restricted uses: Any type of food or beverage
• No Real Estate Taxes: The building has no real estate tax obligation because the land parcel is owned by the CTA and leased to the Village of Wilmette.
• Building Sale Only: Only the building is offered for sale. The land parcel will be ground leased from the Village of Wilmette.
• Ground Lease: $1.00 per year, with a lease expiration of 1-13-2037. There is potential for the ground lease to be renewed upon expiration.
• Historic Landmark: Building is a designated historic landmark, creating a unique identity for any business
• Restricted uses: Any type of food or beverage
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
855 SF
Year Built
1874
Price
$310,000
Price Per SF
$362.57
Building Height
1 Story
Building FAR
0.01
Lot Size
2.52 AC
Fairly walkable
40/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 5
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351 Linden Ave
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