$1,525,000
$1,600,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
340 Linden Avenue Wilmette, IL 60091
7,260 SqFt
Key Details
Sold Price $1,525,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 7,260 sqft
Price per Sqft $210
MLS Listing ID 11718807
Sold Date 08/09/23
Year Built 1980
Annual Tax Amount $50,204
Tax Year 2021
Lot Dimensions 10402
Property Description
pleased to present 340-350 Linden Ave in north suburban Wilmette for sale. The property consists of an approx. 7,260 SF multi-tenant commercial building sitting on an approx. 10,402 SF parcel of land with at least. 5 on-site parking spaces. 3 existing tenants provide some stable cash flow to an investor. Existing tenants are paying below-market rents allowing for future upside. The property is also a great development opportunity as existing NR-1 zoning will allow for a 3-story, approx. 30,000 SF building which would include many possible uses including residential units above the first floor. This is a great opportunity for investors, developers, or owner-users. The property is listed for sale at $1,600,000. The approx 4,286 SF corner space is also available for lease at $20/SF NNN.
Location
State IL
County Cook
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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