31
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$985,000
Est. payment /mo
5,600 SqFt
Active
901 Ridge RD Wilmette, IL 60091
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UPDATED:
11/13/2024 05:34 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $175
MLS Listing ID 12088511
Year Built 1907
Annual Tax Amount $14,389
Tax Year 2022
Lot Dimensions 44X140
Property Description
Very rare offering! Right on the corner of Lake and Ridge, this great 2 story, 7 Unit commercial mixed use building is for sale at 901 Ridge Rd in Wilmette. The building is beautiful and strong, with high ceilings, and features a Classic facade. Building is 5600 SQ FT, Land Site is approx 6600 SQ FT, NR Zoning. Valuable opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of Wilmette. Not to mention Great visibility and very high traffic at this location - 17,500 Vehicles Per Day on Lake; 6700 Vehicles Per Day on Ridge. On the first floor, there are two retail storefronts. Unit 1 is a vacant medical clinic currently used by the owner, with over 1600 Sq ft, 6 rooms, and a large reception area. This space could be used for any Retail or Professional use. In Unit 2, there is a well-known Hair Salon/ Barber Shop, a long time tenant. On the second floor, there is a 2 Bed, 1 Bath apartment, & two fully rented offices. In the Attic, there is a 3 Bed, 1 bath apartment with an extra den for storage or office space. The current rental income is $5010, excluding the vacant clinic on the first floor. Five electric meters, Rear parking lot with 8 spaces, Recent New roof replacement, has Basement for additional storage. Public transportation options include the Wilmette Metra train, and Pace Bus Stops along Lake Avenue. Edens expressway is just to the west. Property includes 903, but NOT 905 Ridge. Ownership will listen to all offers within reason. Please call agent for a showing.
Location
State IL
County Cook
Area Wilmette
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick,Concrete,Stone
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Harmony Zhang • @properties Christie's International Real Estate
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