Wilmette, IL 60091 901 Ridge Road

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Presented By: @properties Christie's International Real Estate
  • MLS# 12088511
  • 07/08/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 5,600

Home Details

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 listing agent for a showing.
Presented By: @properties Christie's International Real Estate

General for 901 Ridge Road

Additional Parcels Y/NNo
CityWilmette
Construction MaterialsBrick, Concrete, Stone
CoolingCentral Air
CountyCook
Current UseCommercial, Other
Days on Market89
DirectionsLake to Ridge, Building is on the Northwest corner.
ElectricCircuit Breakers
Electric Expense2775
Fuel Expense3127
Gross Income60120
Insurance Expense2168
Lot Size Square Feet6600
MLS AreaWilmette
NumberOfUnitsTotal7
Operating Expense9365
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofComposition
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount14389
Tax Year2022
Tenant PaysVaries by Tenant
Trash Expense396
Virtual TourClick here
Water Sewer Expense999
Year Built1907
ZoningCOMMR

Exterior for 901 Ridge Road

Building Area Total5600
ExteriorBrick, Stone
Foundation DetailsBrick/Mortar, Concrete Perimeter
Lot Dimensions44X140

Additional Details

Price History

Worth Clark

Price $985,000
MLS#12088511
List Date 07/08/2024
Property Type Commercial
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