For Sale
$895,000
819 Ridge Rd Wilmette, IL 60091
Prime Wilmette storefront, strong tenant, high NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- 1,936 SF retail storefront at 819 Ridge Rd, Wilmette, IL, offering investment or owner-user potential.
- 100% occupied by Lapels Dry Cleaners (corporate-guaranteed, month-to-month lease, open to long-term).
- $895,000 asking price, $462.29/SF, $57,000 NOI (6.37% cap rate).
- Stabilized, single-tenant, absolute NNN lease; 16-space parking lot.
- Excellent visibility in prime Wilmette location; redevelopment potential.
Property Details for 819 Ridge Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 1,936 SF
- Year Built
- 1941
- Units
- 1
Location Insight
- City
- Wilmette
- County
- Cook
- State
- Illinois
- Latitude
- 42.0787122
- Longitude
- -87.7228221
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime Wilmette storefront, strong tenant, high NOI.
- Where is the retail property located?
- The property is located at 819 Ridge Rd Wilmette, IL.
- What is the asking price?
- The asking price for this property is $895,000.
- What are key features of this property?
- This property features: 1,936 SF retail storefront at 819 Ridge Rd, Wilmette, IL, offering investment or owner-user potential.; 100% occupied by Lapels Dry Cleaners (corporate-guaranteed, month-to-month lease, open to long-term).; $895,000 asking price, $462.29/SF, $57,000 NOI (6.37% cap rate).
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