901 Ridge Road

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 $5,010.00 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.