LEASE OVERVIEW AVAILABLE SF: LEASE RATE: YEAR BUILT: 2017 ZONING: MARKET: 2,000-6,200 SF $29.00 SF/Yr (NNN) Village Center Pedestrian Commercial West Chicago PROPERTY DESCRIPTION Incredible retail lease opportunity in downtown Wilmette. Approximately 6200 SF available on the ground floor of The Residences at Wilmette, a 75 unit luxury apartment development on Green Bay Road, adjacent to the Wilmette Metra station. The retail space is divisible to 3 units, and can accommodate retailers from 2000-6000 SF. The property will be delivered with all utilities stubbed to the space as well as an exhaust duct for restaurant/food uses. 10 indoor parking spaces are available for retail tenants. A rare opportunity to lease high traffic retail space in a brand new transit oriented development in one of Chicago's most affluent communities. Available Summer 2017 LOCATION OVERVIEW The property is located across from Wilmette's Metra station, and is literally steps to many businesses, restaurants and shops, the Wilmette Public Library, Village Hall and the US Post Office. SUB MARKET: CROSS STREETS: Wilmette - North Shore Green Bay Road & Wilmette Ave
PROPERTY HIGHLIGHTS Brand new mixed-use development in downtown Wilmette Approximately 6000 SF w/ over 90' of frontage on Green Bay Rd Divisible to 2000 SF Ground floor of 75 Luxury Apts Indoor parking for retail customers Restaurant capable space with exhaust duct pre-installed Premium location foot steps from Metra, shopping district, restaurants, Village Hall, post office and library Available Summer 2017
PROPERTY NAME: PROPERTY ADDRESS: PROPERTY TYPE: PRICE / SF: GROSS LEASABLE AREA: BUILDING CLASS: ZONING: The Residences at Wilmette 607-617 Green Bay Road Wilmette, IL 60091 Retail $29/SF NNN +/- 6200 SF A Village Center Pedestrian Commercial West YEAR BUILT: 2017 NUMBER OF STORIES: 5 # RESIDENTAIL UNITS: 75 PARKING FOR RETAIL: MECHANICAL NOTES: 10 dedicated spaces 1. Retail Space will have waste/vent, water, gas and electrical stubs with gas, electrical and water stubs for up to 3 separate retail spaces 2. Three separate gas meters with up to 600,000 BTU each 3. Three separate electrical meters - 480V, 3-phase with 400amp, 400amp & 200 amp services 4. Restaurant capable space with a 20x20 duct chase installed to the space and run to the roof of the property 5. Concrete floor installed 6. Sewer stubs at the rear of the spaces with concrete floor left open for future plumbing work
607-617 Green Bay Road
Baha'i Temple Gilson Beach Wilmette Metra Station
Plaza Del Lago Shopping Center Lakefront Aerial Wilmette Harbor
Lease Rate: $29.00 SF/YR (NNN) Total Space 2,000-6,200 SF Lease Type: NNN Lease Term: SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS 607-617 Green Bay Street Retail $29.00 SF/YR NNN 2,000-6,200 SF Negotiable
Wilmette, IL Wilmette, IL is a bedroom community located 14 miles north of downtown Chicago on Chicago's affluent North Shore. Home to nearly 28,000 residents and situated on the banks of Lake Michigan, Wilmette is the home of Wilmette Harbor, Gilson Park Beach & Lakefront Complex, and Baha'i Temple among the town's attractions. The municipality boasts an extremely high Average Household Income of over $204,000/yr, and has an average home value well over $700,000
Village of Wilmette Zoning Ordinance FIGURE 10-1: VILLAGE CENTER STREET FRONTAGE MAP Page 150 April 1, 2014 Article 10 Village Center District
Village of Wilmette Zoning Ordinance 10.5 PERMITTED AND SPECIAL USES Table 10-2: Village Center District Permitted and Special Uses lists permitted and special uses for the district. A P indicates that a use permitted within that district. An S indicates that a use a special use in that district and must obtain a special use permit as required in Section 5.3 (Special Use). No letter (i.e., a blank space), or the absence of the use from the table, indicates that use is not permitted within that district. VILLAGE OF WILMETTE, ILLINOIS TABLE 10-2: VILLAGE CENTER DISTRICT PERMITTED & SPECIAL USES P = Permitted Use // S = Special Use DISTRICT USE Pedestrian Pedestrian Commercial Commercial Arterial Pedestrian Pedestrian East West Institutional Residential RESIDENTIAL USES Dwelling, Above the Ground Floor P P P P P Sec. 12.3.G USE STANDARDS Dwelling, Townhouse/Stacked Flat P S Sec. 12.3.H Dwelling, Multi-Family S Residential Care Facility S S Sec. 12.3.V INSTITUTIONAL USES Cultural Facility S S S S S Sec. 12.3.C Day Care Center, Adult or Child S S Sec. 12.3.D Educational Facility, Vocational S Sec. 12.3.I Government Facility P P P P S Park/Playground S S S S S Place of Worship S S S Sec. 12.3.U Recreation Center S S S S Social Club or Lodge S S S S S Sec. 12.3.X COMMERCIAL USES Animal Hospital S Art Gallery P P P P Art Studio S S P S Brew Pub S S S S Broadcasting Studio S S S Convenience Mart S S S Craft Brewery/Distillery S S S S Drive-Through Facility - For Financial Institution Only S S Sec. 12.3.F Financial Institution S S P Funeral Home S Gas Station S Sec. 12.3.J Health Club S S S Hotel/Motel S S S Indoor Amusement Facility S S S Kennel S S S Sec. 12.3.M Live Performance Venue S S S S Medical/Dental Clinic, Small S S P S Medical/Dental Clinic, Large S S P Motor Vehicle Dealership S S Sec. 12.3.N Page 154 April 1, 2014 Article 10 Village Center District
Village of Wilmette Zoning Ordinance USE VILLAGE OF WILMETTE, ILLINOIS TABLE 10-2: VILLAGE CENTER DISTRICT PERMITTED & SPECIAL USES P = Permitted Use // S = Special Use Pedestrian Commercial East Pedestrian Commercial West DISTRICT Arterial Pedestrian Institutional Pedestrian Residential USE STANDARDS Motor Vehicle Rental Establishment S S Sec. 12.3.N Motor Vehicle Service and Repair, Minor S S Sec. 12.3.P Office, Above the Ground Floor P P P P Office, Ground Floor S S P P Outdoor Dining P P P P Sec. 12.3.S Personal Services Establishment, Above the Ground Floor P P P P Personal Services Establishment, Ground Floor S S P P Pet Day Care Facility S S S S Sec. 12.3.M Printing and Photocopying Establishment S S Restaurant, Carry-Out/Delivery S S S S Sec. 12.3.W Restaurant, Full Service P P P P Restaurant, Limited Service S S S S Restaurant, Specialty P P P P Retail Goods Establishment P P P P Twenty-Four Hour Business Use S S S Sec. 12.3.Y OTHER Parking Lot (Principal Use) S S S S S Sec. 12.3.R Parking Structure (Principal Use) S S S S S Sec. 12.3.R Planned Unit Development S S S S S Article 6 Utility S S S S S Sec. 12.3.Z Wind Turbines S S S S S Sec. 13.4.Y Wireless Telecommunications Equipment S S S S S Sec. 12.3.AA April 1, 2014 Article 10 Village Center District Page 155
POPULATION 1 MILE 2 MILES 3 MILES TOTAL POPULATION 16,749 56,797 107,556 MEDIAN AGE 42.3 40.6 40.5 MEDIAN AGE (MALE) 41.4 39.4 39.4 MEDIAN AGE (FEMALE) 43.8 42.0 41.4 HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES TOTAL HOUSEHOLDS 6,054 20,900 39,298 # OF PERSONS PER HH 2.8 2.7 2.7 AVERAGE HH INCOME $184,332 $165,596 $148,438 AVERAGE HOUSE VALUE $645,927 $612,688 $602,117
1 MILE 2 MILES 3 MILES Total households 6,054 20,900 39,298 Total persons per hh 2.8 2.7 2.7 Average hh income $184,332 $165,596 $148,438 Average house value $645,927 $612,688 $602,117 1 MILE 2 MILES 3 MILES Total population 16,749 56,797 107,556 Median age 42.3 40.6 40.5 Median age (male) 41.4 39.4 39.4 Median age (female) 43.8 42.0 41.4 * Demographic data derived from 2010 US Census