736-740 12th Street, Wilmette, IL 60091

Wilmette
Local realty services provided by:ERA Naper Realty
736-740 12th Street,Wilmette, IL 60091
$1,950,000
Virtual Tour
  • 0.46 Acres
  • Lots / Land
  • Active
Listed by: mariusz bilotas, szymon bilotas
Office: four daughters real estate
MLS#:12704192
Source:MLSNI

Price summary

  • Price:$1,950,000

About this home

A rare opportunity to own or develop in the heart of Historic Wilmette's Village Center - the first time this assemblage has changed hands in over a century. Two adjoining lots (10,064 SF each, 20,128 SF combined) just steps from the Wilmette Metra station, downtown's historic shopping and dining district, and Lake Michigan's harbor, Gillson Beach, and dog park - all within one of the North Shore's most established and consistently sought-after communities, served by the nationally acclaimed New Trier High School. **Currently zoned VC (Village Center), with the Village open to discussing a PUD path to unlock additional height and density for a future mixed-use commercial/residential redevelopment - a rare, direct dialogue opportunity for the right buyer, and a compelling residential draw given the New Trier school district. The property is fully occupied and cash-flowing today, generating approximately 100,000+ from long-term rentals with month-to-month tenants at below-market rents...

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Home facts

  • Listing ID #:12704192
  • Updated:July 15, 2026 at 01:28 PM

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Lot area:0.46 Acres

Schools

  • High school:New Trier Twp H.S. Northfield/Wi
  • Middle school:Wilmette Junior High School
  • Elementary school:Central Elementary School

Finances and disclosures

  • Price:$1,950,000
  • Tax amount:$65,208 (2024)
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