Multifamily Housing
601 Park Avenue Wilmette, IL 60091
Details & Description
Price: $12,600,000
    Essex Realty Group, Inc. is pleased to exclusively offer for sale three properties located in the affluent suburbs of Winnetka and Wilmette. The offering includes five (5) townhomes at 601-617 Park Ave. in Wilmette, IL, twelve (12) townhomes at 700-708 & 726-738 Green Bay Rd. in Winnetka, IL, and ten (10) townhomes at 3115-3119 Lake Ave. in Wilmette, IL. The portfolio also includes thirty (30) garage parking spaces and twenty (20) exterior spaces. Additionally, the properties each provide amenities usually reserved for homeownership including private backyards, garage parking, storage, and finished basements in select units.Of the twenty-seven townhomes, seventeen are fully renovated with luxury finishes. Renovated kitchens include new white shaker-style cabinetry, glass backsplashes, grey quartz countertops, new hardwood floors, and designer stainless steel appliances. Bathroom finishes include ceramic tile surrounds and herringbone tile floors, new lighting, modern vanities, and fixtures. Additional improvements include carpeted bedrooms, walk-in closets, side-by-side or stackable laundry, and individual HVAC. The remaining ten partially renovated units feature varying levels of interior finishes including hardwood floors, individual HVAC, granite or laminate countertops, and stainless steel or white appliances.DISCLOSURE: THE MANAGING MEMBER OF THE LLC THAT OWNS THE SUBJECT PROPERTY IS A LICENSED REAL ESTATE BROKER IN THE STATE OF ILLINOIS.
    Listing Agents
    Doug Imber

    O: 773-305-4902
    dougimber@essexrealtygroup.com
    Kate Varde

    O: 773-305-4908
    katevarde@essexrealtygroup.com
    Jamie Steinher
    Essex Realty Group
    O: 773-305-4916
    jaimiesteinher@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    601 Park Avenue

    Wilmette, IL 60091

    Listing ID: 236221
    601 Park Avenue Wilmette, IL 60091 | for Sale | Photo 1
    Building Size: 27,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $466.67
    Land $/SF: $466.67
    Price
    $12,600,000
    Description

    Essex Realty Group, Inc. is pleased to exclusively offer for sale three properties located in the affluent suburbs of Winnetka and Wilmette. The offering includes five (5) townhomes at 601-617 Park Ave. in Wilmette, IL, twelve (12) townhomes at 700-708 & 726-738 Green Bay Rd. in Winnetka, IL, and ten (10) townhomes at 3115-3119 Lake Ave. in Wilmette, IL. The portfolio also includes thirty (30) garage parking spaces and twenty (20) exterior spaces. Additionally, the properties each provide amenities usually reserved for homeownership including private backyards, garage parking, storage, and finished basements in select units.

    Of the twenty-seven townhomes, seventeen are fully renovated with luxury finishes. Renovated kitchens include new white shaker-style cabinetry, glass backsplashes, grey quartz countertops, new hardwood floors, and designer stainless steel appliances. Bathroom finishes include ceramic tile surrounds and herringbone tile floors, new lighting, modern vanities, and fixtures. Additional improvements include carpeted bedrooms, walk-in closets, side-by-side or stackable laundry, and individual HVAC. The remaining ten partially renovated units feature varying levels of interior finishes including hardwood floors, individual HVAC, granite or laminate countertops, and stainless steel or white appliances.

    DISCLOSURE: THE MANAGING MEMBER OF THE LLC THAT OWNS THE SUBJECT PROPERTY IS A LICENSED REAL ESTATE BROKER IN THE STATE OF ILLINOIS.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Wilmette Area Market Trends

    Listing Demographics for 601 Park Avenue Wilmette, IL 60091

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population20,110130,722305,217
    Population Median Age414040
    Population by Age0-9 Yrs2752 (13%)15056 (11%)37321 (12%)
    10-19 Yrs3468 (17%)22135 (16%)43452 (14%)
    20-29 Yrs771 (3%)15963 (12%)33904 (11%)
    30-39 Yrs1510 (7%)10861 (8%)33340 (10%)
    40-49 Yrs3163 (15%)16119 (12%)39931 (13%)
    50-59 Yrs3350 (16%)18127 (13%)42850 (14%)
    60-69 Yrs2411 (11%)15456 (11%)36356 (11%)
    70+ Yrs2688 (13%)17006 (13%)38062 (12%)
    Median HH Income$166,651$112,274$87,342
    Total Household Income< 24K504 (6%)5871 (12%)17114 (15%)
    25-49K674 (9%)5676 (12%)18070 (16%)
    50-74K674 (9%)5375 (11%)15353 (13%)
    75-99K643 (8%)3918 (8%)11568 (10%)
    100-199K1818 (24%)11262 (24%)27082 (24%)
    200K+3114 (41%)13434 (29%)23310 (20%)
    Highest Education LevelNo Diploma132384215123
    Diploma or GED568823528217
    Some College962849526544
    Assoc. Degree22429029156
    Bachelors Degree45042672163878
    Higher Degree71243301063715
    Total Housing Units7,87850,488123,681
    --Owner-Occupied6,26633,76674,307
    --Renter-Occupied1,16011,77038,190
    Owner-Occupied Values< 100K695962628
    100-199K31726848605
    200-299K230385312836
    300-399K443499513443
    400-499K50937968018
    500K+46971784128777
    Total Working Age Population14,888104,357243,379
    In Work Force9,29459,677147,396
    Not In Work Force5,59444,68095,983
    Workforce Employed8,95657,064141,184
    Workforce Unemployed3382,6126,162
    Civlian Workforce9,29459,677147,346
    Military Workforce0049
    Total Households7,42645,535112,498
    Family Households5,43530,27072,265
    Non-Family Households1,99015,26540,233
    Married Couple4,89625,71458,983
    Other Family5404,55713,282
    Married w/Child2,47611,99526,549
    Single Male w/Child764011,493
    Single Female w/Child1581,5144,621

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 601 Park Avenue in Wilmette?
    The asking price for 601 Park Avenue is $12,600,000
    What is the building size of this Multifamily property in Wilmette, IL?
    The size of the building/unit at 601 Park Avenue in Wilmette is 27,000 square feet
    What is the population within 1 mile of 601 Park Avenue in Wilmette?
    The population within 1 mile of 601 Park Avenue Wilmette, IL 60091 is 20,110 people.
    Who do I contact for questions about 601 Park Avenue?
    You should contact the listing agent, Doug Imber, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 12
    Chicago Midway International Airport (MDW) 20
    General Mitchell International Airport (MKE) 61
    Price
    $12,600,000
    Listing Agent
    Listing Co-Agent
    Listing Co-Agent
    Doug Imber - CRE Agent at Essex Realty Group

    Jamie Steinher

    Independent Agent
    More listings from Doug Imber
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