Premier Retail/Restaurant Space At Optima Lumina in Downtown Wilmette

721 Green Bay Rd, Wilmette, IL 60091

Property Information

  • For Lease $50.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 40,478 SF
  • Units 133
  • Lot Size 0.12 Acre
  • Parking Spaces Avail. 13
  • Property Tenancy Multi-Tenant
  • Year Built 1968
  • Date Updated Sep 19, 2026

Description

Nestled along the picturesque shores of Lake Michigan, WIlmette, IL is a bedroom community of Chicago, located just 15 miles north of downtown. Wilmette embodies the quintessential charm of suburban living. Its tree-lined streets, meticulously maintained parks, and inviting beaches create an idyllic backdrop for residents seeking a serene yet vibrant community. Wilmette boasts a diverse array of neighborhoods, each with its own distinct character. Families are drawn to the village for its top-rated schools, family-friendly atmosphere, great shopping and dining and ample recreational opportunities including the lakefront and Gillson Beach. Professionals appreciate its proximity to downtown Chicago via both expressways and the Metra commuter rail. Wilmette has a strong retail and restaurant scene anchored by the Plaza Del Lago shopping center on Sheridan Road and Edens Plaza, which boasts the first physical Wayfair store in the US. Downtown Wilmette boasts many eateries, restaurants and shops in and around the village center. From the expansive greenery of Gilson Park to the cultural landmarks like the Baha’i House of Worship, Wilmette offers a blend of natural beauty, community spirit, and modern conveniences, making it a cherished haven for those seeking a fulfilling suburban lifestyle. Wilmette also offers potential businesses an affluent customer base, with average annual household incomes over $240k, and average home values in excess of $850,000.SVN Chicago Commercial is pleased to present the Retail at Optima Lumina in the Village of Wilmette. Located directly across from the Metra commuter rail station in Wilmette’s bustling downtown, the ±3,938 SF retail/restaurant space occupies the ground floor of a 133-unit luxury new-construction condominium development featuring exceptional amenities. The property benefits from strong surrounding demographics and adjacent residential density, bolstered by the adjacent 100-unit ultra-luxury Optima Verdana apartment development. Nearby co-tenants and destinations include Starbucks, Egg Harbor, Walgreens, the U.S. Post Office, Wilmette Public Library, Wilmette Village Hall, and a diverse selection of popular restaurants, including Walker Brothers, Sophia Steak, Valley Lodge, Pit & Tap, Carlos & Carlos, Napolita, Pescadero, Small Cheval, Panera and Hotcakes. Two grocery stores- Jewel-Osco and Whole Foods- are within blocks of the property. Wilmette is also the home of the first physical Wayfair store, located minutes away in Edens Plaza. Wilmette boasts the Wilmette Harbor, Gilson Beach, Bahai Temple & many other attractions. The retail space will have black-iron ductwork installed for restaurant use. There is also an expansive outdoor seating area fronting the property along Green Bay Road, as well as interior parking spaces available for retail customers. This retail space can be demised into two smaller spaces of ±2,000 SF each. The space will be available in Q3 2028.

Highlights

  • 120’ of frontage on Green Bay Road
  • 3,938 SF of ground-floor retail/restaurant space
  • Delivery Q3 2028
  • Divisible into two distinct spaces
  • Fantastic area demographics with average HH incomes over $200k and average home values over $850k
  • Great immediate area co-tenancy includes Egg Harbor, Starbucks, Carlos and Carlos restaurant
  • Ground floor of 133 luxury new-construction condominiums
  • Incredible downtown Wilmette location - across from the Metra station and steps to many restaurants, cafes and shops
  • Indoor parking available for retail customers
  • Next door to Optima Verdana - a 100-unit ultra-luxury apartment development with 100% occupancy
  • Other area tenants include Sophia Steak, Small Cheval, Napolita, Pescadero, Lefty’s Pizza, Valley Lodge, Wilmette Theater and many others
  • Restaurant-capable space will have black iron ductwork already installed
  • The property website is: OptimaLumina.com
  • Village Center zoning allows for a variety of uses

1 Space Available

515

Space Type

Restaurant

Lease Rate

$50.00/SF/YR

Total Space

3,938 SF

Divisible Space

2,000 - 4,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

±4,000 SF of ground-floor retail/restaurant space. Delivery Q3 2028.

Contacts

Location

Contact Listing Broker
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