Wilmette, IL Commercial Real Estate for Lease and Sale

Explore 12 listings of Wilmette commercial real estate to find the best space for your business.

3201 Old Glenview Road

3201 Old Glenview Road, Wilmette, IL
Property Type

Office
For Lease

$15.00/SF/YR
2 spaces available / 4,011 - 5,780 SF
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Westlake Plaza

Lake Ave & Skokie Blvd, Wilmette, IL
Property Type

Retail
For Lease Contact for pricing

2 spaces available / 1,038 - 2,184 SF
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1167 Wilmette Avenue Wilmette

1167 Wilmette Avenue, Wilmette, IL
Property Type

Retail
For Lease

$36.00/SF/YR
1 space available / 2,000 SF
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1115 Central Avenue Wilmette

1115 Central Avenue wilmette, Wilmette, IL
Property Type

Retail
For Lease

$26.00/SF/YR
1 space available / 6,400 SF
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1200 Central Avenue

1200 Central Avenue, Wilmette, IL
Property Type

Office
For Lease

$28.00/SF/YR
7 spaces available / 200 - 1,255 SF
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Optima Center

1100 Central Ave., Wilmette, IL
Property Type

Retail
For Lease

$20.00/SF/YR
2 spaces available / 2,375 - 2,843 SF
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517 Green Bay Road

517 Green Bay Road, Wilmette, IL
Property Type

Retail
For Lease

$27.00/SF/YR
1 space available / 4,000 SF
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825 Green Bay Rd

825 Green Bay Rd, Wilmette, IL
Property Type

Office
For Lease

$35.00/SF/YR
1 space available / 911 SF
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Enclave Wilmette
Enclave Coworking
1100 Central Avenue #G, Wilmette, IL
Property Type

Private Offices
For Lease

From $500/month
Space for 1 to 3 people
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1114 Central Ave

1114 Central Ave, Wilmette, IL
Property Type

Restaurant
For Lease Contact for pricing

2 spaces available / 1,100 - 1,750 SF
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1,402 SF Office Space For Lease in Wilmette

3520 Lake Ave, Wilmette, IL
Property Type

Office
For Lease

$25.00/SF/YR
1 space available / 1,402 SF
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351 Linden Avenue

351 Linden Avenue, Wilmette, IL
Property Type

Retail
For Sale

$310,000
Build in 1874 / Property size 855 SF
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Wilmette commercial real estate market incorporates 102,095 square feet of office space across 5 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Wilmette commercial real estate market includes 36,068 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The listing inventory in Wilmette incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Wilmette is represented by Retail space, which accounts for 20,840 square feet of available listings. Office space available in Wilmette adds up to 17,875 square feet.

Meanwhile, most of the listings of commercial property for sale in Wilmette are in the Retail category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Wilmette is $27.4 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Wilmette can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Wilmette, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $28 per square foot. In particular, the property type commanding the highest lease rates in Wilmette was Office space.
The average size of a commercial property in Wilmette depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Wilmette, the average size of an office property is 34,032 square feet.
- Retail properties here incorporate an average of 7,214 square feet.

Wilmette, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wilmette currently add up to 41,565 square feet. The market offers 5 active office listing(s), which amount to 17,875 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 20,840 square feet across 6 retail space(s).

Property Type	Count of Listings	Total SF
Office	5	17,875
Retail	6	20,840
Other	0	2,850

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Wilmette, IL. Currently, there is 855 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	855

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Wilmette, IL Commercial Real Estate for Lease and Sale

3201 Old Glenview Road

Westlake Plaza

1167 Wilmette Avenue Wilmette

1115 Central Avenue Wilmette

1200 Central Avenue

Optima Center

517 Green Bay Road

825 Green Bay Rd

Enclave Wilmette

1114 Central Ave

1,402 SF Office Space For Lease in Wilmette

351 Linden Avenue

Frequently Asked Questions

Wilmette, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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