Property Update

Thanks to all who have inquired about the status of the sale of the building. Both parties have now signed the Purchase and Sales Contract, thereby beginning the Wilmette Park District’s 60-day due diligence period. Assuming the Wilmette Park District is ultimately satisfied with its findings, the sale will close 30 days after the last day of the due diligence period.

As a reminder, after closing, we have the ability to leaseback the entire property until the end of 2025.

Please reach out to Executive Director Michael Kahn with any questions.