Retail


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Location: 1721 North Western Avenue, Unit 1, Chicago, IL, 60647
UPCOMING AUCTION  Mon, September 11 - Wed, September 13

Suggested Opening Bid: $70,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Unit Size: Approx. 1,035 SF

Building Size: Approx. 11,130 SF

Parking: One (1) Reserved Spot

2015 Taxes: $1,406.00 

PIN #:  14-31-319-091-1001

This vacant retail storefront unit is ideal for retail, service retail or office space. 

Located in the high traffic Wicker Park/Bucktown neighborhood, with great street frontage and exposure  of 47,000 VPD.  The property is minutes from public transportation and the Kennedy Expressway.

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Location: 1234 ADDRESS NOT DISCLOSED, IL
UPCOMING AUCTION  Bidding period to be scheduled

LIQUOR STORE AND REAL ESTATE JUST NORTH OF CHICAGO SUBURBAN LOCATION

FOR SALE/NOT AUCTION

CONFIDENTIAL ADDRESS NOT DISCLOSED

  • ASKING PRICE: $5 MILLION
  • LAST FISCAL YEAR GROSS SALES: OVER $9 MILLION!
  • Building Size: Approx. 19,000 SF
  • Inventory Sold Separately
  • Well Established, High Grossing Business for last 38 Years
  • Owner is Retiring & Will Assist New Owner with Transition
  • Located Close to Chicago and Major Highways
  • Near Major Intersection with 40,500 VPD
  • NDA and POF Required Before Exact Location and Detailed Financial Information Will be Provided
  • Cooperating Broker Commission: 2%

Please direct all questions and inquires to Sam Shah at 847.477.1477 or sam.shah@svn.com.

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Location: 2036-2054 East U.S. Highway 20, Michigan City, IN, 46360
UPCOMING AUCTION  Bidding period to be scheduled

FOR SALE: Approx. 40,000 SF in a Retail Strip Center, Evergreen Business Center, Michigan City, IN

FOR SALE/NOT AUCTION

New Asking Price: $2,850,000 (Reduced from $3,500,000) ($3,600,000 w/Furniture Store Business)

Cooperating Broker's Commission: 2%

NOI: $212,883.00

2015 Taxes: $46,456.58

PIN #: 46-05-03-280-038.000-071

Zoning: B-1

Fully leased, approx. 40,000 sf retail strip building built in 2000. This well maintained, one (1) story building has 4 tenant spaces, each with individual HVAC and separately metered. Anchor tenants include Dollar General Store (approx. 9,100 sf) and Napa Auto Parts (approx. 5,490 sf). The two other tenants include Help at Home (approx. 3,300 sf) and Evergreen Furniture Store (approx. 22,235 sf). The Evergreen Furniture Store has 33' pole beams across, which would allow for future sub dividing of this space. The property is comprised of one parcel and includes plenty of surface parking. Partially replaced roof on Napa Auto Parts and a portion of the Evergreen Furniture Store (2015). New HVAC (July 2016) on top roof of Dollar General Store.

Located in Michigan City (Trail Creek), Indiana in the Evergreen Business Center. Michigan City is a city in LaPorte County, Indiana, USA. It is one of two principal cities included in the Michigan City-La Porte, Indiana Metropolitan Statistical Area, which is included in the Chicago-Naperville-Michigan City Combined Statistical Area. It is also part of a region known to locals as Michiana. It is approximately 50 miles east of Chicago and 40 miles west of South Bend. It had a population of 31,479 at the 2010 census.

Michigan City is noted for both its proximity to the Indiana Dunes National Lakeshore and for bordering Lake Michigan. Due to this, Michigan City receives a fair amount of tourism during the summer months, especially by residents of Chicago and of nearby cities in Northern Indiana. The lighthouse is a notable symbol for the city.

**Seller owns furniture store; if furniture store is not purchased then seller will continue to lease back from owner for 3-5 years at the market rental rate**

Offered in cooperation with Indiana Real Estate License #RB14014802

**3 STEPS REQUIRED TO REVIEW PROPERTY RENT ROLL, LEASES, AND EXPENSES: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON THE DOCUMENTS YOU WOULD LIKE TO VIEW & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENTS

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Location: 855 East Grand Avenue, Lake Villa, IL, 60046
UPCOMING AUCTION  Bidding period to be scheduled

Single Tenant Retail Building in Lake Villa, IL

FOR SALE/NOT AUCTION

New Asking Price: $2,700,000 (Reduced from $2,900,000)

Cooperating Broker Commission: 2%

Lot Size: Approx.3.08 Acres

Building Size: Approx. 16,399 SF

2015 Taxes: $76,757

PIN #: 06-03-101-079

Zoning: SB, Suburban Business

This property is a 16,300 sf single-tenant retail building, formerly occupied by Mazda. Recent renovation, excellent visibility, and strong demographics make this an ideal short term investment for a value add retail owner to either re-tenant or reconfigure the existing facility. Situated on over 3 acres, this property could potentially be rezoned and redeveloped for multi-tenant retail, mixed use, or multi-family. A Phase 1 environmental was recently completed and was clean. Recent renovations include LED retrofit (total cost approx. $60K) and paved parking lot. This is a fairly new building; Rosen (the car dealership) originally built it. Rosen ceased operations in 2014. In 2015, CJ Wilson Mazda bought the property.

The main showroom consists of four (4) offices, a conference room, and a reception desk.

This property is located on Grand Avenue, the primary retail street in Lake Villa. It has over 285 ft of frontage on Grand Avenue, and is surrounded by supporting retail and services. The nearby Village at Victory Lakes is a 38-acre, full-service, senior living community. Also within the immediate area is the Vista Medical Center and Emergency Room, Lake Villa District Library, and the Lake Villa Fire Department.

Lake Villa, Illinois is part of North Central Lake County. Only minutes west of I-94 Tollway, this property is located just 5 miles from Gurnee Mills Shopping Center, Six Flags Great America, and The College of Lake County. The property is located near Deep Lake, Crooked Lake and Sand Lake, just east of the Chain O’Lakes area. The Chain is the busiest inland recreational waterway per acre in the United States. Located approximately one hour drive from the cities of Chicago, Milwaukee, and Rockford, the lakes are popular with boaters and fishermen, often drawing weekend crowds of 30,000 or more.

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Location: 1600 East Algonquin Road, Algonquin, IL, 60102
UPCOMING AUCTION  Bidding period to be scheduled

Bank Owned Commercial Building (Retail/Office/Warehouse)

FOR SALE/NOT AUCTION

Previously Valued to: $1,600,000

New Asking Price: $1,000,000 (Reduced from $1,100,000)

Cooperating Broker's Commission: 2%

2015 Taxes: $53,850.34

PIN #: 19-35-326-054

Lot Size: Approx. 2.65 Acres

Building Size: Approx. 30,454 sf

Zoning: B-2

Approx. 30,454 sf building on approx. 2.65 acres of land. 2 loading docks, large warehouse area approx. 2,500 sf, and showroom approx. 27,954 sf. Abundant parking. High traffic count: 36,800 VPD.

Located at the northeast corner of Algonquin Road (IL- 62) and Ryan Parkway, about halfway between downtown Algonquin and Route 25. Strong visibility from either direction on Algonquin Road.

**3 STEPS REQUIRED TO REVIEW PROPERTY REPORT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON THE DOCUMENT TO VIEW & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT

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Location: 3717 S. Main Street, Elkhart, IN, 46517
UPCOMING AUCTION  Bidding period to be scheduled

Free Standing Retail Building in Elkhart, IN

Suggested Opening Bid: $450,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1.04 Acres

Building Size: Approx. 10,773 SF

2016 Taxes: $19,802.78

PIN #: 20-06-22-477-006.000-011

Zoning: C-3

Former Goodwill store, approx. 10,773 sf freestanding retail building. The property offers ample parking for 25+ vehicles and has easy access from both north and southbound lanes on South Main Street (US 33). 

Located in North Central Indiana, adjacent to Concord Mall, in the growing Concord retail trade area on the busy South Main Street (US 33), just minutes from the US 20 Bypass.

In cooperation with Indiana Real Estate License #RC51600039, Tiffany Group Real Estate Advisors; Joseph Tiffany RB14033909

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Location: 750 West IL Route 173, Antioch, IL, 60002
UPCOMING AUCTION  Bidding period to be scheduled

FOR SALE: Bank Owned Freestanding Bowling Alley Along IL Route 173 in Antioch, IL

CONTRACT PENDING

FOR SALE/NOT AUCTION

Asking Price: $425,000

Cooperating Broker's Commission: 2%

Lot Size: Approx. 14.19 acres

Building Size: Approx. 41,392 sf

2015 Taxes: $23,507.00

PIN #: 02-07-400-036

Zoning: B-3

Vacant freestanding retail building for sale along Route 173 in Antioch. The building is a 41,392 square foot entertainment facility featuring a 28-lane bowling alley, a lounge/bar area, an arcade, and a banquet room on the second level. The bowling lanes and much of the equipment remains in-place and will be included with the sale of the real estate.

Approximately $1.8MM in capital was injected into the facility in 2010 including a complete replacement of the roof and updating the bowling lanes with the most current bowling utilities. Pylon signage along Route 173 provides exposure to nearly 13,000 vehicles per day. Parking for up to 160 vehicles on-site. Property is bank owned.

The property is located midblock along the south side of Route 173, approximately 3 blocks west of Route 59 in Antioch. Route 173 travels east/west and average approximately 12,700 vehicles per day. The Wisconsin border is approximately 2 miles to the north.

THIS IS AN "AS IS SALE".

**3 STEPS REQUIRED TO REVIEW PROPERTY ENVIRONMENTAL REPORTS: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON ENVIRONMENTAL REPORTS & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE ENVIRONMENTAL REPORTS

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Location: 6053 South State Street, Chicago, IL, 60621
UPCOMING AUCTION  Bidding period to be scheduled

FOR SALE: APPROX. 1,000 SF COMMERCIAL BUILDING IN CHICAGO

FOR SALE/NOT AUCTION

New Asking Price: $100,000 (Reduced from $110,000)

Building Size: Approx. 1,000 sf

PIN #: 20153060150000

Zoning: B1-2

This approx. 1,000 sf commercial building sits on an open lot that is fenced. The building is currently occupied by a tire shop. The building layout includes two rooms: one larger room located straight to back and north which includes a half bathroom; and a second, smaller room to the south which has front door only access, currently configured as an office with a high work counter. The property will be sold in cleared condition with all tires removed and tire shop vacated. This property is located in the Washington Park TIF District, near possible site selection of the Obama Presidential Library. Buyer is responsible for purchasing property survey and doing complete due diligence of the property's lot size and verifying exact square footage of the building. SOLD AS-IS.

 

 

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Location: 917-929 East Roosevelt Road, Wheaton, IL, 60187
THIS AUCTION IS CLOSED

Wheaton Shopping Center

Suggested Opening Bid: $1,900,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2014 Taxes:

PIN #: 05-16-424-031 - $11,953.12; 05-16-424-032 - $34,909.06

Building Size: Ranging from approx 415 sf - 13,537 sf

Total Building Size: Approx. 13,537 sf

Lot Size: Approx. 1.42 Acres

Zoning: C-3; General Business

One (1) story building with 7 tenant spaces, the property consists of a 13,537 sf rectangular retail strip building built in 1966, and renovated in 1986-1988. Construction is of steel frame construction, concrete block with face brick and dryvit. Each unit has individual HVAC units and is separately metered. The property sits on approximately 1.42 acre site, comprised of two parcels and includes surface parking for approximately 95 vehicles or 5.85 spaces/1,000 sf. There are three curb cuts on Roosevelt Road, one located at the signalized corner of President Street and Roosevelt Road, and an alley running east/west behind the strip center for deliveries and service.

Located in the heart of the well established Wheaton/Glen Ellyn Retail Center along the busy East-West artery of Roosevelt Road (Route 38). One stand alone building,fully leased, multi-tenant retail building with 13,537 sf including a tenant line up of the historic Seven Dwarfs Restaurant, General Store Flooring, Subway, Healthsource Chiropractic, and PC Fix. There are many new developments in the area including a new, very successful Mariano’s ¼ mile to the West, a brand new Fresh Market Grocery Store and retail strip center directly to the East along with a new 8,000 sf AAA building across the street from the subject property. Additionally, there is a proposed new retail/office development of 45,000 sf across the street at a former car dealership.

Wheaton Center is located in one of the five collar counties, Dupage County is the most populous county in Illinois after Cook County, which borders it on the east and north. The Dupage County seat is located in northwestern Wheaton. The center is located along the heavily traveled Roosevelt Road thoroughfare at a signalized corner of Roosevelt Road and President Road, with Roosevelt Road having traffic counts of nearly 37,000 VPD. The center is directly on Roosevelt Road with excellent visibility and access both off Roosevelt Road and President Street. Wheaton is a well established Western Suburb in an area with excellent density of over 107,000 population within a 3 mile radius and high incomes of over $111,000.

**3 STEPS REQUIRED TO REVIEW PROPERTY RENT ROLL, LEASES & PROFORMA: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON RENT ROLL, LEASES OR PROFORMA & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE RENT ROLL, LEASES OR PROFORMA

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Location: 915 East Roosevelt Road, Wheaton, IL, 60187
THIS AUCTION IS CLOSED

Former Pet Supplies "Plus"

Suggested Opening Bid: $780,000 

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

2014 Taxes: $18,291.30

PIN #: 05-16-424-030

Building Size: Approx. 11,739 sf 

Zoning: C-3; General Business 

Free standing former “Pet Supply Plus” building currently vacant, excellent opportunity for an owner/user. This one story buildings is approx. 11,739 sf, built in 1966, and renovated in 1986-1988. Construction is of steel frame construction, concrete block with dryvit. It has a drive-in delivery door, two restrooms, open floor plan with offices and a back of house area with a kitchen area. This property comes with a cross easement for parking with a parking ratio of 5.28 per 1,000 for the entire site. 

Located in the heart of the well established Wheaton/Glen Ellyn Retail Center along the busy East-West artery of Roosevelt Road (Route 38). This area is surrounding by retail and commercial businesses including Target, Kohl’s, Ultra Grocery, Athletico, O’Rielly’s Auto Parts, McDonalds. Subway, Boston Market and many more.There are many new developments in the area including a new, very successful Mariano’s grocery store located ¼ mile to the West, a brand new Fresh Market Grocery Store and retail strip center directly to the East along with a new 8,000 sf AAA building across the street from the subject property. Additionally, there is a proposed new retail/office development of 45,000 sf across the street at a former car dealership.

The property is located in one of the five collar counties, Dupage County is the most populous county in Illinois after Cook County, which borders it on the east and north. The Dupage County seat is located in northwestern Wheaton. It is prominently located on Roosevelt Road adjacent to Wheaton Center and Auto Zone with Roosevelt Road having traffic counts of nearly 37,000 VPD. The property is directly on Roosevelt Road with excellent visibility and access both off Roosevelt Road and President Street. Wheaton is a well established Western Suburb in an area with excellent density of over 107,000 population within a 3 mile radius and high incomes of over $111,000.

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Location: 1001 West Main Street, Sleepy Hollow, IL, 60118
THIS AUCTION IS CLOSED

Commercial Building in Sleepy Hollow Across from Spring Hill Mall

SOLD

Suggested Opening Bid: $600,000

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2%

2014 Taxes: 

$18,193.88 PIN #: 03-21-452-006

$9,408.44   PIN #: 03-21-452-007

Building Size: Approx. 42,827 sf

Land Size: Approx. 3.42 Acres

Zoning: B-2; Commercial

Two story commercial building with approx. 42,827 sf on approx. 3.42 acres. Features approx. 11' ceiling height, elevator, escalator, 1 exterior dock, and approx. 179 available parking spaces.

Located across from over 120 stores at Spring Hill Mall, on the corner of Main St. and Locus Drive, with easy ingress and egress.

23,300 VPD

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Location: 8546-8554 South Stony Island Avenue, Chicago, IL, 60617
THIS AUCTION IS CLOSED

Retail Center Investment Opportunity

New Suggested Opening Bid: $550,000 (Reduced from $585,000)

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2013 Taxes: $8,259

Lot Size: 13,483 sf

Building Size: 6,100 rsf

Zoned: B3-2

Great investment opportunity located on a busy thoroughfare of Stony Island Avenue. This 6,100 square foot retail property has 5 stores. Four of the stores are currently leased. This property is zoned B3-2 which encompasses several business uses, including professional businesses, restaurant, retail, office & much more.

Suite 1: Currently Leased ($1,650/mo.); Lease Exp. December 2014

Suite 2: Currently Leased ($2,100/mo.); Lease Exp. June 2015

Suite 3: Currently Leased ($3,000/mo.); Lease Exp. June 2017

Suite 4: Currently Leased ($1,800/mo.); Lease Exp. May 2019

Suite 5: Vacant

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Location: 5030 West 127th Street, Alsip, IL, 60803
THIS AUCTION IS CLOSED

Alsip Strip Center

Suggested Opening Bid: $300,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 6,800 sf

Lot Size: Approx. 19,923 sf 

2013 Taxes: $21,173.00

PIN #: 24-28-404-016-0000

Zoning: I-1

Veterans Outreach Plaza is a 100% leased strip center with eight (8) approx. 850 sf units (current rent total: $6,145/mo.). One unit has an executive bathroom and shower. Features approx. 30 parking spaces; and handicap accessible 1st floor units.

Located directly west of I-294 and 127th Street; I-80 and I-57 are nearby.

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Location: 2009 West Belmont Avenue, Unit 1, Chicago, IL, 60618
THIS AUCTION IS CLOSED

Bank Owned Retail Condo in Chicago

SOLD

Minimum Bid: $100,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Retail Condo Size: Approx. 1,275 sf

(1,275 sf interior wall to wall, 1420 is the gross sf, includes the exterior walls and halfway through all demising walls)

2015 Taxes: $22,222.23

PIN #: 14-30-106-100-1001

Association Dues: $103.49 monthly

Zoning:  C1 -2; Neighborhood Commercial District

Formerly the Village Cutting Room. Located on Belmont Avenue near Damen Avenue.

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View Purchase and Sale Agreement (PDF)

 

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