Sold Office


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Location: 900 Technology Way, Libertyville, IL, 60048
THIS AUCTION IS CLOSED

Bank Owned: Pine Meadows Office Campus - 10 Commercial Office Condo Units

SOLD

10 VACANT UNITS AVAILABLE FOR PRE-AUCTION PURCHASE IN BULK

Previously Valued To: $2,769,690 ($110 sf)

Minimum Bid/Reserve Price: $1,762,530 ($70 sf)

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Building Class: A

Building Size:  Approx. 45,000 sf

Total Available Square Feet: Approx. 25,179 sf

Zoning: O-2

Annual Association Dues:  $3.82 psf

Unit Sizes:

Unit 150-W - Approx. 3,538 sf

Unit 240-W - Approx. 1,911 sf

Unit 260-W - Approx. 1,861 sf

Unit 270-W - Approx. 2,605 sf

Unit 310-W - Approx. 3,192 sf

Unit 320-W - Approx. 1,838 sf

Unit 330-W - Approx. 2,542 sf

Unit 340-W - Approx. 3,246 sf

Unit 350-W - Approx. 1,830 sf

Unit 360-W - Approx. 2,616 sf

PIN #s: 

11-18-104-045 - Unit 150-W (2013 Taxes $13,200.40)

11-18-104-053 - Unit 240-W (2013 Taxes $3,662.25)

11-18-104-055 - Unit 260-W (2013 Taxes $3,676.10)

11-18-104-056 - Unit 270-W (2013 Taxes $4,956.94)

11-18-104-049 - Unit 310-W; 320-W; 330-W; 340-W; 350-W; 360-W (2013 Taxes $29,377.39) 

The building was constructed in 2006 consisting of a office condominium development offering an architecturally stunning building in a popular location. This three story elevator building can accommodate any professional business or medical user looking for an outstanding location with excellent access and exposure. These never-occupied office condos are provided in a rare “vanilla-box” condition that includes; electrical, drywall, drop ceiling with lighting fixtures and existing HVAC system. The roof is less than 9 years old. There are over 400 parking spaces available which are not deeded or assigned which currently exceeds the approved plan for entire development of 5.02 parking spaces per 1000 sf.

The property is zoned O-2 Office, Manufacturing & Distribution Park. Permitted and Special Permitted uses are listed at http://www.libertyville.com/DocumentCenter/View/12667   (the numbers after each use are tied to the NAICS 2007 system you can search these at http://www.census.gov/eos/www/naics/ ).

Prime Libertyville location in close proximity to Condell Medical Center, Winchester Road and Route 45. Easy access to I-94. Impressive location for the most discerning business owners.

Seller financing available.  Seller is current on association dues and taxes.

ALL BEST AND FINAL BIDS DUE BY APRIL 15, 2015

**If all 10 available units are not sold in bulk by 4/18, the entire 3rd floor will be available for either pre-auction purchase or online bidding in the 4/20-4/22 online auction with a minimum bid of $1,144,800 ($75 psf).

View Property Flyer (PDF)

View 2013 Taxes (PDF)

View 2015 Budget (PDF)

View Zoning (PDF)

View Declaration Libertyville Office (PDF)

View Declaration Pine Meadows (PDF)

View Declaration First Amendment (PDF)

View Declaration Second Amendment (PDF)

View Declaration Third Amendment (PDF)

View Declaration Fourth Amendment (PDF)

View Online Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 900 Technology Way, Libertyville, IL, 60048
THIS AUCTION IS CLOSED

Bank Owned: Pine Meadows Office Campus - Commercial Office 3rd Floor Condo Units

SOLD

Entire 3rd floor (Units 310-W, 320-W, 330-W, 340-W, 350-W, 360-W) available for pre-auction purchase.

Previously Valued To: $1,679,040 ($110 sf)

Minimum Bid/Reserve Price: $1,144,800 ($75 sf)

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Building Class: A

Building Size: Approx. 45,000 sf

Total Available Square Feet:  Approx. 15,264 sf

Zoning: O-2

Annual Association Dues:  $3.82 psf

Unit Sizes:

Unit 310-W - Approx. 3,192 sf

Unit 320-W - Approx. 1,838 sf

Unit 330-W - Approx. 2,542 sf

Unit 340-W - Approx. 3,246 sf

Unit 350-W - Approx. 1,830 sf

Unit 360-W - Approx. 2,616 sf

PIN #:

11-18-104-049 - Unit 310-W; 320-W; 330-W; 340-W; 350-W; 360-W (2013 Taxes $29,377.39) 

The building was constructed in 2006 consisting of a office condominium development offering an architecturally stunning building in a popular location. This three story elevator building can accommodate any professional business or medical user looking for an outstanding location with excellent access and exposure. These never-occupied office condos are provided in a rare “vanilla-box” condition that includes; electrical, drywall, drop ceiling with lighting fixtures and existing HVAC system. The roof is less than 9 years old. There are over 400 parking spaces available which are not deeded or assigned which currently exceeds the approved plan for entire development of 5.02 parking spaces per 1000 sf.

The property is zoned O-2 Office, Manufacturing & Distribution Park. Permitted and Special Permitted uses are listed at http://www.libertyville.com/DocumentCenter/View/12667 (the numbers after each use are tied to the NAICS 2007 system you can search these at http://www.census.gov/eos/www/naics/ ).

Prime Libertyville location in close proximity to Condell Medical Center, Winchester Road and Route 45. Easy access to I-94. Impressive location for the most discerning business owners.

Seller financing available.  Seller is current on association dues and taxes.

Pre-auction bids highly encouraged.

**If all 10 available units are not sold in bulk by 4/18, the entire 3rd floor will be available for either pre-auction purchase or online bidding in the 4/20-4/22 online auction with a minimum bid of $1,144,800 ($75 psf).

View Property Flyer (PDF)

View 2013 Taxes (PDF)

View 2015 Budget (PDF)

View Zoning (PDF)

View Declaration Libertyville Office (PDF)

View Declaration Pine Meadows (PDF)

View Declaration First Amendment (PDF)

View Declaration Second Amendment (PDF)

View Declaration Third Amendment (PDF)

View Declaration Fourth Amendment (PDF)

View Online Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 31100 Plymouth Road, Livonia, MI, 48150
THIS AUCTION IS CLOSED

Former AT& T Call Center in Livonia, Michigan

SOLD

Previously Valued To: $1,750,000

New Suggested Opening Bid: $600,000 (Reduced from $800,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 109,264 sf 

2014 Taxes: $64,854.23

PIN #: 103-99-0021-000

Zoning: C-2

Former call center building (AT&T) with approximately 109,264 SF on three floors, over 740′ frontage on Plymouth Road, loading dock, freight elevator, approx. 296 parking spaces on approximately 5 acres, parking ratio: 3.69, significant power, and telephone switching infrastructure/diesel generator.

Cooperating Broker Licensed in the State of Michigan: Friedman Integrated Real Estate Solutions License #6505228398; Steve Eisenshtadt License #6502139769

View Property Flyer (PDF)

View Site Plan (PDF)

View Upper Level Floor Plan (PDF)

View Mid Level Floor Plan (PDF)

View Lower Level Floor Plan (PDF)

View Main Switch Plan (PDF)

View Switch Gear Removal Plan (PDF)

View One Line Diagram Plan (PDF)

View Mechanical Notes (PDF)

View Environmental Phase I (ATT) (PDF)

View Title Commitment (PDF)

View Mortgage Modification Agreement (PDF)

View Tax Legal Discrepancy (PDF)

View Warranty Deed (PDF)

View 2014 Taxes (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

 

 

 

 

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Location: 3939 North Wilke, Arlington Heights, IL, 60004
THIS AUCTION IS CLOSED

Perfect for Owner-User: Office/Medical Building

SOLD

Previously Valued to: $850,000

Minimum Bid: $425,000

Cooperating Broker's Commission: 2% if presale; 1% if auction

Buyer's Premium: 5%

Lot Size: Approx. 1.32 Acres

Building Size: Approx. 13,578 sf

PIN #: 03-06-108-001-0000

2013 Taxes: $59,759

Each building in the business park is subject to an association called the Commerce Point Owners Association. The owner paid a total of $1,060 in dues in 2014.

Multi-tenant stand alone, single-story, fully sprinklered all brick building with pitched roof. Ideal user-owner building or a perfect fit for a medical office. Currently there are three suites, two suites that can easily be combined to 8,974 square feet. Building could be converted into a three tenant building if preferred. Property has great parking and excellent existing landscape. 

Fantastic location on the Northern end of Arlington Heights with quick easy access to I-53 via Dundee or Lake Cook Roads which provides a link to the Northwest Tollway (I-90) and the North-South Tollway (I-355). Close proximity to Woodfield Mall and other shopping, dining and entertainment offerings.

View Property Flyer (pdf)

View Terms of Sale (pdf)

View Multi-Tenant Existing Plan (pdf)

View Site Plan (pdf)

View Survey (pdf)

View HVAC Zones (pdf)

View Environmental Report: Part 1 (pdf)

View Environmental Report: Part 2 (pdf)

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Location: 3612 Lincoln Highway, Olympia Fields, IL, 60461
THIS AUCTION IS CLOSED

Office Building in Olympia Fields

SOLD

Suggested Opening Bid: $199,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 18,000 SF

Lot Size: Approx. 50,477 SF

2014 Taxes: $71,038.94

Pin#: 31-23-102-026-0000

Zoning: B-3; Commercial Service District

2-story building with a mix of private offices and shared common areas, and parking for 25 vehicles.

Located at the northeast corner of Lincoln Highway and Evergreen Circle. I-57 can be accessed via Lincoln Highway and is 1.7 miles away. Metra Electric Line 211th Street Station is approximately .3 miles east of the subject property. Metra' s Electric line brings 39,000 commuters into and out of Millennium Station in Chicago' s Loop each week day.

**3 STEPS REQUIRED TO REVIEW PROPERTY INCOME AND EXPENSES, PHASE I, II ENVIRONMENTAL & LEASE AGREEMENTS: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON INCOME AND EXPENSES OR PHASE I, II ENVIRONMENTAL OR LEASE AGREEMENTS & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE INCOME AND EXPENSES OR PHASE I, II ENVIRONMENTAL OR LEASE AGREEMENTS

View Property Flyer (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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Location: 5900 South Archer Road, Summit, IL, 60501
THIS AUCTION IS CLOSED

PRICE REDUCTION: Office/Medical Office/Retail Building

SOLD

Previous Minimum Bid: $325,000

New Minimum Bid: $195,000

Cooperating Broker's Commission: 2% if presale; 1% if auction

Buyer's Premium: 5%

2012 Taxes: $42,393

Lot Size: Approx. 0.73 Acres

Building Size: 15,668 sf

PIN #: 18-3-100-013-0000

Building size is approx. 15,668 sf on approx. 0.73 acres. Currently vacant but potential owner-user opportunity. Ideal for office, medical office or retail. There is a 10' high drive in door- it leads into a garage area. There is currently no dock, but it could be built by the buyer.

28,000+ vehicles pass this property daily per IDOT. Fully air conditioned. Previous use was corporate office with light assembly. Potential for alternate uses. 

Located at the signalized intersection of W. 59th St and S. Archer Rd. 1.5 miles to I-55 interchange at First Ave.

View Property Flyer (pdf)

View Terms of Sale (pdf)

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Location: 1604 Colonial Parkway, Inverness, IL, 60067
THIS AUCTION IS CLOSED

Williamsburg Village Professional Office Building on Colonial Parkway in Inverness

SOLD

Previously Valued To: $619,200

Suggested Opening Bid: $140,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Built: 1986

Building Size: Approx. 7,740 sf

First Floor: Approx. 2,580 sf

Second Floor: Approx. 2,580 sf

Lower Floor: Approx. 2,580 sf

Zoning: B1

2013 Taxes: $13,935.04

PIN #: 02-28-301-068-1031

This two story brick building has approx. 7,740 sf (approx. 2,580 sf per floor with a 1st floor, 2nd floor, and lower level). It features custom interior finishes, open office space, a conference room, private offices, and kitchen/break room.

Formerly occupied by a bank, this property is located within Williamsburg Village Professional Office Complex. It offers excellent signage at Roselle and Euclid roads at a signaled intersection and high traffic counts: 40,000+ vehicles per day.

Inverness, Illinois is home to Williamsburg Village, an office complex primarily comprised of various professional services. It is the only business park located in Inverness. Its unique style, natural beauty and convenient location make it an asset to the community. The individual colonial style buildings, as well as its scenic ponds and bridges, make it look and feel less like a commercial development.

Inverness is an affluent village bordered by Barrington, Schaumburg, Palatine and Hoffman Estates. Inverness ranks 63rd on the list of highest-income places in the United States, with nearby North Barrington, South Barrington, and Barrington Hills also making the list. As of the census of 2000, there were 6,749 people within the village and the median income for a household was $141,672. 

Located on Colonial Parkway at the intersection of Roselle & Euclid with easy access to I-90; Across the street from Harper College and directly in front of you when you turn into Williamsburg Village.

View Property Flyer (PDF)

View 2013 Taxes (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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