Mixed Use


i
Location: 6139-6147 West Roosevelt Road, Cicero, IL, 60804
UPCOMING AUCTION  Bidding period to be scheduled

Mixed Use Building in Cicero

Previously Valued To: $649,000 

Suggested Opening Bid: $300,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 5,712 sf

Lot Size: Approx. 43,560 sf

2013 Taxes:

$2,790.86 PIN #: 16-20-104-002-0000

$5,043.72 PIN #: 16-20-104-003-0000

$1,839.67 PIN #: 16-20-104-036-0000

$5,508.45 PIN #: 16-20-104-034-0000

Zoning: RR-FBD; RR-A Auto-Oriented District

Mixed-use commercial/residential building. The office portion includes three offices. The upper level of the building is a 2-story, multi-family residence. The apartment is a 3 bed, 2-1/2 bath, and is vacant. The building also offers an unfinished basement. There is a parking lot that includes approx. 30 parking spaces. Back taxes of approximately $41641.32 shall be paid by seller prior to closing. 

Located on the corner of Roosevelt and Lombard in Cicero.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

i
Location: 1803 Ramada Boulevard, Collinsville, IL, 62234
THIS AUCTION IS CLOSED

Westview Mixed Use Development 10 Minutes from Downtown St. Louis, Missouri

Suggested Opening Bid: $2,450,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Class: A

Lot Size: Approx. 8.19 Acres

2014 Taxes: $34,339.40

PIN #s: 13-2-21-29-00-000-026.01C-.13C; 13-2-21-29-00-000-027 - 029; 13-1-21-29-00-000-013 & .003

Zoning: P-R3; Planned Residential District

The Westview Mixed-Use Development is perched upon a bluff with spectacular views of Downtown St. Louis and the Gateway Arch. This development was completely renovated and improved in 2005 from a former hotel and restaurant that was built in 1980.

The current owners converted the buildings and ground into a mixed-use development on approximately 8.19 acres of ground on four different parcels. Parcel 1 consists of an 18,000 square foot building with eleven luxury apartments and two unfinished penthouse units. The apartments have full occupancy. In addition, there are two, detached four-car garage/storage spaces for tenant's use. Parcel 2 consists of a 16,818 sf two-story, mixed-use building with multiple office spaces and a former wine bistro with patio. The lower level of the building is completely finished while the upper level is approximately 50% finished. Parcels 3 & 4 are vacant.

Parcel 3 also has been approved by the City of Collinsville for Tax Increment Financing (TIF) monies to further develop that area into additional apartments via an existing "Redevelopment Agreement. “ All four lots are located in an existing TIF District and were recently included in a newly established Enterprise Zone. The property is also zoned "Planned Development District" which allows for great flexibility from the strict adherence of the Zoning Ordinance

The Westview Mixed-Use Development is located adjacent to a bustling commercial and hospitality district with an array of retail, restaurant, service, hotel, office, warehouse/distribution, convention, recreational land uses. The property has immediate access to Interstates 55/70 & 255.

Collinsville is a progressive community and is well situated only 10 driving miles from Downtown St. Louis. Besides its convenient location, Collinsville possess small town cohesiveness, big city amenities, excellent real estate values; a strong economy; a working Uptown area; quality schools and educational opportunities.

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

View Property Flyer (PDF)

View 2014 Tax Bills (PDF)

View Zoning Ordinance (PDF)

View Zoning Ordinance Amendment (PDF)

View City of Collinsville Enterprise Zone (PDF)

View Market Profile & Analysis Summary Reports (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

i
Location: 120 S Larkin Ave, Joliet, IL, 60436
THIS AUCTION IS CLOSED

Mixed Use Commercial Building in Joliet

Suggested Opening Bid: $770,000


Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2014 Taxes: 

$1,950.12 PIN #: 30-07-18-201-050-0000

$29,207.20 PIN #: 30-07-18-201-051-0000

Building Size: Approx. 9,022 sf

Lot Size: Approx. 18,722 sf

Zoning:B-3; General Business District

3 story, mixed use; 1st floor commercial unit, approx. 3,700 sf; 5 one bedroom, one bath units on the 2nd Floor; 1 three bedroom, two bath unit on the 3rd Floor. All units are occupied. Approx. 36 parking spaces.

View Property Flyer (PDF)

View Rent Roll (PDF)

View 2014 Expenses (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

i
Location: 710 East Kensington Road, Arlington Heights, IL, 60004
THIS AUCTION IS CLOSED

Mixed Use Office/Warehouse & Two 2nd Floor Apartments in Arlington Heights

Suggested Opening Bid: $255,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2013 Taxes:  $5,187.16

PIN #: 03-29-409-017-0000

Building Size: Approx. 4,800 sf

Lot Size: Approx. 10,000 sf

Zoning: B-2; General Business

Approx. 4,800 sf building on a 10,000 sf lot. Currently zoned industrial and mixed use. Building has two income producing apartments on second floor generating approximately $21,720 annual income ($1,810 monthly). Full basement for storage or lower level offices. This building also has a rear parking area that can accommodate approximately 10 cars and/or several trucks. This is a perfect building and location for Landscape company, HVAC/electrical contractor, service oriented business.

Excellent location on Kensington Rd and Hickory Ave directly behind Mariano's grocery on NW Highway in the Northwest suburb of Arlington Heights, a high income demographic area with substantial population. There is excellent access to the NW Highway.This is a traditional light industrial area, however the area is currently changing with an influx of retail and new multi-family homes. 

View Property Flyer (PDF)

View Survey (PDF)

View Aerial (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase Sale and Agreement (PDF)

Enter your email address to get important updates about this sale.
This will not sign you up for our email bulletins, just for updates about this sale.
If you would like to sign up for our auction bulletins you can use the form on the left side of this page.