Commercial


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Location: 7234 Ogden Avenue, Riverside, IL, 60546
AUCTION BIDDING NOW!  Mon, October 16 - Wed, October 18

Suggested Opening Bid: $650,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 15,000 SF

Lot Size: Approx. .54 Acres

Parking Spaces: Approx. 48

2015 Tax: $50,113.00

PIN: 15364100250000

Zoning: B1; Retail Business District

This three story building has brick construction and a metal roof. The elevator is large enough to fit a patient sized bed and has several suites setup for medical patient use, the other suites can accommodate general office use. Currently one temporary tenant leasing 1,500 sf/MTM.
 
This property is adjacent to Mac Neal Professional Center on Ogden Avenue near Harlem Avenue.
View Virtual Tour: https://vimeo.com/191112488
 
 

View Purchase and Sale Agreement (PDF)

 

 

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Location: 19N479 US Route 20, Lot 6, Hampshire, IL, 60140
UPCOMING AUCTION  Mon, November 13 - Wed, November 15

Minimum Bid/Published Reserve: $625,000 (Reduced from $675,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 7.19 Acres

2014 Taxes: $22,317.44

PIN #: 01-02-153-006

Zoning: Industrial

Approx. 7.19 acres in Arrowhead Business Park. Located off of I-90 West to the US 20 exit, to Dietrich behind the Arrowhead Truck Stop. 

View Property Flyer (PDF)

View 2014 Taxes (PDF)

View Land Title Survey (PDF)

View Zoning Ordinance (PDF)

View Google Map (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: 606 Broadway Street, Wisconsin Dells, WI, 53965
UPCOMING AUCTION  Mon, November 13 - Wed, November 15

Suggested Opening $600,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2016 Taxes: $9,425.83

PIN #: 11291. 10.1

Rooms: Approx. 29 

Lot Size: Approx. 14,640 SF

Building Size: 

1st Building (2 story): Approx. 4,992 SF

2nd Building (1story): Approx. 1,348 SF

Zoning: C-2; Commercial Downtown

The Colonial Motel has 29 rooms (with 4 of those rooms currently being used as living quarters), and a basement with 2 bedrooms (currently being used as storage), plus a bathroom. Approximately 21 parking spaces with ample street parking, and no restrictions. The current owner keeps the motel open from May-October and it is nearly at full occupancy each day during that time period.

One Queen Bed: 5 Rooms
One King Bed: 1 Room
Two Double Beds: 10 Rooms
Queen & Double Beds: 5 Rooms
Two Queen Beds: 3 Rooms
Family Room with 3 Beds (1 Queen and 2 Double Beds): 1 Room

Situated in a prime location on the strip in downtown Wisconsin Dells, the Colonial Motel is in the Wisconsin Dells River District, located on East Broadway Street and Church Street, just one mile from Interstate 90-94, Exit 87 and Highways 13, 16 and 23.

Features and Amenities:

*Over Size Heated Pool with 2 Water Slides
*In Room Phones
*Hair Dryers
*Direct TV
*King, Queen and Full Beds
*Adjoining Rooms
*Air Conditioning/Heaters
*Non-Smoking Rooms
*In Room Refrigerators
*Crib/Rollaway Beds Available
*Microwave
*Ho-Chunk Casino Shuttle Available 24/7
*Shuttle Bus to the Original Wisconsin Ducks
*Complimentary Amtrack & Greyhound Pick up and Drop off
*Picnic Table
*Vending Machine
*Parking Permits (One Parking Space Per Room)
*Wireless Internet for Guests
*Laundry Located Across the Street

Nearby, Off-Site Recreational Activities:

*JustAgame Fieldhouse
*Woodside Sports Complex
*Walk to Shop, Dining, Attractions & Boat Tour
*Dells Boat Tours
*Noahs Ark
*Mt. Olympus
*Kalahari Resort Water Park & Indoor Theme Park
*100 meters from Bowman Park (Basketball Courts, Playground, Swings, Sandbox, Shelter, Picnic Tables and BBQ Grill).

Offered in Cooperation with Wisconsin Real Estate License #55746-090

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENTS: 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

View Property Flyer (PDF)

View Room Types (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: 2640 Patriot Blvd., Unit A-2-A, Glenview, IL, 60026
UPCOMING AUCTION  Mon, November 13 - Wed, November 15

Minimum Bid/Published Reserve: $325,000 (Reduced from $375,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2015 Taxes: $19,836.00

PIN #: 04-22-101-047-1029

Association Dues: 452.76/monthly

Approx. 1,790 sf, 1st floor unfinished unit. Build the way you want. Good for medical office. Plenty of parking.

View Property Flyer (PDF)

View Survey (PDF)

View Glenview Patriot Courtyards Bylaws (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

» View Auction» Add to Calendar
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Location: Brest Road, Southgate, MI
UPCOMING AUCTION  Wed, January 17 - Fri, January 19

Suggested Opening Bid: $50,000

Buyer's Premium: The Greater of $2,500 or 6%

Cooperating Broker's Commission: 2%

2016 Taxes: $12,980.00

PIN #: 53-005-99-0001-711

Zoning: C3; Thoroughfare Service Districts

Approximately 9.26 acres of raw land. Prime development opportunity with all utilities available to site! Good visibility along the I-75 expressway.

Cooperating Broker Licensed in the State of Michigan: Friedman Integrated Real Estate Solutions License #6505228398; Kevin George License # 6501273697

View Survey (PDF)

View C-3; Thoroughfare Service Districts (PDF)

View Zoning Ordinance (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: 505 West Route 30, Rock Falls, IL, 61071
UPCOMING AUCTION  Mon, November 13 - Wed, November 15

Minimum Bid/Published Reserve: $25,000 (Reduced from $70,000)

Buyer's Premium: The Greater of 6% or $2,500 

Cooperating Broker's Commission: The Greater of 2% or $500

Lot Size: Approx. 1 Acre

2014 Taxes:

$802.86 PIN#: 11-33-256-024

$524.72 PIN #: 11-33-256-023

Zoning: B-1; General Business District

Approx. 1 acre, located 5 blocks west of Rt. #40 (1st Avenue) on Rt. #30.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Google Map (PDF)

View 2014 Taxes 11-33-256-023 (PDF)

View 2014 Taxes 11-33-256-024 (PDF)

View 2014 Tax Redemption Receipt 030916 (PDF)

View NFR Recorded 062915 (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: Cleveland, OH
UPCOMING AUCTION  Bidding period to be scheduled

Independent Living Community

CONFIDENTIAL/OFF MARKET SALE (FOR SALE/NOT AUCTION)

CALL FOR OFFERS: OFFERS DUE BY 10/3, 5 PM CDT

Asking Price: $9.5 Million

Built: 1988

Lot Size: 19.39 Acres

Building Size: 178,000 SF

Rentable SF:  125,696

Number of Units: 196 (Plus 10 Units Currently Offline)

Average Unit Size: 641 SF

Average Monthly Rental Rate Per Unit: $1,232

2016 Taxes: $222,526.45

Zoning: U2, U3EL, and U8

Buyer Broker Co-op Commission: 2%

PROPERTY OVERVIEW

SVN AuctionWorks is conducting a confidential/off market sale of a 196 unit, approximately 178,000 sf independent living community situated on approximately 19.39 acres in the Metropolitan Cleveland area. The community has 206 units, ten of which are currently offline, being used for offices and/or storage. The community is currently private pay only and offers two levels of care: independent living and catered care independent living.

The ranch-style, single-story apartments are larger than average as compared to other senior living communities.  The apartments are available in studio, one bedroom, and two bedroom or one bedroom with great room floor plans. Each apartment includes a private, screened in patio, fully equipped kitchen, attic storage, built-in bookcases, vertical blinds, and personal controls for heating and air conditioning. 

The common areas include a reception desk with adjacent atrium, 24 hour help desk and security station, commercial kitchen with adjacent main dining room, private dining room, health center, game lounge, salon, village store, laundry facilities, chapel, fitness room, library, post office, craft room, business office, leasing office, conference room, multiple lounge areas and an outdoor patio and courtyard area. 

Living services offered include dining room meals, laundry facilities, transportation, social and religious activities, on-site salon services, on-site podiatry services, and onsite doctor services. Residents may choose from a wide variety of daily activities, social events, and special interest clubs arranged by a full-time activities director. 

Resident’s pets are welcome and covered parking is available.  

INVESTMENT HIGHLIGHTS

OPPORTUNITIES:

  • Buyer has the ability to bring in a new operator who better understands the healthcare industry. The owner of this facility recently passed away. He initially bought the property out of bankruptcy in the 1990s and had no healthcare experience prior to owning this property. The community's manager is a sibling of the recently deceased owner. He is a minister with no prior healthcare or business experience or training.
  • Potential upside exists by converting the community from independent living to assisted living.
  • Potential upside exists by converting the community from private pay only to one that accepts Medicare and Medicaid.
  • Potential upside exists by increasing occupancy, reducing costs and streamlining operations for greater efficiencies.
  • An opportunity exists to reevaluate service package and pricing model.
  • An opportunity exists for charging an additional person fee in all of the units. Currently this fee is only charged in the catered care independent living units.

FINANCIAL PERFORMANCE:

  • Community is 79% occupied as of May 2017.
  • Community's average rental rate per unit is $1,232 per month.

RECENT IMPROVEMENTS:

  • The building roofs were replaced between 2006 and 2008 (total cost of $227,819.00)
  • A recent $50,000.00 refresh of the property included installation of a new commercial kitchen stove, landscaping, exterior painting, installation of a new awning, and patching and sealing of the driveway.

HOW TO ACCESS THE OFFERING MEMORANDUM AND OTHER CONFIDENTIAL DOCUMENTS RELATING TO THIS SALE:

To download the offering memorandum and gain access to the contents of the document vault, you must first register as a bidder on this website ( www.svnauctionworks.com ).  See bidder registration in upper right hand corner of the home page.  When you register, you will create a password.

Once you have registered, when you click on the document vault below, you may use your password to accept the terms of the NDA required to access the contents of the document vault. If you are having difficulty registering, please call or email Rose Lucania at 847.509.2757 or rose.lucania@svn.com.

Prospects should contact Diana Peterson at 312.218.6102 or diana.peterson@svn.com for further information and/or to schedule a tour of the property.

Offered in Cooperation with Ohio Real Estate License #264083, Victor S. Voinovich

View Property Flyer (PDF)

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Location: 1975 Melissa Lane, Aurora, IL, 60506
UPCOMING AUCTION  Bidding period to be scheduled

Medical Office/Health Club

CALL FOR OFFERS:  HIGHLY MOTIVATED SELLER!

**ALL OFFERS WILL BE PRESENTED REGARDLESS OF ASKING PRICE**

FOR SALE/NOT AUCTION

Previously Valued to $8 Million

Asking Price $6.5 Million

Co-op Commission: 2%

SVN Auction Works is conducting a sale of an approx. 61,347 sf building that is part medical center/therapeutic space and part health club space:

· Built in 2006
· 100% leased, 2 unit, approx. 61,347 sf building on 4.027 acres with 214 surface parking spaces
· Appraised for $8 million in 2009, when both tenants were fully performing
· Health club space is approx. 48,937 sf (79.77%)
· Health Club tenant is paying a reduced rent at this time by mutual agreement between Landlord and Tenant which is less than what is due per the terms of the lease
· Health club space features mostly open space for exercise areas, a pool, a basketball court and a minor amount of office space on the second floor
· Therapeutic space is approx. 12,410 sf (20.23%)
· Therapeutic space is leased through 9/30/2021; hospital tenant is paying on time and in full, per terms of the lease
· Therapeutic space features mostly office and conference room/classroom space and open rehabilitation areas

The health club portion of the building could also be used as a rehab center or sports facility. Alternatively, it could be reconfigured for use as self-storage. Adjacent land is also available for separate purchase.

Note that the asking price listed is for the building only. If the adjacent land and/or health club business are of interest, prospects should contact Diana Peterson at 312.218.6102 or diana.peterson@svn.com for further information.

HOW TO ACCESS THE OFFERING MEMORANDUM AND OTHER CONFIDENTIAL DOCUMENTS RELATING TO THIS SALE: To download the offering memorandum and gain access to the contents of the document vault, you must first register as a bidder at www.svnauctionworks.com (see bidder registration in upper right hand corner of the home page) and create a password.

Once you have registered, when you click on this listing and the document vault, you may use your password to accept the terms of the NDA required to access the document vault. If you are having difficulty registering, please call or email Rose Lucania at 847.509.2757 or rose.lucania@svn.com.

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Location: 8244 West US 20, Michigan City, IN, 46360
UPCOMING AUCTION  Bidding period to be scheduled

FOR SALE: Approx. 67 Acres Vacant Commercial Land in Michigan City, IN

FOR SALE/NOT AUCTION

Asking Price: $5,500,000

Cooperating Broker's Commission: 2%

Total Lot Size: Approx. 67 acres

2015 Taxes: $544.00
PIN #: 46-05-03-400-016.000.009
Zoning: B2

2015 Taxes: $555.52
PIN #: 46-05-03-400-019.000-046
Zoning: B2


2015 Taxes: $1,005.68
PIN #: 46-05-03-400-020.000-046
Zoning: R3A & B2

2015 Taxes: $195.36
PIN #: 46-05-03-400-005.000-046
Zoning: B2

Approximately 67 acres of vacant commercial zoned land consisting of 4 parcels. All utilities are located off of U.S. 20 or Pahs Road.

Located in Michigan City (Unincorporated LaPorte County), Indiana. 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.

Offered in cooperation with Indiana Real Estate License #RB14014802

View Property Flyer (PDF)

View 2015 Taxes (PDF)

View Build Out Concept (PDF)

View Zoning Ordinance - B2 (PDF)

View Zoning Ordinance - R3A (PDF)

 

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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.

View Property Flyer (PDF)

View Confidentiality Agreement and Registration Form (PDF)

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Location: Just West of Chicago Suburban Location, IL
UPCOMING AUCTION  Bidding period to be scheduled

Well Established Flooring Business with Real Estate (Retail Showroom with Warehouse & Office Space) for Sale, Just West of Chicago Suburban Location

CONFIDENTIAL ADDRESS NOT DISCLOSED

FOR SALE/NOT AUCTION

Asking Price of Real Estate: $2,500,000

Asking Price for Business: $1,750,000

The approximately 17,690 sf building is situated on an approximately 1.53 acre site. Extensively remodeled in 2016, the building is a one and part two-story, masonry constructed retail showroom and warehouse with some office space.
The approximately 15,420 sf first floor of the building is comprised of approximately 2,620 sf of office space, approximately 6,378 sf of showroom space, and approximately 4,995 sf of warehouse space. The fully built-out second floor includes approximately 2,270 square feet of office space. The second floor office space is currently leased to two tenants with total rental income of $3,100.00 per month.

Features include: two exterior depressed truck docks, one drive-in door, a secured side yard, and marked parking for approximately 45 cars.

Zoned: B-2, Community Shopping District.

Business: 2016 gross sales over $2,500,000; Owner retiring; Established business, running for 15 years

Business includes general retail as well as commercial corporate work such as auto dealerships, franchise locations, theaters, hospitals, etc.

No solicitation.

View Property Flyer (PDF)

View Confidentiality Agreement and Registration Form (PDF)

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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

View Property Flyer (PDF)

View Floor Plan (PDF)

View Land Survey (PDF)

View Aerial View (PDF)

View 2015 Tax Bill (PDF)

View Zoning Ordinance (PDF)

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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: $2,550,000 (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.

View Property Flyer (PDF)

 

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Location: 303 East Kensington Road, Mount Prospect, IL, 60056
UPCOMING AUCTION  Bidding period to be scheduled

SOLD: New Owner Seeking Tenant; Former Bogies Ale House Restaurant in Mount Prospect, Illinois

SOLD: New Owner Seeking Tenant

Lease Rate: $16.00/SF

Lease Term: 5 years +

Cooperating Broker's Commission: 3%

View Lease Brochure (PDF)

 

Previously Valued To: $1,075,000

New Minimum Bid: $625,000 (Reduced from $950,000)

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Building Size: Approx.10,630 sf

Lot Size: Approx. 113,723 sf

2014 Tax:

PIN: 03-34-200-204-0000 - $70,054.22

PIN: 03-34-200-205-0000 - $7,118.15

Zoning: B-3 Community Shopping District

Approx. 10,630 sf restaurant building that was previously operated by Bogies Ale House. The building has a multi-story design that has accommodation for banquet/parties on the upper floor while the main floor serves as the main dining & bar area. Contains ample on-site parking and a detached storage garage.

There are two parcels included; the property which has the former Bogies Ale House Restaurant (PIN # 03-34-200-204) and the rectangular property to the left of the building off of East Kensington Road (PIN # 03-34-200-205). 

Incredible location across the street from the recently redeveloped Randhurst Village featuring nearly 1 million square feet of retail space.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

 

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Location: 939 South Harlem, Forest Park, IL, 60130
UPCOMING AUCTION  Bidding period to be scheduled

Approx. 0.50 Acres Commercial Zoned Land in Forest Park

CONTRACT PENDING

Suggested Opening Bid: $625,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 0.50 acres (22,129 sf)

2014 Taxes:

$ 3,579.98 PIN #: 15-13-415-029-0000 

$ 3,542.51 PIN #: 15-13-415-030-0000

$ 3,505.18 PIN #: 15-13-415-031-0000

$36,720.81 PIN #: 15-13-415-032-0000

Zoning: B-2; Community Shopping District

Approx. 0.50 Acres commercial zoned land. Located on South Harlem Avenue and Harvard Street.

View Property Flyer (PDF)

View Plat Map 102815 (PDF)

View Tax Appeal Form 060115 (PDF)

View NFR Letter 021115 (PDF)

View Asbestos Inspection 071911 (PDF)

View Proposed Site Plan (PDF)

View Proposed Rendering 021516 (PDF)

View Demo Plan 080712 (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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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

View Property Flyer (PDF)

View 2016 Taxes (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 653 Windsor Drive, Schaumburg, IL, 60193
UPCOMING AUCTION  Bidding period to be scheduled

Former Day Care Facility/School in Schaumburg

CONTRACT PENDING

Previously Valued To: $649,000 

Suggested Opening Bid: $400,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 4,800 sf

Lot Size: Approx. 24,000 sf

2014 Taxes: $55,921.80

PIN #: 07-27-201-028-0000

Zoning: B-2

One story facility; has a full cooking kitchen; 20 plus parking spaces. 

View Property Flyer (PDF)

View 2016 Taxes (PDF)

View Survey (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)



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Location: 255 West Fleming Street, Watseka, IL, 60970
UPCOMING AUCTION  Bidding period to be scheduled

Bank Owned Single-Tenant Industrial Warehouse in Watseka, IL

FOR SALE/NOT AUCTION

Previously Valued to: $2,000,000

Asking Price: $350,000

Cooperating Broker's Commission: 2%

2016 Taxes: 

PIN# 19-31-476-002 - $21,711.56

PIN# 19-31-404-002 - $487.84

PIN# 19-32-351-001 -- $45,134.96

Lot Size: Approx. 55 Acres with 30 Acres Considered Surplus

Building Size: Approx. 182,000 sf

Zoning: M-1

182,000 sf (divisible) manufacturing facility on approx. 55 acres with 30 acres considered surplus. 15,000 sf office area. 15'-25' clear ceilings. Eleven exterior docks. Heavy power. Ample surface parking.

Located southeast of Kankakee, approx. 20 minutes east of I-57. Easily accessible from US Route 24/ IL Route 1.

**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

View Property Flyer (PDF)

View Survey (PDF)

 

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Location: 1300 East South Street, Freeport, IL, 61032
UPCOMING AUCTION  Bidding period to be scheduled

Grand Victoria Hotel in Freeport, IL

CONTRACT PENDING

Suggested Opening Bid: $250,000

Buyer’s Premium: 6% 

Cooperating Broker’s Commission: 2%

Lot Size: Approx. 5.77 Acres

2015 Taxes: $19,668.72

PIN #: 18-19-05-276-006

Zoning: B-3

AS IS SALE

This 2 story hotel is currently vacant with 90 air-conditioned rooms, refrigerators, microwaves, private bathrooms with shower/tub combinations. Amenities include indoor pool, fitness center, one banquet hall (seating for 400), and free self parking. 

Operate as a Hotel or Develop on Nearly 6 Acres Prime for Development.

This hotel is within close proximity to the Stephenson County Historical Museum, Oscar Taylor Home, Winneshiek Playhouse and Silver Creek Museum.

Click here for recent article relating to the property: http://www.journalstandard.com/news/20170418/freeport-grand-victoria-hotel-up-for-sale

**NOTE: Photos 3-11 in the photo gallery on this listing show the property in its prior condition, when the hotel was operating; the rest of the photos in the photo gallery show its current condition.

Contact the City of Freeport, Community Development Director, Alex Mills at 815-235-8221 or email amills@cityoffreeport.org for zoning questions. Also note, per communications received from Alex Mills "This property has been condemned by the City of Freeport for numerous health, life and safety code violations. It cannot be occupied in the present condition. Any potential bidder must fully acknowledge that upon transfer of ownership, they become solely responsible for all necessary repairs and must follow City ordinance with regard to submitting appropriate plans for the issuance of building permits, or for a demolition permit in the event demolition is the desired outcome. Proof of sufficient funding, as determined by the City, will be required prior to the issuance of any permits. Furthermore, any potential bidder and/or buyer must explicitly acknowledge that they become the responsible party for any potential fines, citations or legal action that may be brought against them by the City of Freeport for failure to maintain, repair or demolish the property and structures upon it." 

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

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Location: 7666 West 63rd Street, Summit, IL, 60501
UPCOMING AUCTION  Bidding period to be scheduled

Office Building in Summit

Minimum Bid/Published Reserve: $200,000 (Reduced from $350,000) 

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

Building Size: Approx. 8,365 sf 

Lot Size: Approx. 6,250 sf 

2013 Taxes: Prior Owner is Tax Exempt 

PIN #: 18-13-312-029-0000 

Two story, approximately 8,365 sf retail/office building situated on an approximately 7,906 SF lot. A former bank building, it features a finished basement and kitchen.

Located on Harlem Avenue North or South to 63rd Street, take 63rd Street west towards Archer Road.

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Location: 862 E. 162nd Street, South Holland, IL, 60473
UPCOMING AUCTION  Bidding period to be scheduled

Commercial Land in South Holland, IL

Suggested Opening Bid: $144,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 20,261 SF

2015 Taxes:

$8,861.00   29-14-304-066-0000

$4,543.00   29-14-304-067-0000

Zoning: GB (General Business District)

Approx. 20,261 SF vacant commercial land (862 E. 162nd Street & 16168 Drexel Avenue). Formerly a Clark gas station (clean NFR) and an office building. Located on a corner lot near the I-94 Bishop Ford Freeway. 

Traffic Count: 29,500 VPD

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

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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: 4517 US Highway 12, Richmond, IL, 60071
UPCOMING AUCTION  Bidding period to be scheduled

Commercial Zoned Property in Richmond

Suggested Opening Bid: $90,000

Buyer's Premium: The Greater of 5% or $2,500

Cooperating Broker's Commission: The Greater of 2% or $1,500

Lot Size: 33,993.84 SF

Building Size: 3,377 SF

2016 Taxes: $6,004.90

PIN #: 04-22-300-045

Zoning: B-1

Zoned Business District (3 bedroom home currently on property).

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Location: 5251 West 147th Street, Oak Forest, IL, 60452
UPCOMING AUCTION  Bidding period to be scheduled

Office Building

Previously Valued To: $310,000

Suggested Opening Bid: $125,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Building Size: Approx. 13,681 sf

Unique multi-tenant commercial property located in the heart of Oak Forest. This commercial office building is an ideal income producing property or owner/user. Designed for multiple tenants, the property's suites can easily be combined to provide mid size tenants with attractive executive suites normally found in larger commercial properties. Excellent opportunity to take advantage this attractive commercial property in the heart of one of Chicago's oldest suburban communities.

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Location: 1819 North Major Avenue, Chicago, IL, 60639
THIS AUCTION IS CLOSED

Approx. 350,000 SF Industrial Building in Chicago

FOR SALE/NOT AUCTION

New Asking Price: $2,500,000 (Reduced from $4,500,000)

Building Size: Approx. 350,000 sf

2014 Taxes & PIN #s:

$115,764.87; 13-32-400-062-0000 

$36,351.79; 13-32-400-063-0000 

$7,395.19; 13-32-400-068-0000 

Zoning: M1-2

This approx. 350,000 sf vacant industrial warehouse property consists of a two story building and a seven story building. It has a separate parking lot with 66 parking spaces, located approximately 500 to 1,000 feet from the main building. The main building has two restrooms per floor and two restrooms in the office area. The buildings have concrete foundations and flat roofs. There is one freight elevator, eight interior docks with levelers and two overhead doors. The ceiling heights range from approximately 10 to 34 feet. In addition, there is column spacing of 20 feet by 20 feet and 20 feet by 40 feet.

For more information about the Galewood/Armitage Industrial TIF and other development incentives, call Greater Northwest Chicago Development Corp, a City of Chicago delegate agency, as 773-637-2416.

For showing requests or more information contact Sam Shah at 847.477.1477.

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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)

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Location: 121 South Bluff Road (IL157), Collinsville, IL, 62234
THIS AUCTION IS CLOSED

Commercial Land

Previously Valued to: $5,000,000

New Suggested Opening Bid: $2,000,000 (Reduced from $3,500,000) 

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 104.32 acres

2014 Taxes

$4,919.72 PIN #: 13-1-21-32-00-000-001

$ 609.20 PIN #: 13-1-21-31-00-000-005

$ 109.12 PIN #: 13-1-21-30-00-000-013

Zoning: CP-1

Approximately 104.32 acres of commercial land. Investment opportunity only 12 miles from Downtown St. Louis. Full utilities to site. The City annexed the property and zoned it CP-1 Commercial Park District. The City of Collinsville is currently in the process of establishing a Tax Increment Financing District and Business District Overlay to be approved June 27th. Adjacent to retail and service land uses including Collinsville Crossing Shopping Center, the Eastport Plaza Hospitality District including Gateway Center Convention Facility and Doubletree Hotel.

Located at the intersection of Interstate 55/70 & 255 on the west side of Collinsville. Access to site is via IL 157 and West Main Street.

View Property Flyer (PDF)

View Video of Property (Approx. 104 Acres for Auction)

View Parcel ID Map & PIN # (PDF)

View Community Book (PDF)

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View Demographics (PDF)

View Zoning Ordinance (PDF)

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View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

 

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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: 3655 Pennridge Drive, Bridgeton, MO, 63044
THIS AUCTION IS CLOSED

Hotel: Americas Best Value Inn near Downtown St. Louis, Missouri

New Suggested Opening $1,300,000 (Reduced from $1,500,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2015 Taxes: $96,958.28 

PIN #: 10N120191

PIN #: 10N120209

Rooms: Approx. 243

Lot Size: Approx. 5.55 Acres

Zoning: B-3, Travel/Entertainment Services District

Hotel has approx. 243 rooms, on  approx. 5.55 acres, consisting of one 2-story building with approx. 145 rooms on approx. 2.42 acres at 3655 Pennridge Drive (PIN # 10N120191) and one 3-story building with the office and approx. 98 rooms on approx. 3.13 acres at 3657 Pennridge Drive (PIN # 10N120209). Conveniently located within driving distance of downtown St. Louis, Missouri along Pennridge Drive with direct interstate access. Approx. 6 miles from Lambert Saint Louis International Airport. The interstate exchange hwy 270 and Hwy 70 is the busiest intersection in the region and adjacent to the hotel site.

Off-Site Recreational Activities

* King Pin Lanes, 1.2 mi.
* Peterson Oconner Park, 1.9 mi.
* St. Louis Mills Shopping Center, 2.7 mi.
* Regal St. Louis Mills 18, 2.8 mi.
* Berry Hill Golf Course, 3.2 mi.
* Crystal Springs Quarry Golf, 3.5 mi.
* Harrah's Casino, 4.3 mi.
* Casino St. Charles, 5.3 mi.
* Ameristar Casino, 5.3 mi.
* Wehrenberg Theatres, 6.5 mi.
* French Town Antique Mall, 6.8 mi.
* Grand Prix Karting, 8.5 mi.
* Forest Park, 17.6 mi.
* St. Louis Zoo, 17.9 mi.

Facilities Information
* Guest laundry facility
* Handicap accessible

Area Attractions
* Verizon Wireless Amphitheater, 3.1 mi.
* Donald Danforth Plant Science Center, 9.6 mi.
* Butterfly House, 11.4 mi.
* Tivoli Theatre, 14.6 mi.
* St. Louis Children's Museum, 15.6 mi.
* Gateway International Raceway, 16.9 mi.
* Cathedral Basilica of St. Louis, 17.4 mi.
* St. Louis Science Center, 18.2 mi.
* City Museum, 19.4 mi.
* International Bowling Hall of Fame, 19.7 mi.
* Anheuser-Busch Brewery/Museum, 22.2 mi.
* Missouri Botanical Garden, 23.9 mi.

Nearby Restaurants
* Waffle House, walking distance
* Bob Evans, 0.3 mi.
* Denny's, 0.3 mi.
* Olive Garden, 0.3 mi.
* Meglio's Italian Grill and Bar, 0.4 mi.
* Jack's Iron Horse, 0.5 mi.
* Old St. Louis Chop Suey, 0.5 mi.
* Ponderosa Steakhouse, 0.5 mi.
* McDonald's, 0.6 mi.
* Quiznos, 0.6 mi.
* Taco Bell, 0.6 mi.
* Casa Gallardo Mexican Restaurant, 0.9 mi.
* Red Lobster, 0.9 mi.

Nearby Businesses
* Wackenhut Corp., 0.5 mi.
* Hussman Corp., 0.5 mi.
* Walgreen Pharmacy, 0.8 mi.
* United Industries Corp., 0.8 mi.
* Universe Corp., 0.9 mi.
* Credit Information Corp., 1.3 mi.
* Enviromatic Corporation of America, 1.5 mi.
* Xerox Corp., 1.6 mi.
* World Omni Financial Corp., 1.6 * Central Methodist University, 1.7 mi.
* DePaul Health Center/St. Joseph Hospital, 1.8 mi.
* Everest College, 2.1 mi.
* ITT Technical Institute, 2.3 mi.

Cooperating Broker Licensed in the State of Missouri: Sperry Van Ness/Lord Partners License #200703391; Kurt Lord License #2005034294

**3 STEPS REQUIRED TO REVIEW PROPERTY FINANCIALS, P & L & 2015 OCCUPANCY REPORT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON FINANCIALS, P & L  OR 2015 OCCUPANCY REPORT & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE FINANCIALS,  P & L OR 2015 OCCUPANCY REPORT

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Location: 530 Crescent Boulevard, Glen Ellyn, IL, 60137
THIS AUCTION IS CLOSED

Retail Building

Minimum Bid: $950,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Building Size: Approx. 9,000 sf

Zoning: C5A

Prime downtown Glen Ellyn retail building. Rarely available! Located in the heart of downtown Glen Ellyn, on the corner of Main Street and Crescent Boulevard, directly across from the Metra Station. Next door tenants include Thipi Thai and Starbucks. Many nearby restaurants and retail shops. Plenty of foot traffic and parking in front of the building. Space can be used for office, retail or restaurant. Highly desirable location!

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Location: 269 South Milwaukee Avenue, Wheeling, IL, 60090
THIS AUCTION IS CLOSED

Former Le Francais Restaurant

Suggested Opening Bid: $900,000

Buyer's Premium: 5% 

Cooperating Broker's Commission: 2% 

2014 Taxes: $28,393.46

PIN #: 03-12-105-024-0000

Lot Size: Approx. .62 acres

Building Size: Approx. 4,323 sf

Zoning: B-3

Named America’s best restaurant in 1980 by Bon Appetit Magazine, Le Francais restaurant is now available for pre-auction purchase along with all of its contents, including the FF& E. The real property included in this offering is comprised of an approximately 4,323 square foot building situated on approximately .62 acres in the TIF district. Built in 1947, and rebuilt in 1975 after a fire, the restaurant has been unoccupied since 2007.  

Also included in the sale are priceless artifacts from award-winning master chef Jean Banchet: From the kitchen personally designed by Banchet, and all of its appliances, to the Christofle cheese cart and European crystal, silver and china handpicked by Banchet’s wife, Doris. The tables are still set with linens and plates, and the mixing bowls and pots and pans are laid out and ready.  

This culinary institution, responsible for putting the Chicago dining scene on the map, presents a rare opportunity for a new owner and chef to cook in Jean Banchet’s kitchen and serve guests using Jean Banchet’s china.

Located in the middle of restaurant row in Wheeling, IL, in the TIF district.

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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: 1530 Hubbard Avenue, Batavia, IL, 60510
THIS AUCTION IS CLOSED

Industrial Multi-Tenant Investment

Minimum Bid: $775,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Building Size: 23,764 sf

Lot Size: 1.5 Acres

Zoning: G-I

This property is a 23,764 sf multi-tenant warehouse. Building has five drive in doors and 2 dock high doors. A wide paved drive around perimeter of building, provides easy access for large vehicles. Recently Seal Coated and Striped Parking Lot.

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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.

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Location: 1 North Broadway Street, Aurora, IL, 60505
THIS AUCTION IS CLOSED

Investment Opportunity: 17 Unit Mixed Use Building

Previously Valued To: $995,000

Suggested Opening Bid: $745,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2013 Taxes: $20,890.50

PIN #: 1522332017

Lot Size: Approx. 0.18 Acre

Total Building Size: Approx. 18,768 sf

Total Number of Units: 17

Zoning: B2

THE BUILDING HAS TWO ADDRESSES: 1 N. BROADWAY AND 100 EAST GALENA.

Attention investors: 100k annual net cash flow! 3 story mixed use building. 6 ground level retail units. 11 multi-family units including 4 one bedroom apartments and 7 studio apartments. The building includes 20 parking spaces.

Property directions are Route 25 to Broadway. Centrally located in downtown Aurora. One and a half blocks from the Paramount Arts Center to the east. Two blocks from the Hollywood Casinos front door. A mile and a half south of the Aurora Transportation Center and about 4 miles south of I -88.

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Location: 150 North Schuyler Avenue, Kankakee, IL, 60901
THIS AUCTION IS CLOSED

Owner/Operator Opportunity: Majestic Theatre & Office/Restaurants

Suggested Opening Bid: $699,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

2013 Taxes: $12,021

Building Size: 14,500 sf

Great opportunity for owner/operator to operate theatre along with owning the building or as an investor. Theatre operator will continue to operate. The approx. 8,300 sf Majestic theatre currently hosts weddings, banquets, office events and musical entertainment year round. There are 19 office/restaurant spaces that total 6,200 sf. Fully renovated within the last 5 years including new public restrooms, ADA elevators, new HVAC systems and more.

View Property Flyer (pdf)

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Location: 315-423 Brighton Street, LaPorte, IN, 46350
THIS AUCTION IS CLOSED

Industrial Redevelopment Opportunity

New Suggested Opening Bid: $650,000 (Reduced from $725,000)

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Total Lot Size: Approx. 8.1 Acres

Total Two Building Sizes: Approx. 280,000 sf

PIN #s & 2013 Taxes: 

46-06-36-135-026.000-43 - $3,930
46-06-36-135-025.000-43 - $552 
46-06-36-135-011.000-43  - $4,689 
46-06-03-135-005.000-43 - $141 
46-06-36-135-004.000-43 - $45 
46-06-36-135-003.000-43 - $870 
46-06-36-135-001.000-43 - $255 
46-06-36-135-006.000-43 - $192 
46-06-36-137-010.000-043 - $66 
46-06-36-137-009.000-043 - $219 
46-06-36-137-008.000-043 - $12 
46-06-36-137-023.000-043 - $342

Zoning: M2-Heavy Industrial

Parking Spaces: 100 On-Site

Two building, multi-tenant manufacturing and warehouse facility totaling approximately 280,000 SF on 15 contiguous city lots, with four additional lots used for parking. Roughly 200,000 SF is immediately usable and can be partitioned off from the remainder, which requires significant renovation. When renovation is completed, an owner-investor would have a landmark industrial property located at the base of the iconic LaPorte water tower and only minutes from I-80/90. The property is included within an Indiana Urban Enterprise Zone and tax credits may be available. Please refer tax credit questions to Mr. Tim Gropp, of the Greater LaPorte Economic Development Corporation, 219-324-8584.

Both buildings are plumbed for compressed air, have air compressors, and are fully sprinklered: the west building is a wet system, the east building is a dry system.  The buildings contain working freight elevators, are served by municipal utilities and are zoned M2-Heavy Industrial. Roofs, windows, common areas, and offices have been repaired or replaced in much of the property within the past two years. Additionally, both buildings have 8" concrete floors, metal halide and fluorescent lighting, and 10' to 14' ceiling heights.   Both buildings have a private phone system, and a computer network.  The two buildings offer 10 docks, seven grade-level doors, and 100 parking spaces. An inactive rail connection is also located on the property.
 
315 Brighton: 4 docks and 3-10' tall overhead doors. Electric is supplied by 4,000 Amps, 480 Volt/3-phase power. The building provides boiler heat.

423 Brighton: 6 docks and 4-10' tall overhead doors. Electric is supplied by 2,000 Amps, 480 Volt/3-phase power. 

Indiana Real Estate Broker's License: PB20702012

View Property Flyer (pdf)

Online Auction Terms and Conditions (pdf)

View Lease Flyer (pdf)

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Location: 10326 Joseph Campau, Hamtramck, MI, 48212
THIS AUCTION IS CLOSED

Portfolio Sale Retail & Mixed Use in Hamtramck, Michigan

Suggested Opening Bid: $650,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Properties:

Total Buildings Size: Approx. 55,956 sf

10016 Joseph Campau - 1 retail unit

2015 Taxes: $2,853.17

PIN #:41006020003000

10326 Joseph Campau - 3 retail units plus 4 apartments occupied & 2 unfinished (shell)

2015 Taxes: $7,591.68

PIN #:41382800019000

10200 - 10242 Joseph Campau  - 6 retail units

10200 – Polish Market
10212 – Sonali Grocery and Vacant (Family Medical Clinic)
10222 – Pro Discount
10238 – Detroit Threads
10242 – Law Offices

2015 Taxes:

PIN #:41006020008000 - $4,728.25

PIN #:41006020010301 - $4,644.75

PIN #:41006020011301 - $2,377.62

PIN #:41006020013000 - $2,120.36

PIN #:41006020014000 - $2,831.98

Portfolio consists of 10 retail stores on Joseph Campau, plus 6 apartments. 9 out of the 10 retail stores leased; 4 out of 6 apartments leased.

Hamtramck is mostly surrounded by Detroit except a small common border with the city of Highland Park, which is in turn surrounded by Detroit. Hamtramck lies about 5 miles from the center of Detroit. The I-75 freeway roughly runs along this city's western border and I-94 runs near its southern border.

Hamtramck, Michigan near Detroit https://en.wikipedia.org/wiki/Hamtramck,_Michigan 

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

View Property Flyer (PDF)

View Investment Details - 10016 (PDF)

View Investment Details 10200-10242 (PDF)

View Investment Details - 10326 (PDF)

View 2015 Assessment and Tax Information 10200-10242 (PDF)

View 2015 Assessment and Tax Information - 10326 (PDF)

View 2015 Assessment and Tax Information - 10016 (PDF)

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View Purchase and Sale Agreement (PDF)

 

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Location: McLean & Route 20, Elgin, IL, 60123
THIS AUCTION IS CLOSED

Commercial Development Opportunity in Elgin

Suggested Opening Bid: $600,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2014 Taxes:

PIN #: 06-22-327-012  $12,020.82

PIN #: 06-22-327-011  $ 732.58

Lot Size: Approx. 1.7 Acres

Zoning: NB (Neighborhood Business)

Commercial Development Opportunity with many possibilities.

Located at the corner of Mclean and Route 20 with great visibility from Route 20, across the street from Elgin Community College. 

View Property Flyer (PDF) 

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View Purchase and Sale Agreement (PDF)

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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

View Property Flyer (PDF)

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Location: 515 West Colfax, Palatine, IL, 60067
THIS AUCTION IS CLOSED

Fuel Station Plus Dispatch Building & Flex Building

Suggested Opening Bid: $600,000 


Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2014 Taxes:

$32,919.08 PIN #: 02-15-102-038

$7,308.10   PIN #: 02-15-102-043

Total Building Size: Approx. 8,590 sf

Lot Size: Approx. 30,000 sf

Zoning: M; Manufacturing

Formerly used as a wholesale distribution terminal, this property includes two buildings and a fueling station on approx. .69 acres with 300 feet of frontage along the southwest side of Colfax Street and approximately 100 feet of depth. 

The larger of the two buildings is an approx. 7,582 sf, two story, steel and masonry constructed flex building built in 1987. It features a foyer, a kitchen, 2 open office areas, conference room, small office on the west end, two rest rooms, a finished mezzanine storage area, main office, and 2 small offices on the second floor. This building has approximately 60% of finished office space and approximately 40% of warehouse space. The warehouse has skylights, a clear height of approximately 20 feet, and is served by one exterior truck dock and one, overhead drive-in door.

The second and smaller of the two buildings is an approx. 1,008 sf, one story dispatch building adjacent to the fueling station. It includes a drivers room, office, locker room and rest rooms.

The fueling station area features a large canopy, 12 fueling stations, and 8 underground fuel tanks. The surface parking lot includes spaces for 14 cars and 5 semi-trucks.

This property is located along the southwest side of Colfax Street, at Wanda Avenue in Palatine, Illinois.

View Property Flyer (PDF)

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Location: 3076 East 18th Road, Ottawa, IL, 61350
THIS AUCTION IS CLOSED

Dayton Ridge Golf Club

Suggested Opening Bid: $600,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Building Size: Approx.  3,100 SF

Lot Size: Approx. 60 Acres

2015 Taxes: $11,102.80

PIN #: 14-31-108-000

2015 Taxes: $ 72.72      

PIN #: 14-31-115-000

2015 Taxes: $ 65.44      

PIN #: 14-30-417-000

Zoning: A1; Agriculture

Dayton Ridge Golf Club, a public course that has been operating since 1962, offers a 9 hole golf course with second tee locations for those playing 18 holes. The 9-hole course features 3,050 yards of golf from the longest tees for a par of 36. The course rating is 35.1 and it has a slope rating of 116 on blue grass.

In addition to the golf course, this property includes a putting green; a practice chipping area; and a restaurant that operates year round and regularly hosts large parties.

Well located, adjacent to the city limits, this property can be annexed for development of residential homes and/or a senior living community. Zoning is currently A1 (Agricultural).

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

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View Purchase and Sale Agreement (PDF)

 

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Location: 1529 Rand Road, Des Plaines, IL, 60016
THIS AUCTION IS CLOSED

Building & Land Perfect for Redevelopment (Former Auto Showroom & Garage)

Minimum Bid: $575,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

2014 Estimated Taxes: $25,143.49

Building: Approx. 6,500 sf

Zoned C3

This property was previously being used as an auto showroom and garage. Located at the corner by the original McDonald's; a hard corner light with great visibility and a high traffic count. A perfect lot for potential redevelopment!

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Location: 7514-7520 Skokie Boulevard, Skokie, IL, 60077
THIS AUCTION IS CLOSED

Office Building

Suggested Opening Bid: $550,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoned B-2

Building: Approx. 15,750 sf

Acres: Approx. .56

The property consists of a single story, 7,800 RSF commercial property and a bi-level office building with 3,950 RSF per floor. The Property is an excellent adaptive re-use opportunity or  ground up development site for stand alone retail or commercial use.  Flexible zoning allows for a multitude of uses. 

PIN #: 10-28-408-025-0000    Taxes: $13,598

PIN #:10-28-408-026-0000     Taxes: $6,400

PIN #:10-28-408-027-0000     Taxes: $6,400

PIN #:10-28-408-028-0000     Taxes: $8,125

PIN #:10-28-408-029-0000     Taxes: $8,125

PIN #:10-28-408-030-0000     Taxes: $2,883

PIN #:10-28-408-031-0000     Taxes: $2,883

     Total Taxes: $48,414

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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

View Property Flyer (pdf)

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Location: 604 West Ludington Avenue, Ludington, MI, 49431
THIS AUCTION IS CLOSED

MOTEL: Ventura Motel in Ludington, Michigan

New Suggested Opening Bid: $550,000 (Reduced from $560,000) 


Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .62 Acres

2015 Taxes: $14,133

PIN #:  53-051-105-211-00

Zoning: M-R; Motel Resort District

Just two blocks from downtown Ludington, this motel features 25 rooms with king & queen beds, guest controlled heat, and air-conditioning, and some luxury rooms with heart-shaped in-room whirlpools. Room features: full Cable TV with HBO, refrigerator, freezer available for fisherman to store their catch.

Walking distance from marinas, boat launches, fishing piers, charter boats, two waterfront playgrounds, mini-golf, Stearns Park Beach on Lake Michigan, Ludington's North Breakwater lighthouse, shopping, dining, entertainment, downtown events like sidewalk sales, "Friday Night Live" and "Movies in the Park".

Cooperating Broker Licensed in the State of Michigan: Coldwell Banker License #6505354670; Louis Price License #6502354670

2015 P & L

Gross Sales: $180,300
Property tax: $14,133
Insurance: $4,970
Utilities: $20,190

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Location: 101 South First Street, West Dundee, IL, 60118
THIS AUCTION IS CLOSED

Riverfront Loft Office Building: 1 of 3 Adjacent Properties

All 3 Properties Previously Valued to: $1,800,000 

Suggested Opening Bid: $525,000

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

Buyer's Premium: 5%

2012 Taxes: $18,338

Lot Size: Approx. 0.49 acres

Building Size: Approx. 10,000 sf

Parking Spaces: 40 Outdoor (20 on property & 20 in adjacent municipal lot)

Zoned: B-1

The flexibility of this bright, spacious loft design lends itself to a variety of potential uses. Private glass offices and work stations surround a large, open mezzanine space that can adapt to business needs. Loft space can be used for production or other process, or can be configured into more offices. Two conference rooms and kitchens offer formal and informal meeting rooms. Potential uses: marketing & design, production, communications, call center, R&D, legal, accounting, search/outplacement firm, IT, fitness/rehab, catering, sports/piano bar/restaurant/theater/music venue.

This property, along with two adjacent properties, present an excellent retail development opportunity. 

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Location: 5625 Northwest Highway, Crystal Lake, IL, 60014
THIS AUCTION IS CLOSED

Redevelopment Opportunity: Retail Shopping Center

MULTIPLE PRE-AUCTION OFFERS RECEIVED. SUBMIT YOUR BID ASAP!

This is 1 of 3 properties available for individual or bulk purchase pre-auction (along with 1750-1794 Hintz Road, Wheeling, IL 60090 & 7150 Capitol Drive, Wheeling, IL 60090)

Previously Valued To: $3,400,000

Suggested Opening Bid: $500,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2013 Taxes: $72,812.64

PIN #: 19-09-126-006-0000

Lot Size: Approx. 6.36 Acres

Building Size: Approx. 65,450 sf

Zoning: B-2 PUD

Loading Docks: 6

Great redevelopment opportunity! Former grocery store. 

Just South of the property there is the Three Oaks Recreation Area located at 5517 Northwest Highway, (Originally called Vulcan Lake). The amenities are fishing, rentals of rowboats, canoes, kayaks, paddle boats, hiking, sledding, a 250 acre beach with swimming, picnicking, playground, splash park, paddle boarding and scuba diving. For more information click on the link: www.crystallake.org/residents/three-oaks-recreation-area .  

Centrally located in a bustling retail corridor that spans 2.5 miles and has a huge trade area. Nearby retail includes Big Lots, Sam' s Club, Target, Jewel, Dominick' s, Kmart, Home Depot, Kohls, Marshalls, and many others.

Over 27,000 VPD on NW Highway.

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Location: 1750-1794 West Hintz Road, Wheeling, IL, 60090
THIS AUCTION IS CLOSED

Retail Shopping Center (Former Grocery Store)

MULTIPLE PRE-AUCTION OFFERS RECEIVED. SUBMIT YOUR BID ASAP!

This is 1 of 3 properties available for individual or bulk purchase pre-auction  (along with 5625 NW Highway, Crystal Lake, IL 60014 & 7150 Capitol Drive, Wheeling, IL 60090)

Previously Valued To: $3,700,000

Suggested Opening Bid: $500,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

2013 Taxes: $200,940.70

PIN #: 03-09-303-007-0000

Lot Size: Approx. 3.74 Acres

Building Size: Approx. 46,262 sf

Zoning: B-3

Rental Income: $10,032.08/mo.

This retail shopping center has 12 divisible units, including a vacant former grocery store and 2 leased units (tenants are Liquor Island and Hintz Laundromat).

This property is located on the NE corner of Hintz Road in Wheeling.

View Property Flyer (PDF)

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View Rent Roll (PDF)

View Liquor Island Lease (PDF)

View Liquor Island Amendment (PDF)

View Hintz Laundromat Amendment MTM (PDF)

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View Online Auction Terms and Conditions (PDF)

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Location: 7150 Capitol Drive, Wheeling, IL, 60090
THIS AUCTION IS CLOSED

Industrial/Flex Building

MULTIPLE PRE-AUCTION OFFERS RECEIVED. SUBMIT YOUR BID ASAP!

This is 1 of 3 properties available for individual or bulk purchase pre-auction (along with 1750-1794 Hintz Road, Wheeling, IL 60090 & 5625 NW Highway, Crystal Lake, IL 60014)

Previously Valued To: $3,600,000

Suggested Opening Bid: $500,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

2013 Taxes: $108,320.53

PIN#: 03-14-407-007-0000

Lot Size: Approx. 2.10 Acres

Building Size: Approx. 34,650 sf

Loading Docks: 3 truck docks, 1 drive-in door

Zoning: I-1

Originally custom built for the seller at a cost of $3,600,000, this industrial/flex building is approx. 34,650 sf total, including 4,703 sf of office space (expandable), 24,771 sf of warehouse, and 5,179 sf of air conditioned processing/manufacturing space. 24 ft ceiling heights. Property includes 77 parking stalls, which could also be expanded. 1200 AMPS, 277/480V, 3-phase, 4-wire. The most recent use of this building was a Party Fantasy Raceway. The raceway track was located in the warehouse portion of the building; other areas of the building include a climbing wall, cafeteria, numerous rooms/offices previously used for birthday parties, public bathrooms, and an executive office with private, full bath. Raceway FF&E is available and on site. Vacant since June 2014.

Located on Capitol Drive at the NW corner of Wolf and Palatine Road, across from the Chicago Executive Airport.

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Location: 1345 North State Street, Belvidere, IL, 61008
THIS AUCTION IS CLOSED

Motel: Budget Inn & Single Family Home

New Minimum Bid: $500,000 (Reduced from $525,000) 

Buyer's Premium: 6%

Cooperating Broker's Commission: 2% 

Lot Size: Approximately 2.096 Acres

2014 Taxes: 

$12,058.74 PIN # Motel: 05-23-326-033

$529.92 PIN # SFH:   05-23-326-026

Zoning:  B-2 County; General Business Belvidere

Approximately 2.096 Acres; 15 room motel: 2 with king size beds; 7 with single full size beds, new mattresses, 4 of the rooms have flat screen TVs; 1 queen size bed suite; 1 with 2 full size beds; 2 with queen size beds, brand new flat screen TVs, new mattresses; new carpeting; all rooms have a small refrigerator and microwave; 10 rooms with brand mattresses; all rooms with commercial grade A/C & heating wall units; water heater; digital phone system.

Single family home approx. 1,000 sf; 2 bedrooms, 1 bath and full basement.

Located next to McDonalds on North State Street across from O'Reilly Auto-Parts, 1/2 miles from the Boone County fairgrounds, 1 1/2 miles from Chrysler assembly plant, 2 miles from Green Giant/General Mills plant.

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

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Location: 1817-29 South 55th Avenue, Cicero, IL, 60804
THIS AUCTION IS CLOSED

Two Industrial/Storage Buildings

Suggested Opening Bid: $495,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2% 

Building Size: Approx. 48, 688 sf 

Lot Size: Approx. 65,000 sf 

2014 Taxes: $73,358.78

PIN #: 16-21-306-006-0000

PIN #: 16-21-306-007-0000

PIN #: 16-21-306-029-0000

Zoning: M-3

Two Industrial buildings with 10 units in total. Currently used for light industrial, office, storage and auto repair. Each unit has an office and bathroom and a kitchenette. The offices have heat and A/C; the warehouses have unit heaters supported from the ceiling and gas heat. Each unit has its own separately metered gas and electric; the electric service is approx. 10 years old. One unit has only a bathroom and kitchenette. 10 rental spaces: unit 1 approx. 4,800 sf; unit 2 approx. 3,200 sf; unit 3 approx. 5,144 sf; unit 4 approx 2,400 sf; unit 5 & 6 approx. 7,200 sf; unit 7 approx. 4,800 sf; unit 8 approx. 4,200 sf; unit 9 approx. 4,200 sf; unit 10 approx. 8,600 sf; total rentable spaces approx. 44,544 sf; common area approx. 4,144 sf; total under roof approx. 48,688 

The property is located near the southern end of 55th Avenue; close to I-290 and I-55.

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Location: 5201 North Harlem Avenue, Chicago, IL, 60656
THIS AUCTION IS CLOSED

Investment Opportunity Approx. 6,000 SF Multi Tenant Office Building

Suggested Opening Bid: $495,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 6,000 sf

Lot Size: Approx. 3,036 sf

2015 Taxes: $6,428.47

PIN #: 13-07-130-008-0000

Investment opportunity approx. 6,000 sf solid brick and stone building with great exposure on the northeast corner of Harlem Avenue and Foster. 90% leased.

New air conditioner 2015; new boiler 1998; updated electric; remodeled bathrooms; roof resurfaced 2003; newer ceramic tile entry foyer; newer landscaping & shrubbery.

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

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Location: 1515 Busha Highway, Marysville, MI, 48040
THIS AUCTION IS CLOSED

Office Building in Marysville, Michigan

Suggested Opening Bid: $450,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 55,653 sf

2014 Taxes: $53,154.21

PIN #: 03-051-0010-000

Zoning:  M-1; Light Industrial District

Built in 1985 and renovated in 1992 this approx. 55,653 sf corporate office building has approx. 235 car parking spaces. R&D labs with truck dock & grade door access. Located less than 1.5 mile to I-94.

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

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View Partial First Floor Plan (PDF)

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Location: 750 West IL Route 173, Antioch, IL, 60002
THIS AUCTION IS CLOSED

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

SOLD

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: 8020 South King Drive, Chicago, IL, 60619
THIS AUCTION IS CLOSED

Free Standing Commercial Building

New Minimum Bid: $400,000 (Reduced from $456,500)

Buyer's Premium: 5% of the winning bid or $2,500, whichever is greater

Cooperating Broker's Commission: 2%

2013 Taxes: $14,939.74

Lot Size: 0.43 Acres

Building Size: 10,000 sf

Zoned: B3-2

The free standing commercial building is situated in the Chatham community. The property has 10,000 sf under roof. There are two businesses currently in operation, as well as a banquet hall that accommodates 100 people. There are 2 fully operational commercial kitchens, both with hood & fire extinguisher, 9 burner oven and large sink. The property is in excellent condition-improvements include rubber roof, electrical and plumbing upgrades.

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Location: 3061 E Van Buren, Eureka Springs, AR, 72632
THIS AUCTION IS CLOSED

Hotel: Ozark Swiss Inn of Eureka Springs, Arkansas

Minimum Bid: $390,000

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

Lot Size: Approx. 11.44 Acres

Building Size: 21,680 SF

Rooms: Approx. 50

2014 Taxes: 

PIN #: 925-01854-000 - $6,634.87

PIN #: 013102 - $623.01

Zoning: C-2

Approx. 50 room hotel with a recently remodeled lobby and new roof located in the city limits of Eureka Springs, Arkansas. Amenities include: huge swimming pool with new equipment; fire pit with sitting area; new commercial washer & dryer; one set of coin operated washer and dryer; some new H/A units; three 1,000 gallon water heaters; plenty of parking for guests and tour buses; and the capacity to accommodate large groups.  

Rooms include: 5 Jacuzzi suites; 4 family suites; some connecting rooms; 3 bedroom living quarter with kitchen, 2 living areas, and 2 full baths. Rooms feature: new mattresses; quality bedding, linens & pillows; new refrigerators; and electric fire places.  

Located in the city limits of Eureka Springs Arkansas.

Cooperating Broker Licensed in the State of Arkansas: Salmonsen Group Realtors at Keller Williams Market Pro Realty; Tim Salmonsen License #EB00066512

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

View Property Flyer (PDF)

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Location: 1720 Green Bay Road, North Chicago, IL, 60064
THIS AUCTION IS CLOSED

Commercial Development Opportunity in North Chicago

Suggested Opening Bid: $375,000

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

Lot Size: Approx. 3.75 Acres 

2014 Taxes 

$8,577.68  PIN #: 08-31-400-014

$3,922.99  PIN #: 08-31-400-013

Zoning: B-2; General Business 

Approx. 3.75 Acres, build-to-suit redevelopment.

Close to Fountain Square and Amhurst Lake Business Park. 

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Location: 2816 Mitchell Road, Bedford, IN, 47421
THIS AUCTION IS CLOSED

MOTEL: Budget Inn Bedford, Indiana

Suggested Opening Bid: $375,000

Buyer's Premium: 10%

Cooperating Commission: 2%

Lot Size: Approx. 1.18 Acres

Motel: 20 rooms

Pin # 11-005048-00

Zoning: B-2

This currently operating motel has 20 rooms consisting of 10 one bedroom, 9 two bedroom, and 1 three bedroom with a manager's apartment with approx. 1,634 sf including a kitchen, living room, two bedroom and two bath. There is a basement of approx. 706 sf used as a storage.

Located in the southern portion of the city of Bedford. The City of Bedford, Indiana is the seat of Lawrence County. Bedford is within easy traveling distance of other large cities such as: Indianapolis (77 miles); Terre Haute (85 miles); Louisville, Kentucky (70 miles); Cincinnati, Ohio (128 miles) and Evansville (113 miles).

In cooperation with Indiana Real Estate License #RB14032403

2015 P & L

Gross Sales: $133,490

2015 Property Taxes: $13,817

Utilities: $20,645

Insurance: $3,290

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

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Location: 9340 South Kedzie Avenue, Evergreen Park, IL, 60805
THIS AUCTION IS CLOSED

Flex Industrial Building in Evergreen Park

Suggested Opening Bid: $371,400 


Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2014 Taxes:

$7,743.71 PIN #: 24-02-423-015-0000

$31,315.63 PIN #: 24-02-423-018-0000

Building Size: Approx. 8,500 sf

Lot Size: Approx. 0.51 Acres

Zoning: C; Commercial

Approx. 8,500 sf flex industrial building, features approx. 1,938 sf of office and showroom, a large triangular parking lot with 15 spaces for customers and employees. The drive-through warehouse portion of the building features 14' ceilings and 3 drive-in doors. The 2nd floor office space has a separate entrance for a potential income producing suite.

Located on Kedzie Avenue with 285' of street frontage along the busy (over 21,000 VPD) Kedzie Avenue thoroughfare in Evergreen Park just one block north of 95th Street. The South Suburban community of Evergreen Park features other nearby popular retailers such as Meijer, Ross, Michael's, Menards, Sam's Club and Wal-Mart. In addition, the property sits between the newly renovated 298 bed Little Company of Mary Hospital and the 684 bed Advocate Christ Medical Center. 10 minutes from the busy 95th and Cicero Avenue intersection and 20 minutes away from Midway International Airport.

Seller is asking for 30-60 days to vacate premises. 

Property Flyer (PDF)

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Location: 11312 East Main, Huntley, IL, 60142
THIS AUCTION IS CLOSED

Approx. 2.08 Acres Commercial Vacant Land in Huntley

Suggested Opening Bid: $350,000

Buyer's Premium: 6%

Cooperated Broker's Commission: 2%

Lot Size: Approx. 2.08 Acres

2015 Taxes: $11,745.00

PIN #: 18-33-226-006

Zoning:  B-2 PUD - Highway Service Planned Unit Development

Approx. 2.08 Acres vacant land.  Located at the southwest corner of the intersection of East Main Street and the recently realigned Huntley-Dundee Road.

Economic incentives are provided by the Village of Huntley on a case by case. Visit http://huntleyfirst.com for more information.

View Property Flyer (PDF)

View Landmark Pointe Plan (PDF)

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Location: 2011 E. 75th Street, Chicago, IL, 60649
THIS AUCTION IS CLOSED

Medical Office Building in Chicago

Suggested Opening Bid: $350,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 22,500 sf

Lot Size: Approx. 18,750 sf

2015 Taxes: $12,901.44

PIN #: 20-25-400-037-0000

Approx. 22,500 sf one-story building with lower level. 150-foot frontage on 75th. 17 parking spaces located in the rear of the building. Ideal for medical practice or satellite operation for hospital. 

Near South Shore High School. One half  block to 75th Street and Jeffrey at a signalized intersection.

***FOR A SHOWING CONTACT IVAN BOONE AT 312-213-0709***

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View Purchase and Sale Agreement (PDF)

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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: 5837 South Ashland Avenue, Chicago, IL, 60636
THIS AUCTION IS CLOSED

Industrial Redevelopment Opportunity

Minimum Bid: $299,000

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

Buyer's Premium: 5%

Total Lot Size: Approx. 1.04 Acres

Building Size: Approx. 22,000 sf

Ceiling Height: 20 ft

Zoning: M1-2

Brick and steel construction, former crane building built in 1950's. Total site is 45,401 SF improved with a 22,000 SF manufacturing facility. Large, unimproved land area available for immediate redevelopment.

This is an outstanding opportunity to secure more than an acre of development land extending from Ashland to Justine and 58th Street to 59th Street. Ideal re-development opportunity!

Excellent frontage along Ashland Avenue, Justine Street and 59th Street. The property surrounds the north east corner of 59th and Ashland  The properties immediately south and west of the subject property can also be made available for purchase. Located within the 63rd / Ashland TIF District. the site is an attractive re-development site that would benefit form City of Chicago assistance and cooperation.

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Location: 807 South Highway 75, Sabetha, KS, 66534
THIS AUCTION IS CLOSED

Koch Motel in Sabetha, KS

Minimum Bid: $285,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: 1.80 Acres

Rooms: 27

2016 Taxes: $8,903.44

PIN #: 081-12-0-10-01-017.00-0-01

This currently operating motel has 27 rooms with 1 extra room in the main office. Located on the property is a home with 4 rooms plus a kitchen, dining room, full bathroom, laundry room, basement, 1 car attached garage, and a night office. Includes security cameras on the property. Property was sold in 2015/2016 (no financials available), motel was closed in November 2016 through January 2017 due to family wedding in seller's country. Currently a U-Haul dealership receiving commissions on rentals.

Sabetha is located approx. 35 miles north of the Casino area, which is vibrant and growing. They're drawing business from Kansas City, Topeka, and Saint Joseph, Kansas. It is also on the eastern edge of some of the best pheasant hunting in the country.

Rooms:

3 Beds (2 Full & 1 Queen): 1 Room
1 Full Bed: 9 Rooms
1 Queen: 11 Rooms
2 Full Beds: 4 Rooms
2 Queens Beds: 2 Rooms

Features and Amenities:

Refrigerator
Microwave
Wireless Internet Service
Direct TV

Nearby, Off-Site Recreational Activities, Store, Restaurants:

New Aquatic Public Park (Behind Motel)
Sac And Fox Casino, Powhattan, KS
Golden Eagle Casino, Horton, KS
Casino White Cloud, White Cloud, KS
Albany Historical Museum
Garrett Country Mart
Pizza Hut
Subway
Panda Kitchen

Sabetha is located in the northeast corner of Kansas situated in both Nemaha and Brown Counties. The central location makes Sabetha an ideal trade location. It is approximately 60 miles north of Topeka on U.S. Highway 75 and 90 miles south of Omaha, Nebraska. St. Joseph, Missouri is approximately 60 miles east on U.S. Highway 36. Kansas City International Airport is 90 miles southeast.

Nearby schools: Sabetha Elementary School, Sabetha Middle School, Sabetha High School.

Keyston XL Pipeline work has been started.

Offered in cooperation with Kansas Real Estate License #BR00052095 

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

Local and Town Information

http://www.cityofsabetha.com/

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Location: 7000-28 S South Chicago, Chicago, IL, 60637
THIS AUCTION IS CLOSED

BANK OWNED: Commercial Industrial Building

Multiple Pre-Auction Bids Received. All Best and Final Pre-Auction Bids Due by Close of Business on June 10, 2015

Minimum Bid: $282,240

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2013 Taxes:

$6,020.22 PIN #: 20-22-423-002-0000

$11,245.13 PIN #: 20-22-423-003-0000

$2,133.91 PIN #: 20-22-423-004-0000

$1,620.89 PIN #: 20-22-423-005-0000

$24,839.17 PIN #: 20-22-423-053-0000

$  2,129.19 PIN #: 20-22-423-007-0000

Lot Size: Approx. 50,275

Building Size: Approx. 32,175

Zoning: M1-2 Restricted Manufacturing District

The building consists of two (2) one-story, part masonry and primarily corrugated steel constructed, free-standing warehouse use buildings has approx. 32,175 square feet of building area. The two buildings are situated on approx. 50,275 square foot interior site. Both buildings have an average warehouse ceiling height of approx. 22-feet and, fire-safety sprinklers, approx. 25 foot warehouse bay size and 3 truck height doors.

View Property Flyer (PDF)

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Location: 6943-45 South Indiana, Chicago, IL, 60637
THIS AUCTION IS CLOSED

Multi-Family Building on South Indiana in Chicago

Minimum Bid: $280,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 6,210 sf

Lot Size: Approx. 6,250 sf

2015 Taxes: $4,968.89

PIN #: 20-22-317-004-0000

Zoning: R-3

This brick, 6 unit has 3 bedrooms, and 1 bathroom in each unit (4 units are occupied and 2 are vacant). 

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

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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. 

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Location: 89-93 West Main Street, West Dundee, IL, 60118
THIS AUCTION IS CLOSED

Riverfront Office/Retail Storefront: 1 of 3 Adjacent Properties

All 3 Properties Previously Valued to: $1,800,000

Suggested Opening Bid: $250,000

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

Buyer's Premium: 5%

2012 Taxes: $14,106

Lot Size: Approx. 0.13 acres

Building Size: Approx. 5,000 sf

Zoned: B-1

This two-story storefront building is adaptive to many business uses. The first floor has one storefront office/retail and two offices. The second floor offers four office suites. Municipal parking lots nearby.

In the heart of downtown West Dundee, just steps from shops, restaurants, the entertainment district and riverfront promenade.

This property, along with two adjacent properties, present an excellent retail development opportunity.

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Location: 201 Penny Avenue, East Dundee, IL, 60118
THIS AUCTION IS CLOSED

Medical/Professional Office Facility

Suggested Opening Bid: $250,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2014 Taxes: $16,670.56 

PIN #: 03-23-329-030 

Lot Size: Approx. .71 Acres

Zoning: B2

Two-story professional building with ample parking. Residential setting with view of trees. Nearby restaurants & shops. Low Kane County taxes.

Suite 100: 1st floor, front of building (formerly Sherwin Medical); Waiting area, receptionist area, kitchenette, 5 exam rooms or offices, 2 bathrooms

Suite 200: 1st floor rear of building; 8 Offices; 2 bathrooms 

Suite 300: 2nd floor, front of building; Former Dentist Office (Dundee Dental Center); 8 Offices; 2 bathrooms, all equipment 

Suite 400: 2nd floor rear of building;   Former Law Office, 8 Offices, 2 bathrooms

I-90 to Rt. 25. North on Rt 25 to Rt72. West on Rt 72 to Rt 68.

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

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Location: 1011 South Main Street, Altamont, IL, 62411
THIS AUCTION IS CLOSED

Approx. 1.71 Acres Commercial Land in Altamont, IL

Suggested Opening Bid: $250,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1.71 Acres

2014 Taxes: $6,651

PIN #: 09-17-020-001

Zoning: B-3; Highway Business District

Former Marathon Gas Station. Excellent interstate location, just off of Exit 82, across the street from McDonalds. North of Interstate 70, East side of South Main Street.

View Property Flyer (PDF)

View Google Map (PDF)

View IEPA Letter 070215 (PDF)

View Public Hearing TIF District 120815 (PDF)

View Marlin Corrective Action TACO Plan 060815 (PDF)

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Location: Lot 14 Village Center Parkway, Montgomery, IL, 60538
THIS AUCTION IS CLOSED

Bank Owned Fully Improved Commercial Lot

Previously Valued to: $425,000

New Minimum Bid: $225,250 (Reduced from $330,000)

Cooperating Broker's Commission: 2%

Buyer's Premium: The Greater of 5% or $2,500

2013 Taxes: $0

PIN # 03-04-227-028

Lot Size: Approx. 1.22 Acres

Zoning: B-2

Fully improved lot zoned B-2. 1 building off of Douglas Road at corner of Village Center Parkway and Seasons Ridge Blvd. Adjacent to US Post Office, Grandview Townhouses, across street from Walgreen's, Hollywood Video. Easy access to high retail traffic and fronting substantial residential development.

Corner of Seasons Ridge Blvd. and Village Center Parkway. 1 block North of US Rt. 30/Douglas Rd. intersection.

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Location: 4300 West Adams Street, Chicago, IL, 60624
THIS AUCTION IS CLOSED

Mixed Use

Suggested Opening Bid: $225,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

Building Size: Approx. 4,848 sf

Store at Street Level

2 Apartment Units Above

Rental Income: $2,407/month

This property is part of a larger investment portfolio, which is available for pre-auction purchase, in part or in bulk. Click here to view the financial analysis. 

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Location: 7001-7019 South Chicago, Chicago, IL, 60637
THIS AUCTION IS CLOSED

BANK OWNED: Commercial Industrial Building

Multiple Pre-Auction Bids Received. All Best and Final Pre-Auction Bids Due by Close of Business on June 10, 2015

Minimum Bid: $204,120

Buyer's Premium: 5% 

Cooperating Broker's Commission: 2% 

2013 Taxes:

$14,936.66 PIN #: 20-22-424-001-0000
 
$4,978.82 PIN #: 20-22-424-002-0000

Lot Size: Approx. 30,000 sf

Building Size: Approx. 31,500 sf

Zoning: M1-2 Restricted Manufacturing District 

The building is a 2-story, masonry constructed office/warehouse building containing  approx. 31,500 sf and is situated on a approx. 30,000 sf site at the southeast corner of 69th Place and South Chicago Avenue. The average warehouse ceiling height is approx. 17-foot, 18 foot bay size in the warehouse, and one interior truck dock.

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Location: 804 Roundabout, West Dundee, IL, 60118
THIS AUCTION IS CLOSED

Office Building in West Dundee

Suggested Opening Bid: $200,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2014 Taxes: $11,746.48

PIN #: 03-27-128-035

Lot Size: Approx. 20,000 sf

Building Size: Approx. 5,200 sf

Zoning: B-3

This custom built office building has approx. 2,600 sf on each floor. 1st and 2nd floor offices and full basement for storage or potential space. Each floor has a separate furnace and A/C.

Located adjacent to Route 31, just South of Route 72, less than a mile from Spring Hill Mall.  

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Location: 9930 Derby Lane, Westchester, IL, 60154
THIS AUCTION IS CLOSED

Free-Standing Office Building with Dock in Westchester, IL

SOLD

Suggested Opening Bid: $200,000

Buyer's Premium: 6%

Cooperating Broker' Commission: 2%

Building Size: Approx. 12,000 sf

Lot Size: Approx. 0.31 Acres

NOI: $51,274.00

2015 Taxes: $37,455.85

PIN #: 15-21-200-038-0000

Zoning: I - Industrial

This 85% leased, rare West Cook County opportunity is ideal for an owner/user. Free-standing office building consists of 7 suites with a loading dock and an 800 sf storage area. On-site parking spaces for 18 vehicles (on the side opposite the loading dock with the shed there are approximately 6; on the side with the loading dock there are approximately 6; on the back of the building there are approximately 6 in back, one is handicapped). 2010 renovations include new windows, common area renovations, new carpet and paint. 

Centrally located near I-290 and I-294. Located ½ block south of Roosevelt Rd (Rt 38) on Derby Lane, east of Mannheim Rd.

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View Plat of Survey (PDF)

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Location: 742 North Lake Street, Mundelein, IL, 60060
THIS AUCTION IS CLOSED

Commercial Vacant Land in Mundelein

Previously Valued to: $299,000

New Minimum Bid: $199,000 (Reduced from $225,000)

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoning C-5-C

Lot Size: Approx. 0.88 Acre

PIN #: 10-24-405-073-0000

Approx. 0.88 acre corner lot location just one block north of Rt 176 & Rt 45. C-2 zoning allows for many uses.

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Location: 5752-5758 West Addison Street, Chicago, IL, 60634
THIS AUCTION IS CLOSED

Approx. 7,722 SF Retail/Office in Chicago

SOLD

Minimum Bid: $189,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2% 

Building Size: Approx. 7,722

2015 Taxes: $22,429.27

PIN #: 13-20-230-018-0000

One story building with partial second story consisting of a  mezzanine office space (approx. 323 sf); first floor office space (approx. 2,800 sf); second floor party room (approx. 1,120 sf); and a warehouse/store (approx. 3,479 sf) which is currently occupied by a month to month tenant (tenant pays utilities).

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

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Location: 20960 S. 78th Avenue, Frankfort, IL, 60423
THIS AUCTION IS CLOSED

Approx. 2.15 Acres Commercial Land in Frankfort

Suggested Opening Bid: $175,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2015 Taxes: $3,709.74

PIN #: 19-09-24-100-033

Zoning: C-2

Approx. 2.15 acres vacant land. Perfect location for medical, office condos, sports facility, daycare, multi family or townhomes or senior apartment developments.

Located 2 miles South of I-80 and a half mile from Harlem Avenue.

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENT: 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: 13245 West Lincoln Highway, New Lenox, IL, 60451
THIS AUCTION IS CLOSED

BANK OWNED: Commercial Vacant Land

Minimum Bid: $168,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2013 Taxes: $6,109.46

PIN #: 15-08-23-105-020-0000

Lot Size: Approx. 1.79 acres

Zoning: C-2 (Commercial Shopping District)

Approx. 1.79 acres of vacant land. 

Located on the south side of Lincoln Highway (Route 30) in between S Spencer and S Anderson Road in New Lenox.

The average daily traffic count at the site is 20,200.

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Location: 7716 West 26th Street, North Riverside, IL, 60546
THIS AUCTION IS CLOSED

Office Building in North Riverside

New Minimum Bid: $150,000 (Reduced from $175,000)

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

Building Size: Approx. 1,901 sf 

Lot Size: Approx. 6,250  sf 

2014 Taxes: $7,735.90

PIN #:  15-25-130-045-0000 

Zoning: B-1

A single-story masonry built split-level building with approx. 1,901 sf plus approx. 900 sf finished basement, formerly a dental practice. The building has 5-6 offices, reception area, 2-HVAC systems, 2-car garage, plus 3 exterior parking spots in the rear.

Located just West of North Riverside Park Mall and Costco, 12 Miles from the City of Chicago.

13,800 Daily Traffic Count.

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Location: 525 South Tyler Road, Unit O, St. Charles, IL, 60174
THIS AUCTION IS CLOSED

Office Condo in Tyler Ridge Business Park, St. Charles

New Minimum Bid: $139,000 (Reduced from $150,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Unit Size: Approx. 1,890 sf

2014 Taxes:

PIN #: 09-26-378-016-0000 - $2,376.48

PIN #: 09-26-378-018-0000 - $2,541.82

Zoning: M-2; Limited Manufacturing District

Approx. 1,890 sf office condo, Unit O in Tyler Ridge Business Park. Floor plan includes 3-4 private offices, kitchen area, 2 open admin areas, plus small storage space in back. Rear dock-height overhead door with potential access to back room.

Located on the east side of St Charles, just 1/4 mile south of IL Route 64 (Main Street). Easy access to Kirk Road (Farnsworth) via Tyler Road.

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Location: 49 West 950 Route #64, Maple Park, IL, 60151
THIS AUCTION IS CLOSED

Commercial Land in Maple Park

Suggested Opening Bid: $135,000

Buyer's Premium: 5%

Cooperating Broker's Commission: 2%

2014 Taxes: $3,973.12

PIN #: 07-08-100-013

Lot Size: Approx. 1.92 Acres

Zoning: B-3

Redevelopment opportunity, approx. 1.92 Acres; previously was a Motel, demolished in 2010.

Located 5 miles east of Sycamore and 5 miles west of Route # 47 on North Ave (Route # 64).

Contact the Kane County Zoning Department to discuss your anticipated use; Keith or Brook at 630.444.1236. 

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Location: 2704 Broadway Street, Rockford, IL, 61104
THIS AUCTION IS CLOSED

Office Building

Suggested Opening Bid: $120,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoning C-2

Building: 10,127 sf

2 story building with a total of 5 built out office spaces. Includes 12 parking spaces with additional street parking.

1 Unit: Currently Leased ($1100/mo.); Lease Exp. June 2014

1 Unit: Currently Leased ($1000/mo.); Lease Exp. June 2014

1 Unit: Currently Leased ($650/mo.); Month to Month

2 Units: Vacant; One is 800 sf with 2 private offices, and the other is 1200 sf with several private offices and a conference room.

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Location: 99 West Main Street, West Dundee, IL, 60118
THIS AUCTION IS CLOSED

Riverfront Free Standing Building: 1 of 3 Adjacent Properties

All 3 Properties Previously Valued to: $1,800,000

Suggested Opening Bid: $100,000

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

Buyer's Premium: 5%

2012 Taxes: $2,405

Lot Size: Approx. 0.09 acres

Building Size: Approx. 1,000 sf

Parking Pad

Zoned: B-1

This accessible free-standing building has any number of potential uses, among them: retail, office, coffee shop, bakery, etc. Parking pad for building. In the heart of downtown West Dundee, just steps from shops, restaurants, the entertainment district and riverfront promenade.

This property, along with two adjacent properties, present an excellent retail development opportunity. 

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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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Location: 333 Bosserman Street, La Porte, IN, 46350
THIS AUCTION IS CLOSED

Approx. 15,700 SF Office Building in La Porte, IN

New Suggested Opening Bid: $99,500 (Reduced from $150,000)

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 2.07 Acres

Building Size: Approx. 15,700 sf

2015 Taxes: $5,616

PIN #: 46-06-36-204-006.000-043

Built in 1959, this approximately 15,700 sf, two-story office building includes a very large parking lot with 75+ spaces in the rear. Located in the manufacturing area off of highway IN-39, it is within the La Porte Urban Enterprise Zone.

The building interior features a reception area; general and private office space; conference rooms; four bathrooms; and an unfinished basement. The 1st floor layout includes reception; a large storage room; 7 perimeter offices, 2 interior offices and a large, open center area. The 2nd floor layout includes 15 perimeter offices with a large, open center area; a kitchen; a conference room; and restrooms.

The building has recessed fluorescent light fixtures, painted drywall, acoustic tile ceiling, forced-air furnaces and central air conditioning. Additional features include an elevator and security system with swipe/code entry system. It is constructed with a concrete slab foundation, exterior walls of concrete brick and block, a pitched rubber roof, insulated masonry, and metal and wood structural components. It is equipped with 1,000 ampere, three phase, four-wire electric service and is served by municipal utilities.

**Please note: the HVAC system is not currently working and all water & electrical in the building is turned off.

In cooperation with Indiana Real Estate License #RB14030173, Joshua Vida, Paradigm Realty Solutions, LLC

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Location: Route 52 & Frontage Road, Shorewood, IL, 60404
THIS AUCTION IS CLOSED

Bank Owned Vacant Land at Route 52 & Frontage Road

Minimum Bid: $93,000

Cooperating Broker's Commission: 2%

Buyer's Premium: The Greater of 5% or $2,500

2012 Taxes: $826.50

Lot Size: 5 Acres

Zoning: ORI (Office, Research, & Light Industrial District)

APN #: 050615301011, 050615301012

Subject property is 5 acres of unimproved land located on I-55 SE Frontage Rd, between US 52 to the north and County Farm Rd to the south. The land is zoned ORI. Shorewood is a village in Troy Township, Will County, Illinois. In recent times, Shorewood has grown from its original cottage town beginnings to a developed suburb. Complete with the quintessential suburban home, sidewalks, parks, and sledding hill, Shorewood is also known for its vast population growth.

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Location: 1 East & 1 1/2 East Market Street, Shannon, IL, 61078
THIS AUCTION IS CLOSED

Mixed Use

Suggested Opening Bid: $52,000

Cooperating Broker’s Commission: 2%

Buyer’s Premium: 5%

Building: 2,400 sf

First floor commercial retail space with window front. 1,600 sf showroom, office area, work room set up with three phase electric, bathroom, extra sink area and attached garage.

Upstairs apartment is a 4 bedroom, 1 bath and includes 2 walk-in closets, kitchen, laundry room and wood deck.

1 East Market: Currently Leased ($400/mo.); Lease Exp. November 2014.

1 1/2 East Market: Currently Leased ($500/mo.); Lease Exp. November 2014.

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Location: 13417 South Halsted, Riverdale, IL, 60827
THIS AUCTION IS CLOSED

Bank Owned Industrial Property

Minimum Bid: $75,000

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

Buyer's Premium: The Greater of 5% or $2,500

Lot Size: Approx. 2.2 acres

Building Size: Approx. 48,000 sf

Zoning: I-1 Restricted Industrial 

The property consists of two, one story, brick masonry constructed, industrial warehouses with offices. The combined area of the buildings is approx. 48,194 sf. Building One is 17,886 sf, the office area being 11% of the building or 1,920 sf. Building Two is 30,308 sf, the office being 3% or 1,040 sf. 

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Location: 10801-11 South Halsted, Chicago, IL, 60628
THIS AUCTION IS CLOSED

BANK OWNED: Commercial Building

Multiple Pre-Auction Bids Received. All Best and Final Pre-Auction Bids Due by Close of Business on June 10,2015.

Minimum Bid: $71,680 

Buyer's Premium: The Greater of 5% or $2,500 

Cooperating Broker's Commission: The Greater of 2% or $500 

2013 Taxes:

$1,669.56 PIN #: 25-16-308-039-0000

$48,188.56 PIN #: 25-16-308-001-0000

Lot Size: Approx. 18,310 sf

Building Size: Approx. 9,386 sf

Zoning: B3-1; Community Shopping District

1-story, corner site, multi tenant, approx. 9,386 sf, masonry constructed,  Occupied by one tenant, H & R Block Enterprises, LLC.

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Rent Roll (PDF)

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Location: 1721 North Western Avenue, Unit 1, Chicago, IL, 60647
THIS AUCTION IS CLOSED

Retail Storefront on Western Avenue in Chicago

SOLD

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

Zoning: B3-2

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: 15601 Will-Cook Road, Orland Park, IL, 60462
THIS AUCTION IS CLOSED

Bank Owned Vacant Land (Wetlands)

Minimum Bid: $65,000

Cooperating Broker's Commission: 2%

Buyer's Premium: The Greater of 5% or $2,500

Lot Size: Approx. 2.66 Acres

Zoning : R-3

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Location: 2020 West 79th Street, Chicago, IL, 60620
THIS AUCTION IS CLOSED

Former Medical Office

Suggested Opening Bid: $56,940

Cooperating Broker's Commission: The Greater of 2% or $1,500

Buyer's Premium: The Greater of 6% or $2,500

Building Size: Approx. 1,600 sf

Lot Size: Approx. 3,175 sf

2014 Taxes: $8,181.31

PIN #: 20-30-317-036-0000

Zoning: B1-1

Approximately 1,600 sf with nine (9) private rooms/offices, a large reception area, staff area, kitchen, 2 bathrooms, and full basement. Parking is available in the rear of the building.

Located in the Auburn Gresham neighborhood.

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Location: 735 West Garfield Boulevard, Chicago, IL, 60621
THIS AUCTION IS CLOSED

Bank Owned 68 Unit

THIS PROPERTY HAS BEEN WITHDRAWN FROM THE AUCTION

We procured multiple pre-auction bids for well above the reserve price for this property and the seller chose to withdraw it from the auction. 

If you would like to place a back-up bid on this property, please contact us at 312.756.7333.

Previously Valued to: $499,000

Minimum Bid: $50,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoned B3-2

Building: Approx. 47,340 sf

Acres: Approx. .46

Online Auction bidding starts 11 AM CST April 5, 2014 and ends Monday April 7, 11 AM CST.

The building is a 68 unit, 3 story mixed-use complex located in the Englewood neighborhood of Chicago's Southside. This property consists of 6 retail/office units, 37 1-bedroom and 25 studio units.

The acquisition of the property presents an excellent opportunity for an investor to take advantage of the value-add potential in property and participate in the strength of the rental market.

The area of Chicago's Southside is experiencing significant development which includes the new $300 million Kennedy King College (located at 63rd & Halsted) and Union Square Shopping Center, a new retail center with Walgreens, Dunkin Donuts, US Cellular, Subway and other tenants.

The property is situated close to transportation including the CTA Red Line (Dan Ryan & Halsted). CTA Bus (Halsted & Garfield), and the Dan Ryan Expressway.

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Location: 2620 Broadway Street, Rockford, IL, 61108
THIS AUCTION IS CLOSED

Retail Building

Suggested Opening Bid: $30,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoned C-2

Building: 1,944 sf

Excellent Salon and day spa tenant occupies this recently updated building. Includes 14 surface parking spaces.

Currently Leased ($600/mo.); Lease Exp. August 2014

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Location: 0 Porter Drive, Round Lake Park, IL, 60073
THIS AUCTION IS CLOSED

Commercial Land in Round Lake Park

New Minimum Bid: $50,000 (Reduced from $100,000)

Buyer's Premium: 6% 

Cooperating Broker's Commission: 2% 

2014 Taxes:

$21,232.88 PIN #: 06-28-307-042

$1,103.73   PIN #: 06-28-307-043

$19,436.48 PIN #: 06-28-307-039

Lot Size: Approx. 14.60 acres & Approx. 3.12 acres

Zoning: Limited Industrial District

Three parcels of land; 2 approx. 14.60 acres and 1 approx. 3.12 acres. One parcel is situated within a retention pond.

Located along the west of Porter Lane, just south of Main Street (Route 134) and east of Cedar Lake Road in Round Lake Park. This area is typically composed of a variety of industrial use facilities and vacant land. Commercial facilities are located to the north along Main Street and residential developments are located to the north, west and south. The area benefits from its access from both Main Street to the north and Belvidere Road (Route 120) to the south.

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Location: SS Route 34, 0.25 miles East of Eldamain Road, Yorkville, IL, 60560
THIS AUCTION IS CLOSED

Bank Owned Commercial Vacant Lot

Previously Valued to: $150,000

New Minimum Bid: $49,500 (Reduced from $110,000)

Cooperating Broker's Commission: 2%

Buyer's Premium: The Greater of 5% or $2,500

2013 Taxes: $0

PIN #: 02-30-100-009-0000

Lot Size: Approx. 2.92 Acres

Zoning: B-3

Approx. 2.92 acres of vacant land zoned B-3 Located on SS Route 34, 0.25 miles East of Eldamain Road.

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Location: 101 North Sheridan Road, Winthrop Harbor, IL, 60096
THIS AUCTION IS CLOSED

Approx. 11.92 Acres Commercial Land in Winthrop Harbor, IL

SOLD

New Suggested Opening Bid: $40,000 (Reduced from $95,000)

Buyer's Premium: The Greater of 6% or $2,500

Cooperated Broker's Commission: 2%

Lot Size: Approx. 11.92 Acres

2015 Taxes:

$13,565.84 PIN #: 04-03-300-013-0000

$1,173.98  PIN #: 04-03-300-014-0000

Zoning: B-1; Retail

Approximately 11.92 acres with 599 sf of frontage, and a 2,316 sf home built in 1860 with a two car garage. Perfect location for a hotel, senior housing development, retail center or entertainment complex.

Located approx. 1.25 miles from the North Point Marina, and Prairie Harbor Yacht Club, and approx. 3.5 miles from the Cancer Treatment Centers of America.

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Location: 127 East 115th Street, Chicago, IL, 60628
THIS AUCTION IS CLOSED

Industrial Warehouse in Chicago

New Minimum Bid: $40,000 (Reduced from $60,000)

Buyer's Premium: The Greater of 6% or $2,500

Cooperating Broker Commission: 2%

2014 Taxes: $5,865.54

PIN #: 25223010150000

Zoning: C-1-1

Approximately 5,200 sf vacant industrial warehouse with recent updates including electrical, toilets, and exterior doors. This building has a dock (8' x 8') and drive-in door (8' x 8') in rear as well as a basement for extra storage space.

Located in the West Pullman area.

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Location: 12140 South Western Avenue, Blue Island, IL, 60406
THIS AUCTION IS CLOSED

Bank Owned Commercial Lot

Minimum Bid: $35,000

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

Buyer's Premium: The Greater of 5% or $2,500

Lot Size: 0.14 Acres

Zoning: C2

APN #: 2425215038, 2425215039, 2425215040

Subject Property is a 5,944 sf (0.14 acre) parcel of land located on Western Ave. in Blue Island, IL.  Property was formerly used as an auto body shop and the building was torn down in 2013.  Zoned C-2 property is suitable for many commercial uses and has easy access to I-57.

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Location: 6814-16 South Parnell Avenue, Chicago, IL, 60621
THIS AUCTION IS CLOSED

Multi Family Building - 8 Units

24 HOUR NOTICE FOR SHOWINGS, CONTACT KEITH ERICKSON AT 708.921.7810

New Minimum Bid: $30,000 (Reduced from $50,000)

Buyer's Premium: The Greater of 6% or $2,500

Cooperating Broker's Commission: The Greater of 2% or $1,500

Building Size: Approx. 5,438 sf

Lot Size: Approx. 4,750 sf

2014 Taxes: $3,824.87

PIN #: 20-213-09-008-0000

Zoning: RT-4

Two story, 8 unit building. Located in the Englewood neighborhood.

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Location: 2107-09 East 83rd Street, Chicago, IL, 60653
THIS AUCTION IS CLOSED

BANK OWNED: Commercial Retail Store

Minimum Bid: $22,050

Buyer's Premium: The Greater of 5% or $2,500

Cooperating Broker's Commission: The Greater of 2% or $500

2013 Taxes: $29,220

PIN #: 20-36-401-044

Lot Size: Approx. 3,000 sf

Building Size: Approx. 2,052 sf

Zoning: B1-1 Neighborhood Shopping District

One-story, two-unit commercial building containing approx. 2,052 square feet and was a former beauty salon/barber shop.

Located on the south side of 83rd Street, east of South Chicago Avenue, and in the community area commonly known as South Chicago, in the southern portion of the City of Chicago. South Chicago is situated approximately ten miles from the Chicago Central Business District (CBD) and is a fully developed, predominantly residential community with a mixture of commercial, service, industrial and office uses congregated along its arterial street corridors. Easy interstate access with a full interchange at the Dan Ryan Expressway (I-94) located within three miles west of the subject at 87th Street. There is southbound-only access to the Skyway Tollway (I-90) located just over a mile to the south of the subject. Commuter rail access to the subject is also adequate with a Metra Rail station located one mile to the east of the subject at Exchange Avenue. The Chicago Transit Authority (CTA) operates bus services just to the west of the subject, along Jeffery Boulevard and Chicago Avenue.

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Location: 10578 Country Walk Drive, Unit 26 & 27, Sister Bay, WI, 54234
THIS AUCTION IS CLOSED

Two Commercial Condos in Sister Bay, Wisconsin

Suggested Opening Bid: $20,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

2014 Taxes:

PIN #: 181050026

PIN #: 181050027

Condo Size: approx. 1,517 sf (total 2 condos)

Building Size: Approx. 4,492 sf

Lot Size: Approx. 6.62 Acres (Part of condo with common site)

Zoning: General Commercial

Two commercial condos, 1 story, approx. 1,517 sf (total size 2 Condos) situated on approx. 6.62 acre site, part of a 43 unit commercial building most are retail units some are office units.

Located at the corner of State Highway 42 and Country Walk Lane. Austin Strauble International Airport is approx. 1 1/2 hour drive south in GreenBay.

In cooperation with Wisconsin Real Estate License #54816-90

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Location: 3232 West 55th Street, Chicago, IL, 60632
THIS AUCTION IS CLOSED

Fully Built Out Medical Office

THIS PROPERTY HAS BEEN WITHDRAWN FROM THE AUCTION

Previously Valued to: $265,000

Minimum Bid: $165,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

Zoned B3-1

Perfect for any medical office and/or easily converted to office or retail. Approximately 1,900 sf of built-out medical office space, beautifully finished with cherry wood cabinetry throughout, a large waiting and reception area with back office, 9 exam rooms with sinks, private office, lab room, lots of storage. Parking includes a 6 to 8 car parking lot in rear of building as well as 12 public parking spaces along the east side of the building.  

Located near high traffic Kedzie on West 55th Street with an average of 33,800 vehicles per day. 

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Location: 333 Dixie Highway, Chicago Heights, IL, 60411
THIS AUCTION IS CLOSED

Medical Building (Former Medical & Surgical Center) in Chicago Heights

This Property is Being Sold Absolute, to the Highest Bidder, Regardless of Price

 

Buyer' s Premium: The Greater of 5% or $2,500

 

Cooperating Broker' s Commission: The Greater of 2% or $1,500

 

Building Size: Approx. 110,000 sf

 

Lot Size: Approx. 13 Acres

 

2014 Taxes:

 

PIN #: 32­-17-­131-­003-­0000 - $836.57

 

PIN #: 32­-17­-131-­006-­0000 - $110,632.33

 

PIN #: 32-­17­-131-­008-­0000 - $470,377.53

 

PIN #: 32-­17-­110-­006-­0000 - $573.84

 

PIN #: 32-17-­110-­007-­0000 - $1,603.22

 

Buyer will be responsible for paying all back taxes (currently estimated at $700,000). No tax credit.

 

Zoning: B-2

 

This south suburban medical center is a three story, approx. 110,000 sf, single tenant medical office complex, situated on an approximately 13 acre site in Cook County. The facility was originally constructed in 1973, with several additions between the years of 1983 to 2004. Most recently the approx. 12,000 sf surgery center and approx. 2,600 sf radiology records area were added in 2003 and 2004. Features: approx. 610 parking spaces, 2,500 amp 480/277 volt electrical service, 350 kw diesel generator (2006), and MRI/CT scan facilities.  Lot 1/Parcel 1 only included (see Subdivision Plat).


Located next to Prairie Manor Nursing & Rehabilitation Center, this property could easily be converted to a senior care, assisted living facility or other medical use.

 

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View Plans (PDF)

 

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View Purchase and Sale Agreement (PDF)

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Location: 6219 S. Ashland Ave, Chicago, IL, 60636
THIS AUCTION IS CLOSED

ABSOLUTE AUCTION: Hotel Toledo 35 Rooms in the Heart of Chicago

*ON-SITE INSPECTION DATE & TIME: THURSDAY, NOVEMBER 5, 2015 FROM 10:00AM-NOON **RSVP REQUIRED CONTACT DIANA PETERSON AT 312.218.6102**

This Property is Being Sold Absolute, to the Highest Bidder, Regardless of Price

Cooperating Broker's Commission: The Greater of 2% or $1,500

Buyer's Premium: The Greater of 6% or $2,500

Building Size: Approx. 2,200 sf

Lot Size: Approx. 2,907 sf

Zoning: B3-2

2013 Taxes: 

$5,248.75 PIN #:  20-17-325-008-0000

$3,893.56 PIN #:  20-17-325-009-0000

$3,893.56 PIN #:  20-17-325-010-0000

$5,155.77 PIN #:  20-17-325-011-0000

$3,383.21 PIN #:  20-17-325-012-0000

Nicely maintained 35 room hotel located in the heart of Chicago. This property sits on 5 separate pin numbers. Two story, interconnected court yard masonry building with ample onsite parking. New windows and cable ready.

Conveniently located hotel a block from the mass transit CTA train line in the West Englewood Community Area.

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

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Location: 7055-59 West Addison Street, Chicago, IL, 60634
THIS AUCTION IS CLOSED

Manufacturing/Warehouse

Suggested Opening Bid: $210,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 6,200 sf

Lot Size: Approx. 7,536 sf 

2014 Taxes:

$18,481.68 PIN#: 13-19-303-001-0000

$12,480.63 PIN#: 13-19-303-002-0000

Zoning: B1-2

Corner building most recently used as a manufacturing and warehouse facility for a bakery. Features private parking in the rear of the building. Seller shall pay all back due taxes prior to closing. (Pin #: 13-19-303-001-0000 back taxes: due $20,224.63; Pin #: 13-19-303-002-0000 back taxes due: $13660.92). 

This property is located on the south side of W. Addison Street, between N. Nordica Avenue and N. Nora Avenue.

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