Sold Condos


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Location: 9662-9698 Franklin Avenue, Franklin Park, IL, 60131
THIS AUCTION IS CLOSED

Bank Owned Ground Floor Commercial Condo Units

SOLD

Previously Valued to: $359,000

Minimum Bid: $250,000

Cooperating Broker's Commission: 2%

Buyer's Premium: 5%

2013 Taxes: $30,799.32

PIN #: 12-28-206-034-0000

Building Size: Approx. 18,421 sf

Zoning: DT1

Entire ground floor commercial space condo units consisting of 11 commercial condo units in a building with 75 residential condo units above. 2 of the units are built out, 1 unit was a bank branch, another was a restaurant. The remaining units are unfinished raw space that can be configured as needed- perfect for restaurants, retail and/or office space!  The units are not legally separated. They would need separate PIN #'s created for each condo if they were to be sold individually. 

Past due condo association dues (approx. $40,000) will be paid by seller prior to closing. 
 
Built in 2005, the building is well located right next to a Metra train station and has ample street parking.

 

View 2013 Taxes (pdf)

View Condo Declaration Part 1 (pdf)

View Condo Declaration Part 2 (pdf)

View Condo Declaration Part 3 (pdf)

View Property Flyer (pdf)

View Cross Share Agreement (pdf)

View Terms of Sale (pdf)

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Location: 249 East Prospect Avenue, Unit B, C, Mount Prospect, IL, 60056
THIS AUCTION IS CLOSED

Court Ordered Auction: Two Office Condominiums Plus Warehouse in Mount Prospect

SOLD

Suggested Opening Bid: $250,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 0.81 Acres

Year Built: 1957

Building Size: Approx. 14,754

Renovated: 2002

2016 Taxes:

$10,854.29 PIN # 08-12-122-037-1002; Unit B

$  4,458.83 PIN # 08-12-122-037-1003; Unit C

Zoning: I-1; Limited Industrial District

Two vacant office condominiums plus warehouse. Former contractor's office featuring spacious offices, collaborative work areas, conference room, 3 full bathrooms, a warehouse, indoor parking garage and ample surface parking in gated lot.

Located on the corner of Prospect Avenue and School near the Mount Prospect Train Station.

 The entire building is NOT for Auction, only two of the 3 units are (Unit A is not included in the Auction and has different ownership).

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

View Property Flyer (PDF)

View Floor Plans (PDF)

View Survey (PDF)

View 2016 Taxes 08-12-122-037-1002 (PDF)

View 2016 Taxes 08-12-122-037-1003 (PDF)

View Aerial (PDF)

View Zoning Ordinance (PDF)

View Online Auction Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 1133 South Wabash Avenue #C2, Chicago, IL, 60605
THIS AUCTION IS CLOSED

Bank Owned Street Level Office Condo

SOLD

Previously Valued to: $169,000

Minimum Bid: $100,000

Cooperating Broker's Commission: 2%

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

2012 Taxes: $9,188

Unit Size: Approx. 1,450 sf

High visibility, street level storefront for retail or office use. 1450 sq ft, great location near major residential developments, businesses & transportation.

Currently Leased ($2,760/mo.); Lease Exp. July 31, 2015. Tenant has an option to renew for another 5 years

View Property Flyer (pdf)

View Terms of Sale (pdf)

View Condo Declaration (pdf)

View Not Permitted Uses (pdf)

View Association Fees/Expenses (pdf)

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Location: 21-23 North Broadway Street, Des Plaines, IL, 60016
THIS AUCTION IS CLOSED

Court Ordered Auction: Two Contiguous Commercial Office Condos in Des Plaines

SOLD

Suggested Opening Bid: $60,000

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

Cooperating Broker's Commission: 2%

Condominium Size: Approx. 1,860 SF (Combined)

2016 Taxes: $8,753.28

PIN #: 09-18-202-039-1003

Unit: C; 21-23

Zoning: C-3

Association Dues: $276 per month (includes parking spot)

Two contiguous office condos with approximately 1,860 sf total. The two combined units have an existing layout of 4 private offices, a large conference room, a kitchen, a large storage room, and 2 bathrooms. Currently leased ($1,200/mo.); Lease expires June 30, 2018. There is parking in the rear of the building and on the street. Located in the North Broadway Business Center Condominiums on a corner lot at Northwest Highway and Broadway Street.

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

View Property Flyer (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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