Commercial


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Location: 2601-2605 W. Lincoln Highway, Olympia Fields, IL, 60461
UPCOMING AUCTION  Mon, June 03 - Wed, June 05

Previously Valued At: $900,000

Suggested Opening Bid: $400,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 3.61 Acres

Building Size: Approx. 35,330 SF

Total 2017 Taxes (4 PINS): $123,568.61

2017 Taxes: $28,493.84

PIN #: 31-24-208-022-0000

2017 Taxes: $15,101.76

PIN #: 31-24-208-023-0000

2017 Taxes: $64,659.02

PIN #: 31-24-208-033-0000

2017 Taxes: $15,313.99

PIN #: 31-24-208-034-0000

Zoning: Special Use

AuctionWorks is pleased to present Athenia Park, a Multi-tenant Medical / Office Building located at 2601-2605 W Lincoln Highway. This +/- 35,330 SF Office property is on 3.61 acres in the Village of Olympia Fields, Cook County, Illinois. This property is highly visible on a signalized corner with monumental signage. Approximately 420 feet of frontage along the high traffic corridor of Lincoln Highway and less than 2 miles from the Interstate 57 interchange. This multi-tenant value-add investment opportunity has rentable and storage space shared between the two buildings.

The Athenia Park Medical Center 2601 Building has approximately 11,992 SF above grade and 8,961 SF below grade office suites while the 2605 Building has 14,374 SF rentable space zoned for many executive uses. Plenty of room for expansion, one drive in delivery door, and over 195 surface parking spaces.

This medical office property is next to Fresenius Kidney Care South Suburban and less than 3 miles from Franciscan St. James Hospital and the newly announced Market Square Crossing a redevelopment project adding 600 housing units, recreational facilities, entertainment, sports and concert venues.

This property is located in the Village of Olympia Fields, Cook County, a south suburb 30 miles from the Chicago loop and 10 miles from Indiana. Olympia Fields offers direct access to two stations of the Metra Electric Commuter Railroad and easy access to Interstate 57, 80, and 294. The village is most popular for its growth around the exclusive and prestigious Olympia Fields Country Club established in 1915 and popular with Chicago's elite. Located on an east-west arterial, Lincoln Highway is known as U.S. Route 30 which runs from Iowa to the Indiana state line.

PROPERTY HIGHLIGHTS

  • Two professional office buildings connected with atrium views
  • Medical / dental / executive uses
  • Signalized corner location  
  • Walking distance to Metra station
  • Well-maintained
  • Great visibility and exposure
  • Ample parking
  • On-site storage
  • Below market rental rates (value add opportunity for new owner)

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

View Floor Plan (PDF)

View Survey (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 2625 W. Sullivan Road, Aurora, IL, 60506
UPCOMING AUCTION  Mon, May 20 - Wed, May 22

Suggested Opening Bid: $399,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 3.14 Acres

2017 Taxes: $1,392.84

PIN #: 14-12-225-001

Traffic Count: 49,300 VPD

Zoning: ORI; Office Research and Light Industrial District

Approximately 3.14 acres commercial land.

This property is conveniently located off I-88 to the North. When traveling West on I-88, exit onto Orchard Road and head South, then West onto Bushwood Lane and follow to Sullivan Road.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Zoning - Table One - Use Table (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: IL
UPCOMING AUCTION  Mon, May 20 - Wed, May 22

Minimum Bid: $357,000

Buyer's Premium: 10%

Cooperating Broker's Commission: 2%

Commercial Properties: 14

HOW TO ACCESS CONFIDENTIAL DOCUMENTS RELATING TO THIS SALE:

To download and gain access to the contents of the document vault, you must first register as a bidder on this website. 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 rosel@awproperties.com.

Prospects should contact Diana Peterson at 312.218.6102 or dianap@awproperties.com for further information.

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

» View Auction» Add to Calendar
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Location: 3330 Milwaukee Avenue, Glenview, IL, 60062
UPCOMING AUCTION  Mon, May 20 - Wed, May 22

Suggested Opening Bid: $299,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .73 Acres

2017 Taxes: $4,861.53

PIN #: 04-30-200-012-0000

Traffic Count: 24,500 VPD

Zoning: B-2; Commercial Development District

Development opportunity! The parcel is approximately .73 acres and is zoned B-2 Commercial Use by the Village of Glenview, which allows for retail development, office, senior housing or other use (to be confirmed by the village). This site has a curb cut, driveway and is environmentally clean and cleared. Utilities to the site are electric, gas, sanitary, and water-Municipal.

Glenview is an affluent suburb ideally located on Chicago’s North shore, approximately 14 miles from downtown Chicago and 13 miles from O’Hare International Airport. Glenview is adjacent to interstates I-94 and I-294 with major roadways carrying up to 42,000 cars daily. Glenview is home to a number of major U.S. corporations and their offices including Anixter, Aon, Avon, and Kraft Foods. Downtown Glenview offers various shopping and dining options as well as a convenient Metra commuter rail station. As of the 2013 census, the village population was 50,692.

View Property Flyer (PDF)

View Survey (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

» View Auction» Add to Calendar
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Location: Chicago
UPCOMING AUCTION  Tue, June 18 - Thu, June 20

CALL FOR OFFERS / CONFIDENTIAL OFF MARKET SALE 

Buyer's Premium: 6%

Cooperating Broker's Commission: 2% 

PROPERTY OVERVIEW

AW Properties Global is conducting a confidential off market sale of 7 commercial properties consisting of 4 mixed use buildings and 3 multi-family buildings located on the South side of Chicago.

These buildings may be purchased individually or as a package.

 

HOW TO ACCESS THE CONFIDENTIAL DOCUMENTS RELATING TO THIS SALE:

To download the contents in the document vault, you must first register as a bidder on this website.  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, 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 rosel@awproperties.com.

Prospects should contact Diana Peterson at 312.218.6102 or dianap@awproperties.com for further information and/or to schedule a tour of any of the properties.

 

» View Auction» Add to Calendar
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Location: 109-119 W. Grand Avenue, Melrose Park, IL, 60164
UPCOMING AUCTION  Bidding period to be scheduled

Portfolio Sale: 6 Commercial Properties in Illinois

PORTFOLIO SALE 

Minimum Bid: $3,415,555

Buyer's Premium: 6%

Buyer Broker Co-op Commission: 2%

Leased: 100%

NOI: $272,069

PROPERTY OVERVIEW

AuctionWorks is conducting a portfolio sale of 6 commercial properties in Antioch, Chicago, McHenry, Melrose Park, and Waukegan. These properties may be purchased individually or as a package.

INVESTMENT HIGHLIGHTS:

· Restaurant with gaming; 10 year lease ending in 2026 (Antioch)

· Retail; Single tenant (Chicago)

· Mixed Use; 1 retail with 3 apartments (Chicago)

· Mixed Use; 1 restaurant/bar and 1 apartment lease expires 2021 (McHenry)

· Retail Space; 6 tenants (Melrose Park)

· Daycare Center (Waukegan)

ABSOLUTELY NO SOLICITATION TO THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

HOW TO ACCESS THE PROPERTY FLYER AND OTHER CONFIDENTIAL DOCUMENTS RELATING TO THIS SALE:

To download the property flyer and gain access to the contents of the document vault, you must first register as a bidder on this website. 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 rosel@awproperties.com.

Prospects should contact Dave Makowski at 312.927.2757 or davem@awproperties.com for further information and/or to schedule a tour of the property.

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 12501 North State Road 49, Wheatfield, IN, 46392
UPCOMING AUCTION  Bidding period to be scheduled

Former Youth Treatment Residential Campus in Wheatfield, IN

Suggested Opening Bid: $1,750,000

Buyer's Premium: 4%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 101.28 Acres

Building Size: 61,155 SF

Number of Beds: 85

2017 Taxes: TAX EXEMPT as a Not-For-Profit

PIN #: 106-00110-00

Zoning: Agricultural (legal, non-conforming)

A unique opportunity to expand a former school housing location. It features numerous dormitories, administration/conference buildings, equestrian center, expansive farm land for hiking and outdoor sports, an indoor athletic facility with a full sized basketball court as well as a commercial kitchen with cafeteria dining infrastructure. This property is comprised of a total 101.28 acre site with 18 structures totaling 61,155 square feet of space and five small utility and storage buildings for a total of 23 structures. The property includes four administrative and a primary 11,000 sf classroom building, eight residential buildings (with a total of 85 beds), six support and maintenance buildings and five storage and equipment buildings. The site includes about 38 acres of tillable farm ground. The property also features a fishing pond, nature walks with a ropes course and throughout the property has driveways extending to the buildings.

Potential uses may be for a behavioral treatment/rehabilitation center, kids camp, a corporate retreat or conference center.

This property is located approximately 1 hour drive from Chicago Midway International Airport, 1.5 hours from Chicago O’Hare International Airport, 1.25  hours from Fort Wayne International Airport, and 2 hours from Indianapolis International Airport, Indiana. Please see below for further information.

International airports near Wheatfield, IN

75 miles: Chicago, IL (MDW / KMDW) Chicago Midway International Airport

97 miles: Chicago, IL (ORD / KORD) Chicago O'Hare International Airport

112 miles: Fort Wayne, IN (FWA / KFWA) Fort Wayne International Airport

138 miles: Indianapolis, IN (IND / KIND) Indianapolis International Airport

160 miles: Milwaukee, WI (MKE / KMKE) General Mitchell International Airport

169 miles: Grand Rapids, MI (GRR / KGRR) Gerald R. Ford International Airport

Domestic airports near Wheatfield, IN

75 miles: Chicago, IL (MDW / KMDW) Chicago Midway International Airport

76 miles: South Bend, IN (SBN / KSBN) South Bend Regional Airport

97 miles: Chicago, IL (ORD / KORD) Chicago O'Hare International Airport

112 miles: Fort Wayne, IN (FWA / KFWA) Fort Wayne International Airport

Local airports near Wheatfield, IN

22 miles: Valparaiso, IN (VPZ / KVPZ) Porter County Municipal Airport

25 miles: Rensselaer, IN (RNZ / KRZL / RZL) Jasper County Airport

34 miles: Lowell, IN (RQL) Lowell Airport

44 miles: La Porte, IN (LPO) La Porte Municipal Airport

44 miles: La Porte, IN (WMS) La Porte Airport

45 miles: Frankfort, IL (LL40) Frankfort Airport (defunct)

47 miles: Michigan City, IN (MGC / KMGC) Michigan City Municipal Airport

49 miles: Gary, IN (GYY / KGYY) Gary/Chicago International Airport

53 miles: Plymouth, IN (PLY) Plymouth Airport

53 miles: Kankakee, IL (IKK / KIKK) Greater Kankakee Airport

Cooperating Broker Licensed in the State of Indiana: SVN Parke Group License #LC20600037; Michael Lunn License #RB14025544

**48 hours notice to schedule a private showing**

View Video

View Property Flyer (PDF)

View Zoning Map (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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Location: 324 S. Larkin Avenue, Joliet, IL, 60436
UPCOMING AUCTION  Bidding period to be scheduled

Marathon Larkin Gas Station in Joliet

FOR SALE / NOT AUCTION

Asking Price: $1,199,000

Cooperating Broker's Commission: 2%

Lot Size: Approx. 41,347 SF

Building Size: Approx. 1,655 SF

2017 Taxes: $15,924.38 (Total)

$2,409.56; PIN #: 30-07-18-201-026-0000 (B-1)

$8,634.64; PIN #: 30-07-18-201-028-0000 (B-1)

$4,880.18; PIN #: 30-07-18-201-033-0000 (B-3)

Traffic Count: 28,600 VPD

Zoning: B-1 & B-3

This is an operating gas station and convenience store.  Please do not disturb the tenant or employees. The tenant is on a short term lease and will vacate prior to closing. Only the real estate is for sale; as such, no sales data will be provided.

This property is situated on nearly a full acre of land and offers an ideal corner for a development opportunity. Being sold as-is.

View Property Flyer (PDF)

View Survey (PDF)

View Zoning Ordinance (PDF)

View Zoning Map (PDF)

View Terms and Conditions (PDF)

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Location: 109-119 W. Grand Avenue, Melrose Park, IL, 60164
UPCOMING AUCTION  Bidding period to be scheduled

Six (6) Retail Units on Grand Avenue in Melrose Park, IL

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 2601 S. River Road, McHenry, IL 60051; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $1,005,978

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .4616 Acres

Building Size: Approx. 6,950 SF

Parking Ratio: 5.34/1,000 SF

Leased: 100%

2017 Taxes: $43,908.77

PIN #: 12-29-311-021-0000

Zoning: C-4; General Commercial District

Traffic Count: 29,600 VPD

NOI: $80,478

Six (6) retail units on a high traffic location. Leases ranging from 2019-2028 with long term stable tenant history.

Melrose Park is located approximately 15 miles northwest of downtown Chicago. The property is accessible via I-294 at the West Lake Street Exit, 2.6 miles south of the subject property. O' Hare International Airport is located just 10 minutes from the property.

ABSOLUTELY NO SOLICITATION OFTHE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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Location: 711 East Hawley Street, Mundelein, IL, 60060
UPCOMING AUCTION  Bidding period to be scheduled

Fair Haven Bowl in Mundelein, IL

FOR SALE/NOT AUCTION

Asking Price: $899,000

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1.64 Acres

Building Size: Approx. 22,000 SF

Cap Rate: 13.64%

NOI: $122,600

2016 Taxes: $26,289

PIN #: 11-19-402-018-0000

Zoning: C-5-C Downtown Corridor

This currently operating 24 lane bowling alley features a kitchen, bar, and gaming room that produces income. Known as the Fair Haven Bowl, it regularly hosts many adult and school bowling leagues. The property also has a very profitable electronic gaming room that collects lease payments.

A new roof was installed in 1992 when the current owner bought the building and it has been regularly maintained.

Located in Mundelein, East of N. Lake Street and West of Butterfield Rd. and immediately south of W. Maple Ave (Rt 176). The property is situated on the south side of Hawley Street.

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

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

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Location: 270-296 Cary Algonquin Road, Cary, IL, 60013
UPCOMING AUCTION  Bidding period to be scheduled

Cary Oaks Plaza in Cary, IL

CONTRACT PENDING

Suggested Opening Bid: $699,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Built: 1994

Lot Size: Approx. .87 Acres

Building Size: Approx. 8,500 SF

Units: 6

Occupied: 25%

2017 Taxes: $23,754.12

PIN #: 19-14-428-006

Zoning: B4

This retail shopping center is approximately 8,500 sf and has 6 individual units. A value add opportunity for an investor, this center currently has 2 units that are leased. A 7-11 convenience store is the anchor tenant and the other tenant is a dry cleaning business. Both tenants have been in place for over 10 years and are in long term auto renewal leases.

Each unit has its own dedicated gas/electrical meter and HVAC systems. The building has been meticulously maintained and the roof and mechanicals are annually inspected with no known issues or leaks.

Unit 6 (leased by the 7-11) is approximately 2,500 sf; Units 4 and 5 are approximately 2,005 sf each; Units 2 and 3 are approximately 900 sf each; Unit 1 (leased by the dry cleaners) is approximately 1,800 sf. Units 2-5 may be combined.

Located at 270 Cary/Algonquin Rd. This retail shopping center is well located just South of Main Street on the West side of Cary/Algonquin Rd in the Village of Cary. Main Street is an East/West street that is just Southwest of Route 14. Cary/Algonquin Road is a North/South road.

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

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 2601 S. River Road, McHenry, IL, 60051
UPCOMING AUCTION  Bidding period to be scheduled

Restaurant/Bar & Apartment in McHenry, IL

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $685,230

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 2.2 Acres

Building Size: Approx. 2,160 SF

Leased: 100%

2017 Taxes: $6,964.32

PIN #: 15-17-177-001; 15-17-327-002

Zoning: B-2 & B-1; Neighborhood Business District

NOI: $54,818

Single tenant restaurant/bar with gaming in place and 1 apartment. Strong rental history with lease through 2021.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Zoning Map (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (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: 1125 Aurora Avenue, Aurora, IL, 60505
UPCOMING AUCTION  Bidding period to be scheduled

Former Gas Station in Aurora, IL

FOR SALE / NOT AUCTION

Asking Price: $589,000

Cooperating Broker's Commission: 2%

Lot Size: Approx. .67 Acres

2017 Taxes (Based on Former Gas Station):

$27,927.78; PIN #: 15-15-201-002 (B-2S)

$728.40; PIN #: 15-15-201-003 (B-2)

Traffic Count: 21,100 VPD

Zoning: B-2 (S) & B-2

This property is a former gas station situated on approximately .67 acres in Aurora, Illinois. The tanks and building are in the process of being removed. This is a great franchise development site. The property includes frontage on both Aurora Avenue and East Indian Trial.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Zoning Table One: Use Table (PDF)

View Terms and Conditions (PDF)

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Location: 15232 South Joliet Road, Plainfield, IL, 60544
UPCOMING AUCTION  Bidding period to be scheduled

Approximately 1 Acre Commercial Land in Plainfield, IL

FOR SALE / NOT AUCTION

Asking Price: $569,900

Cooperating Broker's Commission: 2%

Lot Size: Approx. .93 Acres

2017 Taxes: $3,090 (All 4 PINS)

$341 PIN #: 06-03-15-108-001-0000

$137 PIN #: 06-03-15-108-002-0000

$1618 PIN #: 06-03-15-108-003-0000

$994 PIN #: 06-03-15-108-004-0000

Traffic Count: 23,800 VPD

Zoning: B-1; Business Convenience District
            BT; Business Transition Designation

This site was a former gas station and residential home. There have been no environmental incidents reported. Buyer will still need to do their due diligence. Buyer should contact the Village of Plainfield Planning Department to verify possible use of property. 

View Property Flyer (PDF)

View Survey (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

 

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Location: 2410 W. Washington Street, Waukegan, IL, 60085
UPCOMING AUCTION  Bidding period to be scheduled

Daycare Facility in Waukegan, IL

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 2601 S. River Road, McHenry, IL 60051; 109-119 W. Grand Avenue, Melrose Park, IL 60164. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $512,382

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .31 Acres

Building Size: Approx. 5,500 SF

Parking Spaces: Approx. 24 

Leased: 100% 

2017 Taxes: $14,813.73

PIN #: 08-20-301-062

Zoning: B-3; General Commercial District

NOI: $40,991

Single tenant daycare facility. Strong rental history lease expires 2019/anticipate renewal.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 6928 16th Street, Berwyn, IL, 60402
UPCOMING AUCTION  Bidding period to be scheduled

Happy Kidds West Daycare in Berwyn, IL

Suggested Opening Bid: $499,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 0.17 Acres

Building Size: Approx. 4,245 SF

2017 Taxes: $26,499.05

PIN #: 16-19-304-042-0000

Zoning: C-1

Cap Rate: 18.32%

NOI: $91,434

This approximately 4,245 SF building currently being utilized for a day care business is set on approximately .17 acre parcel. The daycare is fully operational and licensed for 54 children plus an additional 9 after school. The daycare spaces boasts a play area, crib area, kitchen, office, bathroom, and outside play area. There was a brand new security system installed within the last year which covers all rooms with audio and video recording. The current owner has been operating this daycare in this location for 26 years and purchased the existing daycare building in 1993. This sale includes both the business and the real estate.

PROPERTY HIGHLIGHTS
• Business and Real Estate For Sale
• Fully operational daycare licensed for 54+ children
• Approx. 4,245 SF building located on the corner of 16th and Clinton Ave
• Includes outdoor play area
• Owner willing to stay on for one month to ease transition

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

View Property Flyer (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 27045 W. Grass Lake Road, Antioch, IL, 60002
UPCOMING AUCTION  Bidding period to be scheduled

Restaurant/Bar with Gaming in Antioch, IL

This property is part of a 6 property portfolio including 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 2601 S. River Road, McHenry, IL 60051; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $471,271

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1 Acre

Building Size: Approx. 4,200 SF

Leased: 100% 

2017 Taxes: $6,334.00

PIN #: 01-26-400-029

Zoning: R-3

NOI: $37,702

Single tenant restaurant/bar with gaming license in place. Strong rental history with new lease through 2026.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 285 N. McLean Blvd, Elgin, IL, 60123
UPCOMING AUCTION  Bidding period to be scheduled

Marathon McLean Gas Station in Elgin

FOR SALE / NOT AUCTION

Asking Price: $424,900

Cooperating Broker's Commission: 2%

Lot Size: Approx. 12,157 SF

Building Size: Approx. 1,000 SF

2017 Taxes: $8,034.82

PIN #: 06-15-251-001

Traffic Count: 19,000 VPD

Zoning: RB - Residence Business District

This is an operating gas station and convenience store. Newer roof, tuck pointing, MPD's, POS Systems, newer mechanicals in walk in cooler. Canopy and building have newer LED lights. Location has single wall fiberglass storage tanks. Please do not disturb the employees. Same owner for over 13 years. Only the real estate is for sale; as such, no sales data will be provided.

This property is situated on nearly a full acre of land and offers an ideal corner for a development opportunity. Being sold as-is.

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

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

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Location: 2640 Patriot Blvd., Unit A2A-2, Glenview, IL, 60026
UPCOMING AUCTION  Bidding period to be scheduled

First Floor Unfinished Office Condo in Glenview

FOR SALE / NOT AUCTION

Asking Price: $399,900

Cooperating Broker's Commission: 2%

2017 Taxes: $5,592.70 (estimated)

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

Association Dues: 452.76/monthly

Zoning: I-2

Approx. 1,790 sf, 1st floor unfinished unit. Build the way you want. Good for medical office. Plenty of parking. The monthly association dues covers the following: cleaning common areas, janitorial services, common area maintenance, building insurance, snow removal, landscaping and management fees. 2018 taxes were reduced. The amount shown of $5,592.79 is estimated based on the county reduction letter.

View Property Flyer (PDF)

View Survey (PDF)

View Glenview Patriot Courtyards Bylaws (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

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Location: 338 South McLean Boulevard, Elgin, IL, 60120
UPCOMING AUCTION  Bidding period to be scheduled

Approximately .45 Acres Commercial Land in Elgin

FOR SALE / NOT AUCTION

Asking Price: $399,900

Cooperating Broker's Commission: 2%

Lot Size: Approx. .45 Acres

2017 Taxes: $7,737.28

PIN #: 0622176005

Zoning: Area Business/Arterial Road Corridor Overlay District (ARC)

Traffic Count: 19,800 VPD

Former gas station site in great location, just off of Route 20. Building and tanks have been removed and NFR has been issued in 2017. This is a great development location. Road construction has been completed and the area is undergoing redevelopment.

Please refer to the Zoning Ordinance Sections: 

19.14.700:ADDITIONAL ARCHITECTURAL AND EXTERIOR BUILDING MATERIAL REQUIREMENTS FOR
COMMERCIAL, INDUSTRIAL OR INSTITUTIONAL DEVELOPMENT

19.35.535: SITE DESIGN

19.35.430: LAND USE: Area Business

19.15.520: LAND USE: Arterial Road Corridor Overlay District (ARC) (Prohibited "Land Use" in the Arterial Road Corridor Overlay District (ARC) even if in the 19.35.430: LAND USE: Area Business has in the permitted uses the ARC rules)

View Survey Final 041619 (PDF)

View NFR Orginal 080117 (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

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Location: 400 & 406 East 103rd Street, Chicago, IL, 60628
UPCOMING AUCTION  Bidding period to be scheduled

Free Standing Retail Building on East 103rd in Chicago

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 6341 W. Belmont Avenue, Chicago, IL 60634; 2601 S. River Road, McHenry, IL 60051; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $377,693

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 6,000 SF

Building Size: 3,000 SF

Leased: 100% 

2017 Taxes: $13,049.59

PIN #: 25-10-413-029-0000; 030

Zoning: B3-1

NOI: $29,040

Single tenant retail building with strong rental history; leased through 2022.

ABSOLUTELY NO SOLICITATION OF THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 6341 W. Belmont Avenue, Chicago, IL, 60634
UPCOMING AUCTION  Bidding period to be scheduled

Mixed Use with Retail & 3 Apartments on Belmont Avenue in Chicago, IL

This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 2601 S. River Road, McHenry, IL 60051; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.

Minimum Bid/Published Reserve Price: $363,001

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 3,150 SF

Building Size: Approx. 3,372 SF

Leased: 100% 

2017 Taxes: $6,298.82 

PIN #: 13-29-100-012-0000

Zoning: B3-1

Traffic Count: 15,500 VPD

NOI: $29,040

Mixed use with 1 first floor retail unit and 3 apartments on the 2nd floor. Strong rental history with leases through 2019; renewals anticipated.

ABSOLUTELY NO SOLICITATION TO THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS

View Property Flyer (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 505 West Route 30, Rock Falls, IL, 61071
UPCOMING AUCTION  Bidding period to be scheduled

Approximately 1 Acre Commercial Land in Rock Falls, IL

FOR SALE / NOT AUCTION

Asking Price: $89,900

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1 Acre

2016 Taxes: $1,372.60

PIN #s: 11-33-256-024; 11-33-256-023

Traffic Count: 11,100 VPD

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 2016 Taxes 11-33-256-023 (PDF)

View 2016 Taxes 11-33-256-024 (PDF)

View 2014 Tax Redemption Receipt 030916 (PDF)

View NFR Recorded 062915 (PDF)

View Terms and Conditions (PDF)

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Location: 26760 W. Commerce Drive, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approximately 10.04 Acres Total Fully Improved Commercial Land in Volo, IL

Make a pre auction offer on all 3 properties as a package or on each individually.

Suggested Opening Bid: $2,842,726

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

3 Lots: Approx. 10.04 Acres Total

2017 Taxes: $4,187.46 PIN #: 09-02-102-046 - Lot 3

2017 Taxes: $1,664.05 PIN #: 09-02-102-047 - Lot 4

2017 Taxes: $33,528.46 PIN #: 09-02-102-048 - Lot 5 West (Lot 5 East & West Parcels are in process of subdivision)

Master Association Dues: Approx. $11,869.05

Zoning: B-3; PUD

Traffic Count: 29,250 VPD (21,900 VPD, IL RT 120; 7,350 VPD, IL RT 60)

Approximately 10.04 acres total of fully improved commercial land which includes Lot 3 (approx. 6.34 acres), Lots are zoned retail and are desirable frontage location. Lot 4 (approx. 2.42 acres) and Lot 5 West (approx. 1.28 acres). Parcels can be purchased separately or as a package.

Lot 3: 26760 W. Commerce Drive

Lot 4: 26700 W. IL Route 60

Lot 5 West (Lot 5 East & West Parcels are in process of subdivision): 401 E. IL Route 60

View Property Flyer (PDF)

View Drawings Lots 3, 4 and 5 West  (PDF)

View Plat of Subdivision (PDF)

View Lots 5 West and 5 East Plat (PDF)

View Land Parcel Summary (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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Location: 26760 W. Commerce Drive, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approximately 6.34 Acres Fully Improved Commercial Land in Volo, IL

Lot can be purchased separately or as a package along with Lot 4: 26700 W. IL Route 60 and Lot 5 West: 401 E. IL Route 60

Suggested Opening Bid: $1,795,108

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 6.34 Acres

2017 Taxes: $4,187.46 PIN #: 09-02-102-046 - Lot 3

Master Association Dues: $7,473.46 Annually

Zoning: B-3; PUD

Traffic Count: 21,900 VPD (IL Route 120)

Approximately 6.34 acres of fully improved commercial land. Lot is zoned retail and is a desirable frontage location.

View Property Flyer (PDF)

View Drawings Lots 3, 4 and 5 West (PDF)

View Plat of Subdivision (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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Location: 7135 Janes Avenue, Woodridge, IL, 60517
THIS AUCTION IS CLOSED

Class A Office Building at the MidPoint Corporate Center II in Woodridge

Previously Valued To: $4,650,000

Suggested Opening Bid: $1,630,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Building Size: Approx. 46,624 SF

Lot Size: Approx. 3.56 Acres

Built: 2003

Parking Spaces: 204

Loading Dock: 1

Power: 1,200 AMPS; 3 Phase 480 Volt

2016 Taxes: $103,983.12

PIN #: 08-25-200-028-0000

Zoning: ORI; Office Research and Light Industrial District

This approximately 46,624 sf, vacant, single-story, Class A Office building was built by McShane Development in 2003. It is located just west of I-355 at 75th street in the City of Woodridge, Illinois in DuPage County.

The ORI zoning permits up to a 40 foot height, which makes this property a good candidate for redevelopment as self storage. The joist height in the building is 15' 10".

Originally built for two tenants, this building could accommodate either a single user or two approximately 23,000 sf tenants. The interior perimeter of the building is built out with offices and the middle of the building has an open floor plate to allow for installation of cubicle work spaces.

The building features high quality finishes and solid masonry construction with architectural window and masonry details throughout. It is fully sprinkled, has 10 foot drop ceilings and from the floor to bottom of deck is approximately 16 feet. It also has a loading dock on the west side of the building, and a special HVAC room that was built to house a computer main frame area for the prior tenants.

This property offers ample parking with 204 spaces located on both the east and west side of the building.

The owner of this property is responsible for paying a Business Park association fee (approximately $9,226 in 2017).

***48 HOURS NOTICE FOR SHOWINGS***

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

View Property Flyer (PDF)

View Zoning Information (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 26735 Commerce Drive, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approx. 33,001 SF Multi-Tenant Industrial Warehouse Building in Volo, IL

Suggested Opening Bid: $950,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot: Approx. 2.1 Acres

Building Size: Approx. 33,001 SF

Built: 2001

Occupancy: 65%

2017 Taxes: $59,106.60

PIN #: 09-02-102-008

Zoning: LI; Light Industrial District

This approx. 33,001 sf, extremely well maintained, multi-unit industrial warehouse building is set on approx. 2.1 acres. It has 5 large, open floor plan warehouse units, some of which include a small, front office area. Currently approximately 65% leased, the building has a very stable tenant base. Allowing easy access for commercial trucks, each unit also has its own drive in bay and 2 compressed air-powered loading docks.

This property is located in the town of Volo, Illinois. It is a stand alone building located at intersection of West Commerce Drive and North Ellis Drive. It is South of Route 120, West of Route 60 and East of Route 12.

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

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 26700 W. IL Route 60, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approximately 2.42 Acres Fully Improved Commercial Land in Volo, IL

Lot can be purchased separately or as a package along with Lot 3: 26760 W. Commerce Drive and Lot 5 West: 401 E. IL Route 60

Suggested Opening Bid: $685,199

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 2.42 Acres

2017 Taxes: $1,664.05 PIN #: 09-02-102-047 - Lot 4

Master Association Dues: $2,876.61 Annually

Zoning: B-3; PUD

Traffic Count: 7,350 VPD (IL RT 60); 21,900 VPD (IL RT 120)

Approximately 2.42 acres of fully improved commercial land. Lot is zoned retail and is a desirable frontage location.

View Property Flyer (PDF)

View Drawing Lots 3, 4 and 5 West (PDF)

View Plat of Subdivision (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 401 E. IL Route 60, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approximately 1.28 Acres Fully Improved Commercial Land in Volo, IL

Lot can be purchased separately or as a package along with Lot 3: 26760 W. Commerce Drive and Lot 4: 26700 W. IL Route 60

Suggested Opening Bid: $362,419

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 1.28 Acres (Lot 5 West)

2017 Taxes: $33,528.46

PIN #: 09-02-102-048 - Lot 5 West (Lot 5 East & West Parcels have not been subdivided)

Master Association Dues: Approx. $1,518.98 Annually (Approximate, based upon subdividing of Lot 5)

Zoning: B-3; PUD

Traffic Count: 7,350 VPD (IL RT 60)

Approximately 1.28 acres of fully improved commercial land. Lot is zoned retail and is a desirable frontage location.

View Property Flyer (PDF)

View Drawings Lots 3, 4 and 5 West (PDF)

View Plat of Subdivision (PDF)

View Lots 5 West and 5 East Plat (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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Location: 401 E. Route 60, Volo, IL, 60073
THIS AUCTION IS CLOSED

Approx. 6,875 SF Multi-Tenant Retail and/or Office Units in Volo, IL

Suggested Opening Bid: $250,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot: Approx. 2.57 Acres

Building Size: Approx. 6,875 SF

Built: 2002

Occupancy: 75%

2017 Taxes: $33,528.46

PIN #: 09-02-102-048

Zoning: B-3

Traffic Count: 7,350 VPD

4 attached retail and/or office units ranging in size from approximately 1,300 to 2,600 sf. Currently all but one of the units are leased. These units have a dedicated parking lot and easy access to Route 60 and Route 12. There is an opportunity to sub-divide the 2.3 acre parcel for additional building development.

This property is located South of Route 120, West of Route 60 and East of Route 12.

View Property Flyer (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

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