Retail


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Location: 9600-9604 N. Milwaukee Avenue, Niles, IL, 60714
UPCOMING AUCTION  Mon, July 15 - Wed, July 17

Suggested Opening Bid: $599,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Total Approx. 21,462 SF; Approx. 9,202 SF (9604 N Milwaukee) & 12,260 SF (9600 N Milwaukee)

Building Sizes: Two Buildings with Approx. 1,856 SF (9604 N Milwaukee) & 1,625 SF (9600 N Milwaukee)

2017 Taxes: $40,886

PIN #: 09-11-303-013-0000 (9600 N Milwaukee)

2017 Taxes: $26,591

PIN #: 09-11-303-012-0000 (9604 N Milwaukee)

Zoning: C-2

Traffic Count: Approx. 35,900 VPD

Incredible retail-zoned corner location now available for pre-auction offers. $599,000 is the suggested opening bid for the online auction, not an asking price; the reserve price is higher.

This is an ideal corner location with multiple vehicle entry points and a traffic count average of 35,900 VPD located at the intersection of Golf and Milwaukee in Niles.

These two buildings are available as a package sale. There is a separate PIN number for each building and land parcel. Total land is approximately ½ acre. There are 29 parking spaces total with room for more.

The buildings prior uses have been retail and restaurant/bar. Numerous opportunities exist for owner/occupier or for investor to lease out to tenants. This Golf Mill corner is undergoing major revitalization. It is an ideal location for retail with many new nearby retail uses under construction and opening soon.

PROPERTY HIGHLIGHTS
• Area Retailers Include Target, Walmart, Jewel, CVS
• Directly Across from Golf Mill and Adjacent to New CVS
• NWC of Golf and Milwaukee 
• Close to 294 and Kennedy Expressway
• Site Currently has 2 Curb Cuts and 29 Parking Spaces

TRANSPORTATION HIGHLIGHTS
• Golf Station - Milwaukee North Line
• Dee Rd Station - Union Pacific Line
• Bus Stop Nearby
• Close to Major Expressways

Please refer to the Zoning Ordinance for details on permitted uses. If any questions contact Zoning Department at the Village of Niles at 847-588-8075.

8.1 - GENERAL USE PERMISSIONS
8.2 - USE MATRIX
8.3 - PRINCIPAL USE STANDARDS

**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 Survey (PDF)

View Zoning Ordinance (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (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: 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: 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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