Retail
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Former Grocery Store in Freeport, IL ON-SITE INSPECTION: Wednesday, 12/11/19 from 10AM-Noon, RSVP REQUIRED Call 847-509-2757
Minimum Bid/Published Reserve Price: $75,000
Buyer's Premium: 6% ($20,000 minimum applies)
Cooperating Broker's Commission: 2%
Built: 1980
Lot Size: Approx. 2.49 Acres
Building Size: Approx. 28,930 SF
Parking Spaces: Approx. 114 (including 5 Handicap)
2018 Taxes: $7,860
PIN #: 18-13-36-128-001
Zoning: B1-1; Restricted Retail Business District
Traffic Count: 12,600 VPD (W. Galena Ave.); 900 VPD (Crestwood Dr.)
This vacant, one story, former grocery store building is approximately 28,930 sf and has two loading docks. Set on an approximately 2.49 acre parcel, this property is well located with a stop light entrance and great visibility from a main thoroughfare.
**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
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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 Terms and Conditions (PDF) View Purchase and Sale Agreement (PDF)
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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 |
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9600 North Milwaukee Avenue Retail Property in Niles UNDER CONTRACT/CONTINGENT 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 TRANSPORTATION HIGHLIGHTS 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 **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 Terms and Conditions (PDF) View Purchase and Sale Agreement (PDF)
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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 |
