School/Daycare Facility


i
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)

i
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)

Enter your email address to get important updates about this sale.
This will not sign you up for our email bulletins, just for updates about this sale.
If you would like to sign up for our auction bulletins you can use the form on the left side of this page.