Location on applicationCommercial
Sold
This asset has sold for $1,000,000. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
SOLD
FOR SALE/NOT AUCTION
Previously Valued to: $1,600,000
New Asking Price: $1,000,000 (Reduced from $1,100,000)
Cooperating Broker’s Commission: 2%
2015 Taxes: $53,850.34
PIN #: 19-35-326-054
Approx. 30,454 sf building on approx. 2.65 acres of land. 2 loading docks, large warehouse area approx. 2,500 sf, and showroom approx. 27,954 sf. Abundant parking. High traffic count: 36,800 VPD.
Located at the northeast corner of Algonquin Road (IL- 62) and Ryan Parkway, about halfway between downtown Algonquin and Route 25. Strong visibility from either direction on Algonquin Road.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
