COURT-ORDERED REAL ESTATE AUCTION DECEMBER 4, 2024
A TROPHY PROPERTY, THE STREET LEVEL RETAIL COMPONENT OF A LARGER MIXED-USE COMMERCIAL & RESIDENTIAL BUILDING AT 6422 N. SHERIDAN RD. • CHICAGO, IL
Built in 2019 and occupied by Target, a new Wintrust Bank branch and an actively marketed third retail space, the 28,669 sq. ft. commercial property includes a below-grade parking component with 59 retail parking stalls. The property is located in a densely populated area adjacent to Loyola University campus and the intersection of North Sheridan Rd. and West Devon Ave., with approximately 46,000 daily vehicle traffic and heavy pedestrian use. Long-term leases. Gross scheduled income approaching $1,500,000 annually. NET income is soon to be just under $1,000,000 annually.
Previously Valued Well in Excess of $20,000,000
Suggested Opening Bid $14,500,000
On-site inspections from noon to 2pm on Nov. 7, 12 and 21 and by appointment.
Auction Deadline: December 4, 2024
9 Prime Acres NWC of Route 31 & Willow Lane, West Dundee, IL
Zoned B-3 Business Service District. Potential uses include senior housing development, residential, retail, and commercial. High traffic counts and easy access to I-90.
Previously Valued Over $3,500,000
Suggested Opening Bid $1,250,000
Auction Deadline: December 12, 2024
In conjunction with CBRE.
Northwest Suburban Chicago English Manor Situated on 52 Acres, 17519 LINCOLN RD., HARVARD, IL
18,770 sq. ft., 7 bedrooms, 5-1/2 baths, Indiana limestone and wood floors, 8 fireplaces imported from France, custom finishes thru-out installed by world-class artisans. 24” thick masonry walls with stucco finishes. 1 Hour 20 min. from Chicago O’Hare Airport, 20 min. from Lake Geneva, WI. Adjacent 60’ furnished “dome” for parties & events. View over the 18-acre lake, 7 ponds and stream surrounded by mature trees and a terraced hill.
Replacement Value Well in Excess of $15,500,000
Suggested Opening Bid $6,000,000
Property inspections are available by appointment only and proof of financial ability to purchase is required.
*Subject to 10% Buyers Premium
Auction Deadline: December 19, 2024
In conjunction with ReMax Premier.