Two High - Profile Vacant Land Parcels in Chicago's Northwest Suburbs (To Be Sold Separately)
Parcel One - 10.91 Acres 2305 Pembroke Ave., Hoffman Estates, IL: approximately 1,600 ft. of adjacent frontage on I-90 (Northwest Tollway) with fabulous visibility to over 150,000 cars per day. Easy access via nearby Barrington Road.
Previously Valued in Excess of $2,000,000
Suggested Opening Bid $750,000
Auction Deadline: June 4, 2025
Parcel Two - Outlot Lot 4 Schaumburg, IL: .94 acres, immediately adjacent to the Hyatt Woodfield and currently used as additional surface parking for Perry's Steakhouse and Grille, City Works and the Hyatt. Situated between Golf Rd. and Walter Payton Dr. Encumbered with a substantial "No Build Area" which still allows for various potential uses.
Previously Valued Over $750,000
Suggested Opening Bid $75,000
Auction Deadline: June 4, 2025
40,000 Sq. Ft. Office Building, 380 E. Northwest Hwy., Des Plaines, IL
3-story, high visibility Professional/Medical/Office Building near downtown Des Plaines and Metro Station. 122 parking spaces. Approx. 55% occupied with 15 tenants. Newer upgrades include HVAC and elevator. Ideal for an investor who believes in a "return to office" trend and/or "user" who desires naming rights.
Replacement Value Well in Excess of $6,000,000
To be Sold Subject to a Minimum Bid of $1,550,000
On-site Inspections Noon to 2pm on May 14, May 20, May 28 and June 5 and by appointment.
Auction Deadline June 11, 2025
In conjunction with Cambridge Realty.
Hotel Property, 1701 J David Jones Parkway, Springfield, IL
Currently closed and in need of updating, this 2-story former Howard Johnson and most recently Motel 6 flagged hotel has 79 rooms with a large parking area and excess land situated on 8.61 acres. The property features a restaurant, meeting rooms, breakfast rooms, and an outside pool. Good visibility, and is the closest hotel to the Abraham Lincoln Capital Airport.
Previously Valued Well Over $2,000,000
Suggested Opening Bid $500,000
On-site Inspections 12:30pm to 2:30pm on August 23, September 6 and September 12, 2023.
Auction Deadline September 19, 2023
On behalf of the Bureau of Alcohol, Tobacco, Firearms & Explosives
Jewelry Auction Deadline April 18, 2023
Live Preview April 13, 2023 from Noon - 2:00p.m.
Tiffany Keys Tiffany Victoria Key Pendant Platinum with Diamonds
Click here for Terms of Sale: Terms of Sale
Click here for Sealed Bid Form: Sealed Bid Form
In conjunction with Schroeder Moving Systems, Inc.
Dual Bid Real Estate Auction, July 26, 2023
2323 E. 101st Ave., Crown Point, Indiana (Just 1 hour from Chicago)
18-Hole Golf Course Situated on 152 Acres with tremendous single-family home redevelopment potential.
Surrounded by new construction and fabulous area amenities. Don't miss this unique chance to acquire prime real estate in sought-after Crown Point.
On-site Inspections Noon - 2 p.m. on July 11, July 14, July 19 and by appointment.
Seller financing to qualified bidders.
In conjunction with JBS Advisors, Inc. & Rick Levin, Licensed Indiana Auctioneer.
Auction Deadline: July 26, 2023
Bank-Owned Real Estate Auction September 21, 2023
5 Vacant Land Parcels Combined into 4 Separate Offerings all Located in Fredericksburg, Virginia
Various potential uses from Hotel, Retail, Office, Assisted Living and more.
Offering 1: 3.44 Acres, O Overview Drive, Cosner East 36-21-E. Zoned C-3. You essentially receive two high-visibility stop light corner lots at the entry way to the Spotsylvania Regional Medical Center. The corner of Spotsylvania Pkwy and Hospital Blvd.
Previously Valued to $1,675,000
Suggested Opening Bid $650,000
Offering 2: 3.3 Acres, 0 Hospital Blvd., Pod C Parcel 4 Cosner East. Zoned C-3. Southside of Overview Dr., Eastside of Hospital Dr. where Hospital intersects Mill Dr. Adjacent to Bojangles, Sheetz Gas Station.
Previously Priced to $950,000
Suggested Opening Bid $375,000
Offering 3: 5.56 Acres, Parcel 4 & 5 Harrison Crossing, 5535 & 5541 Plank Rd., to be sold in bulk. Adjacent to Giant Grocery Store, Burger King, Chipotle, Taco Bell, Home Depot, Firestone, and much more.
Previously Priced Over $2,160,000
Suggested Opening Bid $825,000
Offering 4: 1.140 Acres, Cosners Corner, East of Patriot Hwy (U.S. 1) Zoned C-3. Between Rt. 17 (Mills Dr.) to the North and Spotsylvania Pkwy to the South. Behind a GNC store, a Hai Cuttery and diagonally across from a Gourmeltz, adjacent to Target, Publix, Kohls, Petsmart, etc.
Previously Priced to $700,000
Suggested Opening Bid $350,000
For information contact Rick Levin & Associates, Inc. at 312 440 2000. In conjunction with Woltz & Associates, Inc. Licensed Virginia Real Estate Broker & Auctioneer License # 321.
Auction Deadline September 21, 2023
Auction has been Postponed, date to be announced and the On-site inspections have been cancelled!
Real Estate Auction September 20, 2023
10-Unit Apartment Building
11020 S. Prospect Ave., Chicago, IL
All 2 bedroom units with a substantial building remodel 5 years ago. Adjacent to Metra station, police and fire stations in between the Beverly and Morgan Park areas of Chicago. Off-street parking - always rented, great net operating income.
Suggested Opening Bid $935,000
On-site inspections 2 - 4pm on August 22, September 7 and September 13, 2023.
Auction Deadline: September 20, 2023
Real Estate Auction December 12, 2023
45+/- Acres at the Intersection of I-80 & IL-178 in LaSalle, IL.
Just 90 miles Southwest of Chicago and adjacent to Starved Rock State Park and across from Love's Travel Stop and McDonald's with highway visibility and off ramp accessibility. Potential uses include gas/truck stop, hotel, restaurants, etc. Zoned M1 light industrial. All utilities at the site.
Offered in 3 Parcels, Buy 1, 2 or all 3:
Parcel #1 approx. 16.02 acres of vacant land
Parcel #2 approx. 22.97 acres of vacant land
Parcel #3 approx. 6.26 acres of vacant land
Previously Valued Over $1,800,000
Suggested Opening Bid $825,000
Auction Deadline December 12, 2023
Gold Coast, Chicago, IL
Stately & elegant 3BR, 3BA, approximately 3,600 sq. ft., unit 4S in Co-Op building located between Burton and North Ave., on Lake Shore Drive overlooking the lakefront. The sale and transfer of shares is subject to the Board's receipt and review of all required information, and approval of the prospective buyer, as stated in the governing documents.
Last Sold for $1,900,000
Suggested Opening Bid $650,000
Viewings by appointment - Broker Participation Invited
Auction Deadline: April 4, 2024
SOLD
Real Estate Auction Court-Ordered Sale July 18, 2024
2464 Fawn Lake Circle, Naperville, IL (single-family home in the White Eagle Subdivision)
2-story, 6 bedroom, 5.5 baths; approx. 4,887 sq. ft. Overlooking pond and golf course, many upgrades, theatre room, fireplace, huge kitchen, guest suite.
Open House: 2-4pm June 28, Noon-2pm June 30, 3-5pm July 10, Noon-2pm July 14, 2024
Previously valued well over $1,500,000
Suggested Opening Bid $1,075,000
Auction Deadline: July 18, 2024
16 Old Town neighborhood condos spread across numerous different properties in newer modern buildings in excellent condition to be sold in bulk.
Projected Bulk Value 17 Years from Now Over $10,000,000
Projected Value of Comparable Units Today Approximately $6,000,000
Suggested Opening Bid $1,000,000
You are essentially purchasing 16 condos that have market values today of up to $450,000 each for approximately $65,000 each at the suggested opening bid. This is a great inflation hedge that should accomplish the goal of asset preservation while giving the owner a strong opportunity for oversized returns. A clever diversification for your portfolio. Think of this as you might an annuity or a zero-coupon bond, and discuss with your accountant or financial planner the estate planning and wealth transfer implications that could benefit a purchaser.
Approximately 17 years remaining on a government guaranteed master lease that eliminates all property taxes, all assessments are paid, and units are well maintained and updated thru the course of the lease. The ownership of these 16 units derives NO distributable income above and beyond expenses until the lease on each unit expires.
If you have a long-term strategy, are bullish on Chicago's future, are a family office, a college endowment, or a savvy investor who knows a tremendous opportunity when they see it, please contact us for more details.
Auction Deadline: May 13, 2021
Chateau Bu-Sche, at the intersection of 115th & Cicero and adjacent to Chicago, 11535 S. Cicero Avenue, Alsip, IL.
This 26,000 sq. ft. multi-use facility sits atop an ornately landscaped 11.5-acre parcel with 325 on-site parking spots. The elegant event venue which hosted hundreds of thousands of guests over the past 45 years was recently closed due to the ownership retiring. Potential uses include car dealership, event space, restaurant, senior housing, various medical uses, office, hotel, educational uses, and much more.
Previously Valued to $12,500,000
To Be Sold Subject to a Minimum Bid of $2,000,000 plus a 7.5% Buyer's Premium
On-site Inspections noon to 2pm on October 18 & 26, 2022 and by appointment.
In conjunction with JBS Advisors.
Auction Deadline: November 1, 2022
Real Estate Auction September 20, 2022
1002 W. Washington Ave., Polk City, Iowa
One-story 19,803 sq. ft. commercial building on 3.41 acres. Built in 1976, this currently closing nursing and rehab facility is zone R-1 (single-family detached residential). Potential uses include various medical uses, training, senior housing, office, apartments, educational uses, and much more.
Previously Valued Well Above $2,000,000
Suggested Opening Bid $350,000
On-site Inspections noon to 2pm on August 31, September 9 and 15, and by appointment.
In conjunction with Hallberg Auction and Real Estate.
Auction Deadline: September 20, 2022
Real Estate Auction December 13, 2022
5430 St. Charles Rd., Berkeley, IL, a Two-Story Office Building.
11,800 sq. ft. brick building (which includes the basement and second floor) on 14,445 sq. ft. land site, 21 parking spaces, quality finishes and in excellent condition. Ideal for User/Investor.
Previously Valued Over $1,350,000
Suggested Opening Bid $350,000
On-site Inspections 10am to Noon on Nov 30th & Dec 6th, 2022 and by appointment.
In conjunction with Colliers International & JBS Advisors.
Auction Deadline: December 13, 2022
SOLD Prior to Auction!!!!!
Real Estate Auction February 15, 2023.
Skilled Nursing Facility, 6811 S. Hazel St., Pine Bluff, Arkansas.
Built in 1992, this currently vacant 36,045 sq. ft. building is comprised of 66-units/126-beds situated on 3.36 acres. Good condition, tranquil-park like setting.
Previously Valued to $3,800,000
Suggested Opening Bid $650,000
On-site Inspections noon to 2pm on Jan 24, Feb 1 & 9 and by appointment.
In conjunction with Wooley Auctioneers, AALB#2150
Auction Deadline: February 15, 2023
On behalf of the South Barrington Park District
Excess Property +/- 34 Acre Vacant Land Parcel
South of the intersection of RT 59 (Sutton Rd.) and Bartlett Rd., South Barrington, IL
Previously Valued at Approximately $3,500,000
To be sold subject to a minimum bid of $1,725,000 and approval of the Board of Commissioners of the South Barrington Park District (plus a 1% buyers premium)
Auction Deadline: February 28, 2024
South Barrington Park District Auction Link: