Real Estate Auction January 29, 2025
Out-of State Long-Term Owner Directs Sale
15,594 sq. ft. 1-Story Office Building
307 S. Milwaukee Avenue, Wheeling, IL
Currently 73% occupied and ideal for an investor or user with remaining almost 4,000 sq. ft. of vacant space. High visibility adjacent to Bob Chinn's and Superdawg. Approx. 80 Parking Spaces.
Replacement Value in Excess of $2,500,000
Suggested Opening Bid $625,000
(less than $50 per sq. ft.)
On-site inspections Noon to 2pm on December 17, January 9, 15 and 21.
In Conjunction with Berkson & Sons Ltd.
Click here for Non Disclosure Agreement
COURT-ORDERED REAL ESTATE AUCTION FEBRUARY 19, 2025
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: February 19, 2025
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: March 12, 2025
In conjunction with CBRE.
