28301 FERRY ROAD, WARRENVILLE, IL
136,000 SQ. FT. MULTI-STORY TROPHY PROPERTY (High-Profile Chicago Suburban Locale)
Built in 1999, with updating in 2022, and situated on approximately 19 acres with 870 parking spaces and excess land in
the Cantera Business Park. This currently vacant property was formerly owned and occupied by oil giant BP subsidiary
Amoco Research. Ideal potential uses include: school, training center, church, data center, corporate headquarters, etc.
Replacement Value in Excess of $20,000,000
Suggested Opening Bid $4,750,000
On-site Inspections 11am to 2pm on June 27th, July 12 and 17 and by Appointment.
In conjunction with NAI Hiffman.
Auction Deadline: July 20, 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.
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
When people contact us, they often have questions about the auction process. Here is a list of those frequently asked questions, and their answers. Once you have read these questions, take a look at our upcoming auctions section.
At Rick Levin and Associates, Inc., we know that every situation and every sellers needs are unique. While we understand this, we are able to adapt to the specifics of the situation by delivering an action plan to execute the task in a time sensitive manner and within a budget acceptable to the client.