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.
In the Heart of the Gold Coast, 70 E. Scott Street, Units 905,906, 907, Chicago, IL
4 Bedroom and 3 Bath 3,400 sq. ft. unit on the top floor of the building with fabulous lake views, wonderful courtyard! Units 905,906 and 907, currently combined into one unit. Stately vintage interiors ready for your updating. Potential to subdivide to multiple smaller units.
Previously Valued in excess of $1,000,000
Suggested Opening Bid $575,000
Open house on February 20 from 4:30pm to 6pm; February 23 from 12pm to 2pm and March 6 from 4:30pm to 6pm or by appointment.
Auction Deadline: March 13, 2025