2042 N. Clark Street, #101, Chicago, IL

2042 N. Clark Street, #101, Chicago, IL

12/13/2022

Real Estate Auction December 13, 2022

2042 N. Clark, #101, Chicago (Ground Floor Commercial Condo)

Huge foot traffic and floor to ceiling windows.  Possible city permits for two street parking spots.  Double awning signage. Beautifully built-out approximately 600 sq. ft. storefront.  Possible uses included professional office, retail boutique, salon, etc.

Previously Priced Over $300,000

To Be Sold Subject to a Minimum Bid of $150,000*

Seller Directs Year End Sale and Closing, Pre-Auction Offers Highly Encouraged.

On-site Inspections 2pm to 4pm on Nov 30th & Dec 6th, 2022 and by appointment.

In Conjunction with JBS Advisors.

*Subject to 10% Buyers Premium & Terms of Sale.

Auction Deadline: December 13, 2022

Click here for Terms of Sale:

 

 

5430 St. Charles Rd., Berkeley, IL

5430 St. Charles Rd., Berkeley, IL

12/13/2022

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

Click here for Terms of Sale:

16 Old Town Neighborhood Condos, Chicago, IL

16 Old Town Neighborhood Condos, Chicago, IL

12/15/2022

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

Click here for Terms:

 

Penthouse, 415 E. North Water Street, Unit 3205, Chicago, IL

Penthouse, 415 E. North Water Street, Unit 3205, Chicago, IL

12/15/2022

Auction has been Postponed, date to be announced!

The most unique, stunning & dramatic condominium in the Streeterville neighborhood of Chicago.

The 2-level penthouse, unit 3205 at 415 E. North Water Street.  Premier location adjacent to North Pier, Navy Pier, the River Walk and the Magnificent Mile.

9,279 sq. ft. 3 bedroom, 4 baths in the famous River View Condominiums.  60' wraparound terrace. Over 1 million dollars of imported Italian stone and your own full-sized basketball court, enormous marble jacuzzi style tub, three 500-gallon salt water tropical fish tanks, squash court and so much more all in your unit.  The owner of this "Mansion in the Sky" has relocated out of State and the unit is currently vacant.

Viewings by Appointment.

Previously Priced to: $12,995,000.00

Suggested Opening Bid: $2,500,000.00

Click here for Terms of Sale:

Click here for Tour:

In conjunction with Berkshire Hathaway Home Services Chicago

1002 W. Washington Ave., Polk City, Iowa

1002 W. Washington Ave., Polk City, Iowa

12/15/2022

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

Click here for Terms of Sale:

48+/- Acres, 20550-20660 Indian Creek Rd., In Lake County, IL, Contiguous to Long Grove & Hawthorn Woods

48+/- Acres, 20550-20660 Indian Creek Rd., In Lake County, IL, Contiguous to Long Grove & Hawthorn Woods

02/15/2023

Real Estate Auction February 15, 2023.

48+/- Acres located at 20550-20660 Indian Creek Rd. in Lake County, IL, Contiguous to Long Grove & Hawthorn Woods.

Great Investment/Development Opportunity.

Buy Land as a Great Hedge Against Inflation.

Located in the Stevenson High School District.

Most Recent Appraisal: $4,200,000

Suggested Opening Bid: $725,000

In Conjunction with CBRE.

Auction Deadline: February 15, 2023

Click here for Terms of Sale:

6811 S. Hazel St., Pine Bluff, Arkansas (Skilled Nursing Facility)

6811 S. Hazel St., Pine Bluff, Arkansas (Skilled Nursing Facility)

02/15/2023

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

Click here for Terms of Sale:

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

02/15/2023

Real Estate Auction February 15, 2023

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

Currently Zoned Agriculture.

Strong Residential Development Potential with Newer Construction Nearby.

Buy Land as a Great Hedge Against Inflation.

Previously Valued Over $1,500,000

Suggested Opening Bid $300,000

Auction Deadline: February 15, 2023

Click here for Terms of Sale: