Chateau Bu-Sche, 11535 S. Cicero Avenue, Alsip, IL


Chateau Bu-Sche, 11535 S. Cicero Avenue, Alsip, IL
+78

Chateau Bu-Sche, 11535 S. Cicero Avenue, Alsip, IL

Lot Number: 1

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% Buyers 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

Click here for Video:

 

Start Time: 11/01/2022 3:00:00 PM
End Time: 11/01/2022 3:00:00 PM
Time Remaining:

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% Buyers 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

Click here for Video:

 

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

Click here for Terms of Sale:

 

Click here for Video:

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