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Suggested Opening Bid: $699,000
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2%
Lot Size: Approx. .87 Acres
Building Size: Approx. 8,500 SF
2017 Taxes: $23,754.12
PIN #: 19-14-428-006
This retail shopping center is approximately 8,500 sf and has 6 individual units. A value add opportunity for an investor, this center currently has 2 units that are leased. A 7-11 convenience store is the anchor tenant and the other tenant is a dry cleaning business. Both tenants have been in place for over 10 years and are in long term auto renewal leases.
Each unit has its own dedicated gas/electrical meter and HVAC systems. The building has been meticulously maintained and the roof and mechanicals are annually inspected with no known issues or leaks.
Unit 6 (leased by the 7-11) is approximately 2,500 sf; Units 4 and 5 are approximately 2,005 sf each; Units 2 and 3 are approximately 900 sf each; Unit 1 (leased by the dry cleaners) is approximately 1,800 sf. Units 2-5 may be combined.
Located at 270 Cary/Algonquin Rd. This retail shopping center is well located just South of Main Street on the West side of Cary/Algonquin Rd in the Village of Cary. Main Street is an East/West street that is just Southwest of Route 14. Cary/Algonquin Road is a North/South road.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||May 30, 2019 12:00 am CDT|
Bidding Starts: May 30, 2019 12:00 am CDT
Bidding Ends: May 30, 2019 12:00 pm CDT
Location: 270-296 Cary Algonquin Road, Cary, IL, 60013
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