Elgin Industrial/Office/Flex Opportunity; Vacant Former Sherman Health Resource Center with Flexible Zoning
Sold
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Description
SOLD
Minimum Bid: $2,500,000
Buyer’s Premium: 4%
Cooperating Broker’s Commission: 2%
Building Size: Approx. 95,512 SF
Lot Size: Approx. 10.04 Acres
Built: 1965, (rehab in 1999 and 2002)
Clearance: 17′
HVAC: 100% Air Conditioned
Power: 2400 Amps @ 480 Volts
Loading Dock: 1 Exterior Dock; 1 DID
Parking Ratio: 8.3/1,000
Parking: Approx. 792 Cars; Approx. 172 Spaces in Secured, Fenced Lot
Frontage: Approx. 521′ on Chicago Street
Traffic Count: 13,300 Vehicles per Day on Chicago Street
2016 Taxes: $111,008
PIN #s: 06-18-401-025-0000; 06-18-401-020-0000; 06-18-401-019-0000; 06-18-401-016-0000
Zoning: C1; Commercial Industrial
Approximately 95,512 SF, single story building on approximately 10.04 acres. Current configuration includes: Medical office; large warehouse with drive in door previously used for medical records storage; kitchen; locker room & indoor running track.
Property Highlights:
- Flexible Zoning
- Former Sherman Health Resource Center and Call Center
- Potential Outlots
- Current Configuration: Office/Flex/Storage
- Warehouse and Mezzanine Storage
- Kitchen, Locker Rooms, Gym with Running Track
To review the documents for this property, please follow these 3 simple steps:
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- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Auction has expired
Auction Expired because there were no bidsAuction started | June 27, 2018 12:00 am CDT |
Auction Information
ONLINE-ONLY AUCTION
Bidding Starts: June 27, 2018 12:00 am CDT
Bidding Ends: June 27, 2018 12:00 pm CDT
Location: 1019 E. Chicago Street, Elgin, IL, 60123
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
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Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
For wiring instructions email: info@awproperties.com or call 847-509-2757.
There is a 4% Buyer's Premium in effect for this auction.
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