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Previously Valued At $975,000
Minimum Bid: $300,000
Buyer’s Premium: 10%
Cooperating Broker’s Commission: 2%
Building Size: Approx. 16,242 SF
Lot Size: Approx. .94 Acres
Grade Level Doors: 4
Dock High Doors: 1
Ceiling Height: 20 FT
2016 Taxes: $52,239.41
PIN #: 03-14-205-011-0000
Zoning: I-3; General Industrial
Tax Proration/Closing Credit: Seller Shall Provide $100,000 Credit at Closing for 2017 Real Estate Taxes
This approximately 16,242 SF flex building is comprised of 4 units with a common loading dock: Unit A (approx. 6,046 sf); Unit B (approx. 3,200 sf); Unit C (approx. 3,098 sf); and Unit D (approx. 3,898 sf). Unit C has a month to month tenant paying $2,645/month; Unit A, B and D are vacant. High end finishes throughout in this quality, build to suit property. Excellent owner/user or investment opportunity.
Located immediately west of Chicago Executive Airport and Wolf Road. 10 minutes from major expressways. Easy Access to I-294 and I-53 via Palatine Road.
Closing must occur on or before 10 days after the online auction closes.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||December 18, 2017 11:00 am CST|
Bidding Starts: December 18, 2017 11:00 am CST
Bidding Ends: December 20, 2017 11:00 am CST
Location: 270 Larkin Drive, Wheeling, IL, 60090
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
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
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.
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There is a 10% Buyer's Premium in effect for this auction.
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