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Description
SOLD
Minimum Bid: $399,000
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2%
Lot Size: Approx. .31 Acres
Building Size: Approx. 54,000 SF
2017 Taxes: $12,795
PIN #: 16-17-200-002-0000
Zoning: B3-2
This approximately 54,000 sf commercial building is located on the corner of Madison Street and Austin Avenue near Oak Park. The 6-floor building has a first floor retail space and 5 additional floors above that were previously a moving/storage facility. There are loading docks and a freight elevator accessible via the rear alley. Each of the 5 storage floors have multiple individual storage units on each floor. Each floor is approximately 9,000 sf.
This property is priced to sell with a minimum bid/published reserve of $399,000 or $7.39/ sf. Pre-auction bids are highly encouraged!
Contact David Makowski at 312-927-2757 or davem@awproperties.com for more details or to schedule a tour.
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- 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 | July 29, 2019 12:00 am CDT |
Auction Information
ONLINE-ONLY AUCTION
Bidding Starts: July 29, 2019 12:00 am CDT
Bidding Ends: July 29, 2019 3:00 pm CDT
Location: 5951 West Madison Street, Chicago, IL, 60644
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.
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 6% Buyer's Premium in effect for this auction.
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