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Description
SOLD
New Minimum Bid/Published Reserve Price: $175,000 (Reduced from $195,000)
Buyer’s Premium: 6% ($40,000 minimum applies)
Cooperating Broker’s Commission: 2%
Lot Size: Approx. .52 acres
Building Size: Approx. 3,671 sf
2018 Taxes: $15,362.66
PIN #: 11-05-101-006
Zoning: B3-Office /Service District
This approximately 3,671 sf vacant, historical office building is prominently situated on an approximately .52 acre lot on Main Street (State Rt. 47), in Elburn, Illinois.
It is located just 5.5 miles North of I-88 and 2.8 miles from the Metro station.
Zoned B3-Office /Service District, this 1880‘s Queen Anne was converted from residential to office/service use and potentially could be converted back to residential (please confirm with the village zoning department if you intend to convert the property to residential).
This charming, walkup building has a layout that includes one (1) office, one (1) conference room, a kitchenette, and a waiting area on the first floor; and five (5) offices on the second floor. There are 3 washrooms. The building also has two (2) fireplaces, attic access, basement storage, ample parking (20 spaces), a one (1) two car garage, and a artist studio/work studio/storage. Original, custom built-ins and woodworking details throughout add to the overall character of this historic office building.
Notably, Elburn‘s eastern neighbors are the Tri-City communities of Geneva, Batavia & St. Charles.
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 | March 20, 2020 12:00 am CDT |
Auction Information
ONLINE-ONLY AUCTION
Bidding Starts: March 20, 2020 12:00 am CDT
Bidding Ends: March 20, 2020 3:00 pm CDT
Location: 303 N. Main Street, Elburn, IL, 60119
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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