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Description
Minimum Bid: $199,000
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Lot Size: Approx. .6 Acres
Building Size: Approx. 2986.5 SF
2020 Taxes: $5,918
PIN #: 1130100021
Zoning: C5 MU; TIF 2 District
Just re-listed to the market. Approximately .6 acres (24,829 sf) of land. located in downtown Mundelein in a high traffic location. Currently zoned C5 MU; (downtown mixed use district) and is in a TIF 2 District (adopted in 2016). Many other commercial businesses surround this property, including a McDonalds (across the street) and other restaurants, dry-cleaners and gas stations. Mundelein is a growing downtown area and this land is ideal for re-development.
There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops or added parking for your neighboring business.
Pre-Auction Bids Highly Encouraged!
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 Information
ONLINE-ONLY AUCTION
Location: 167 Seymour Street, Mundelein, IL, 60060
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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