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Suggested Opening Bid: $360,000
Buyer’s Premium: The greater of 6% or $20,000
Cooperating Broker Commission: 2% of Bid Price/Offer Price (before Buyer‘s Premium is added)
Lot Size: Approx. .82 Acres
Building Size: Approx. 20,956
Parking: 29 Existing Spaces (Opportunity to Add More)
Zoning: C-3 Commercial
2019 Total Taxes: $16,567.82
2019 Taxes: $1,983.02
PIN #: 06182080120000
2019 Taxes: $7,603.14
PIN #: 06182080130000
2019 Taxes: $1,969.14
PIN #: 06182080140000
2019 Taxes: $5,012.32
PIN #: 06182080150000 (Round Lake Heights)
Traffic Count 10,900 VPD
Terrific vacant redevelopment opportunity. Approx. 20,956 SF commercial space on high traffic area sitting on approximately .86 AC. The building has 4 PIN #’s. The interior has been demolished and cleared to the walls and ceiling by the current seller. All steel and concrete construction. Ready for new build out. Configured for either multiple tenants or a single-use tenant. Ceilings are approximately 14’. There 29 existing parking spots to accommodate 1 car/5 persons. The village has indicated a strong willingness to help a buyer pursue a “special use” variance permit. Aggressively priced at approximately $18.00/SF.
Pre-auction offers strongly encouraged!
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Total Bids Placed:
Location: 832 West Rollins Road, Round Lake Beach, IL, 60073, United States
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.
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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.
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There is a 6% Buyer's Premium ($20,000.00 minimum applies) in effect for this auction.
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