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This property is part of a 6 property portfolio including 27045 W. Grass Lake Road, Antioch, IL 60002; 400 & 406 East 103rd Street, Chicago, IL 60628; 6341 W. Belmont Avenue, Chicago, IL 60634; 109-119 W. Grand Avenue, Melrose Park, IL 60164; 2410 W. Washington Street, Waukegan, IL 60085. Make a pre-auction offer on all 6 properties as a package or on any individually.
Minimum Bid/Published Reserve Price: $685,230
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2%
Lot Size: Approx. 2.2 Acres
Building Size: Approx. 2,160 SF
2017 Taxes: $6,964.32
PIN #: 15-17-177-001; 15-17-327-002
Zoning: B-2 & B-1; Neighborhood Business District
Single tenant restaurant/bar with gaming in place and 1 apartment. Strong rental history with lease through 2021.
ABSOLUTELY NO SOLICITATION TO THE TENANTS; ALL PROPERTY INQUIRES MUST BE PRESENTED TO AUCTIONWORKS
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 expiredAuction Expired because there were no bids
Location: 2601 S. River Road, McHenry, IL, 60051
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: firstname.lastname@example.org or call 847-509-2757.
There is a 5% Buyer's Premium in effect for this auction.
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