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Suggested Opening Bid: $110,000
Buyer’s Premium: 5%
Cooperating Broker’s Commission: 2%
2014 Taxes: $6,002.82
PIN #: 15-22-336-010
Lot Size: Approx. 6,723 sf
Building Size: Approx. 8,135 sf
Zoning: DC – Downtown Core District
This property consists of a part one story and part two-story and partial basement, masonry constructed, retail/office building. containing approx. 8,135 SF and approx. 6,100 rentable SF. The building is suitable for two tenants. The southern unit is approx. 1,100 SF on the first floor with an open sales area, small rear office and storage area, and powder room. The northern unit is approx. 5000 SF; the ground floor is approx. 4000 SF which contains open and private offices, a conference room, men’s and women’s washrooms and adequate storage space. The basement has another men’s and women’s washroom and shower area as well as additional office/meeting and storage space.
The property is zoned DC, Downtown Core District, by the City of Aurora, Illinois. This classification permits a wide variety of retail, office/professional, public and semipublic, residential, amusements, and other uses. There are no restrictions or regulations regarding lot size, ground-floor area, lot coverage, floor-area ratio or building height. Existing buildings/uses are allowed with new developments considered on a case-by-case basis. The property is not located in a flood hazard or wetlands area, and no easements or prior restrictions exist which would have a negative effect on its potential utility. Based on an analysis of these criteria, it is legally permissible to construct the foregoing types of improvements on this property, subject to the normal approval process.
Located in downtown Aurora on the westside of S. Broadway Avenue, adjacent to city hall & blocks from Casino.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||July 20, 2015 11:00 am CDT|
Bidding Starts: July 20, 2015 11:00 am CDT
Bidding Ends: July 22, 2015 11:00 am CDT
Location: 19-21 South Broadway Avenue, Aurora, IL, 60507
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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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.
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