Ridge Brook Plaza: Bank Owned Strip Center
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Previously Valued to: $499,000
New Minimum Bid: $ 200,000 (Reduced from $300,000)
Cooperating Broker’s Commission: 2%
Buyer’s Premium: 5%
2013 Taxes: $57,930.62
PIN #: 33-05-315-022-0000
Building Size: Approx. 15,000 sf
Lot Size: Approx. 1.42 Acres
The Ridge Brook Plaza is located at the intersection of Burnham Avenue and 193rd Street in Lansing, Illinois. The bank owned strip center is 15,000 square feet demised among 12 units. The property is 37.5% leased, leaving significant upside potential for an investor. Incredible value-add opportunity. Rental Income: $8,156.63/month
Great corner location with high exposure and a pylon sign. Located near I-80/94 in Chicago’s south suburbs.
The property is centrally located in Lansing, Illinois, a southern suburb of Chicago. Located approximately 2 miles south of I-94, just east of the I-80/294 & I-94 interchange. Great corner location with high visibility.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||July 1, 2015 11:00 am CDT|
Bidding Starts: July 1, 2015 11:00 am CDT
Bidding Ends: July 6, 2015 11:00 am CDT
Location: 19261-89 South Burnham Avenue, Lansing, IL, 60438
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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.
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