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Description
SOLD
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
Zoning: B-2
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.
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 started | July 1, 2015 11:00 am CDT |
Auction Information
ONLINE-ONLY AUCTION
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
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.
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