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Mundelein, Il - Bank Branch Building - ABSOLUTE AUCTION!!!

401 N. Seymour Avenue - Mundelein, IL

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Description

Excellent Visibility For Many Retail, Professional Office or other uses

Why Buy This Property

One story plus finished lower level 3195± SF main floor footprint. A former bank branch with with drive through lanes built in 1960s on a beautifully landscaped .69± acre lot at corner of Seymour Avenue (75+_ feet of frontage) and Hawley Street (279 feet of frontage). This property is ideal for a multitude of uses from professional offices where you can simply move right in, even the furniture is here to retail, or medical use. The first floor features an open lobby with teller area, private glass enclosed private offices, storage room, the lower level features a conference room, three private glass enclosed office, large open area, vault, lunch room and mechanical room. Vehicular access to 24 parking spaces and building is via curb cuts on Hawley and from a 20’ alley.

Parking for approximately 25 cars.

Zoned C-5 Downtown Zoning District.

2014 Taxes on parcels#11-19-322-012 and 11-19-322-019 are approximately $31,026

A February 25, 2014 ESA revealed evidence of off-site RECs in connection with the Site.

Property Location

Auction / Date / Time

Auction W/Webcast
August 26, 2015 10:00 AM SHARP

Offering Strategy

Absolute Auction - To Be Sold to the Highest Bidder, Regardless of Price!

Inspection Dates

10:00 AM - August 14, 19

Auction Location

On Site and webcast bidding

Details

Buyer's Premium (Buyer's Fee) : 10% of the high bid

In Cooperation With : Auction Management Corporation

Contact Us

  Fine And Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

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Other Information

Broker Participation : Buyer's Agent participation is invited!

A 1% referral fee will be paid to th REALTORĀ®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale.

Licensing : Fine & Company, LLC, Licensed Illinois Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. You may dowload the Terms of Sale below.

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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