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Add Your Auction   1 Commercial Real Estate Auctions in Illinois, 22-Feb-2021

1 properties: Displaying page 1 of 1

Mon. Feb, 22 @ 11:00 am

Operating Car Wash/Re-Development Opportunity

  • AW Properties Global
  • Contact: Diana Peterson
  • Phone: 8475092757
  • Listing added on 11/16/20
AW Properties Global

731 S. Addison Road, Addison, IL 60101

Incredible Re-Development Opportunity Minimum Bid: $499,000 Buyer’s Premium: 6% ($40,000 minimum applies) Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added) Built: 1973 Lot Size: Approx. .54 ACRES 2, 931 SF Building Size: Approx. 2, 931 SF 2019 Taxes: $12,156.92 PIN #: 03-33-208-003 Zoning: B1 Traffic Count: 17,900 VPD Back on the market with a 20%+ price reduction, by a motivated seller! This car wash is currently in operation. It sits on a busy Addison Road location with approximately 17,900 cars per day. A flat level .5 acres also was recently surveyed and inspected and has a clean Phase 1 Environmental study (2016). There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops or automotive repair etc. This property is ideal for an improved and updated car wash or a re-development opportunity for other commercial businesses. . . . more

1 properties: Displaying page 1 of 1