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OWNER ORDERED AUCTION
NORWOOD SQUARE SHOPPING CENTER
Auction: Monday, September 27th at 12:00 PM
Redevelopment / Revitalization Opportunity

Chicago MSA

Parcel 1: [more info]
100-800 Norwood Square Drive
Park Forest, IL 60466

Sells to the Highest Bidder over $170,000
Less Than $1.50 per Square Foot!!!!!

Norwood Square Shopping Center is a 132,000 +/- square foot retail strip center located at the corner of Norwood Square Drive and Western Avenue in the tranquil village of Park Forest, Illinois. Having lain dormant for the past 10 years now is the time to bring this property back to life. Resting on 16 +/- acres, the 24 individual retail units are ready for renovation and new tenants.

Parcel 2: [more info]
2562 Western Avenue
Park Forest, IL 60466

Sells to the Highest Bidder over $70,000

The Owner of this former restaurant has ordered an immediate auction of this property located at 2562 Western Avenue in Park Forest, Illinois. This property is located approximately 27 miles from Chicago's Central Business District. This property is being sold on the same day at the adjacent Norwood Square Shopping Center is being sold at auction. This area of Park Forest is primed and ready for redevelopment and revitalization.

Zoned: C-2 (Planned Commercial/Neighborhood Shopping)

Contact:
Steve Cooney, CAI
(270) 769-0284
scooney@tranzon.com

 

Tranzon Asset Advisors, Vance Luksetich, Il Broker 475.109026

10% Buyer's Premuim in effect, (Parcel 1) $50,000 certified funds required to bid, (Parcel 2) $5,000.00 certified funds required to bid other terms apply

2% Broker Participation Invited!





www.tranzon.com

Agency Disclosure: Brokers are acting as auctioneer/agent for the Seller only. Information contained herein is believed to be correct to the best of agent's/auctioneer's knowledge but is subject to inspection and verification by all parties relying on it. Seller's, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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