SVN AuctionWorks

SVN AuctionWorks
  • Property Type: Commercial Real Estate
  • Auction Company: SVN AuctionWorks
  • Contact: Diana Peterson
  • Listing Added:10/26/18

Suggested Opening Bid: $699,000 Buyer's Premium: 6% Cooperating Broker's Commission: 2% Built: 1994 Lot Size: Approx. .87 Acres Building Size: Approx. 8,500 SF Units: 6 Occupied: 25% 2017 Taxes: $23,754.12 PIN #: 19-14-428-006 This retail shopping center is approximately 8,500 sf and has 6 individual units. A value add opportunity for an investor, this center currently has 2 units that are leased. A 7-11 convenience store is the anchor tenant and the other tenant is a dry cleaning business. Both tenants have been in place for over 10 years and are in long term auto renewal leases. Each unit has its own dedicated gas/electrical meter and HVAC systems. The building has been meticulously maintained and the roof and mechanicals are annually inspected with no known issues or leaks. Unit 6 (leased by the 7-11) is approximately 2,500 sf; Units 4 and 5 are approximately 2,005 sf each; Units 2 and 3 are approximately 900 sf each; Unit 1 (leased by the dry cleaners) is approximately

Property Location 270-296 Cary Algonquin Road
Cary IL 60013

Auction DateWednesday, January 16, 2019
Time : 11:00 am

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