Court Ordered Auction: Two Office Condominiums Plus Warehouse

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30177674
Property Subtypes: Flex Space, Other
Building Size (RSF): 14,754 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $16.94 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/8/2018

Overview / Comments

Suggested Opening Bid: $250,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 0.81 Acres

Year Built: 1957

Building Size: Approx. 14,754

Renovated: 2002

2016 Taxes:

$10,854.29 PIN # 08-12-122-037-1002; Unit B

$ 4,458.83 PIN # 08-12-122-037-1003; Unit C

Zoning: I-1; Limited Industrial District

Two vacant office condominiums plus warehouse. Former contractor's office featuring spacious offices, collaborative work areas, conference room, 3 full bathrooms, a warehouse, indoor parking garage and ample surface parking in gated lot.

Located on the corner of Prospect Avenue and School near the Mount Prospect Train Station.

The entire building is NOT for Auction, only two of the 3 units are (Unit A is not included in the Auction and has different ownership).

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Tax ID/APN: PIN # 08-12-122-037-1002; Unit B; PIN # 08-12-122-037-1003; Unit C
Total Number of Buildings: 1
Zoning Description: Zoning: I-1; Limited Industrial District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,099 156,273 370,730
Median Age: 42.79 41.99 41.64
Households: 6,440 61,963 144,360


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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