Retail•Free Standing•For Sale

Incredible Re-Development Opportunity in Mundelein, IL

167 N Seymour Ave, Mundelein, Illinois 60060

Sale Price $195,000
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1997
Stories 1
Suggested Opening Bid: $195,000 Buyer's Premium: 6% Cooperating Broker's Commission: 2% Lot Size: Approx. .6 Acres Building Size: Approx. 2986.5 SF Manual Bays: 6 2018 Taxes: $5,942.72 PIN #: 1130100021 Zoning: C5 MU; TIF 2 District New to the market! Approximately .6 acres (24,829 sf) of land. The existing building is approx. 2986.5 sf. Currently there is a vacant, 6 bay car wash on this property. It is located in downtown Mundelein in a high traffic location. Currently zoned C5 MU;(downtown mixed use district) and is in a TIF 2 District (adopted in 2016). Many other commercial businesses surround this property, including a McDonalds (across the street) and other restaurants, dry-cleaners and gas stations. The property is fully improved and features heavy power. There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops etc. AUCTION DETAILS • Online Auction Bidding Starts at 11 AM CST Wednesday, February 19, 2020 and ends Friday, February 21, 2020, 11 AM CST • Suggested Opening Bid: $195,000 • Buyer's Premium: 6% • Cooperating Broker's Commission: 2% • Pre-Auction Bids Highly Encouraged!

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12/17/2019 12:00:00 AM 12/17/2019 9:11:46 PM
Diana Peterson
President and CEO
AW Properties Global
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