Retail
Strip Center

Strip Center with Vacant Former Grocery in Melrose Park Retail Submarket

601 S. 25th Ave,  Bellwood, Illinois 60104

For Sale

$1,700,000

About 601 S. 25th Ave

New Minimum Bid/Published Reserve Price: $1,700,000 (Reduced from $1,900,000) Buyer's Premium: 6% Cooperating Broker's Commission: 2% of Bid Price/Offer Price (before Buyer‘s Premium is added) Year Built: 2000 Lot Size: Approx. 2.03 Acres / 88,859 SF Entire Center: Approx. 28,858 SF Parking: Approx. 60 Cars; 2.01/1,000 PIN #s: 15-10-316-042-1001; 15-10-316-042-1002; 15-10-316-042-1003 (PIN#s 1002/1003 have the 7c tax incentive; 615-625) Zoning: B1(Retail/Office) Traffic Counts: 23,800 VPD (25th Avenue); 12,100 VPD (Washington Blvd.) This newly remodeled strip center has 4 retail units consisting of an approximately 15,757 sf, vacant former Save-A-Lot grocery store (unit 625); an approximately 9,373 sf store leased to Beauty Gallery (unit 601); an approximately 1,999 sf store leased to Chicago Trading (unit 617); and an approximately 1,729 sf, vacant retail store adjacent to the former grocery store (unit 615). Located in Bellwood, Illinois at the corner of 25th Avenue and Washington Blvd. in the Melrose Park Retail Submarket.
Multi-Tenant
B
Existing
2000
1
Auction
New Minimum Bid/Published Reserve Price: $1,700,000 (Reduced from $1,900,000)
Buyer's Premium: 6%
Cooperating Broker's Commission: 2%
Pre-Auction Bids Highly Encouraged!
Attachments & Links
Property

Diana Peterson

President and CEO

AW Properties Global

707 Skokie Blvd., Suite 600
Northbrook, Illinois 60062


wait...