Retail•Strip Center•For Sale

Strip Center with Vacant Former Grocery in Melrose Park Retail Submarket

601 S. 25th Ave, Bellwood, Illinois 60104

Sale Price $2,000,000
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 2000
Stories 1
Minimum Bid/Published Reserve Price: $2,000,000 Buyer's Premium: 6% Cooperating Broker's Commission: 2% 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.
  • Online Auction Bidding Starts at 11 AM CST Wednesday, April 22, 2020 and ends Friday, April 24, 2020, 11 AM CST
  • Minimum Bid/Published Reserve Price: $2,000,000
  • Buyer's Premium: 6%
  • Cooperating Broker's Commission: 2%
  • Pre-Auction Bids Highly Encouraged!
3/4/2020 12:00:00 AM 3/4/2020 10:51:54 PM
Diana Peterson
President and CEO
AW Properties Global
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