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12 SURPLUS BANK PROPERTIES - LoopNet · shopping center • Strong 1-mi demographics (HHI: $120K;...

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Many Adaptive Reuse & Development Opportunities Purchase Individual Properties or in Any Combination 12 SURPLUS BANK PROPERTIES LOCATED THROUGHOUT ILLINOIS, INDIANA & MICHIGAN MANY PROPERTIES TO BE SOLD WITH LOW RESERVE PRICES! BANK-DIRECTED SALE STEVE MADURA 847.504.2478 [email protected] JAKE SOYKA 847.504.3224 [email protected] 5 Revere Drive Suite 320 Northbrook, IL 60062 855.755.2300 www.HilcoRealEstate.com MICHIGAN CITY, IN MONEE, IL MATTESON, IL EAST MOLINE, IL UNDER CONTRACT UNDER CONTRACT
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Page 1: 12 SURPLUS BANK PROPERTIES - LoopNet · shopping center • Strong 1-mi demographics (HHI: $120K; Pop. Growth 3.7%) • Variety of potential future uses • Neighboring national tenants:

Many Adaptive Reuse & Development Opportunities

Purchase Individual Properties or in Any Combination

12 SURPLUS BANK PROPERTIES LOCATED THROUGHOUT ILLINOIS, INDIANA & MICHIGAN

MANY PROPERTIES TO BE SOLD WITH LOW RESERVE PRICES!

BANK-DIRECTED SALE

STEVE [email protected]

JAKE [email protected]

5 Revere Drive • Suite 320 • Northbrook, IL 60062 • 855.755.2300 • www.HilcoRealEstate.com

MICHIGAN CITY, INMONEE, IL

MATTESON, ILEAST MOLINE, IL

UNDER

CONTRACT

UNDER

CONTRACT

Page 2: 12 SURPLUS BANK PROPERTIES - LoopNet · shopping center • Strong 1-mi demographics (HHI: $120K; Pop. Growth 3.7%) • Variety of potential future uses • Neighboring national tenants:

1 Near Randall Rd. & Corp. Pkwy.Algonquin, IL

LOT 1 - COMMERCIAL DEVELOPMENT SITE

Asking Price: $300,000

• Lot Size: 4± AC• Zoning: B-2 PUD SU Business

(General Retail District)• Adjacent to popular Algonquin Commons

shopping center• Strong 1-mi demographics

(HHI: $120K; Pop. Growth 3.7%)• Variety of potential future uses• Neighboring national tenants: Art Van

Furniture, Bowlero, Hobby Lobby, Nordstrom Rack, Old Navy, Ross

2 Near Randall Rd. & Corp. Pkwy.Algonquin, IL

LOT 2 - COMMERCIAL DEVELOPMENT SITE

Asking Price: $250,000

• Lot Size: 3.5± AC• Zoning: B-2 PUD SU Business

(General Retail District)• Adjacent to popular Algonquin Commons

shopping center• Strong 1-mi demographics

(HHI: $120K; Pop. Growth 3.7%)• Sizable development opportunity• Neighboring national tenants:

Dicks Sporting Goods, Target, Trader Joe’s, WalMart Supercenter

3 484 Delaware CircleBolingbrook, IL

PRIVATE WOODED LOT IN RESIDENTIAL SUBDIVISION

Opening Bid: $25,000

• Lot Size: 0.5± AC• Located within the River Woods Subdivision• Median home value within subdivision:

$422,500 (2017)• Set along the DuPage River, near

Boughton Rd & Bolingbrook Rd intersection• Nearby amenities include walking paths,

parks, fishing, playgrounds, baseball fields and basketball courts

• Perfect location to build your dream home

4 465 Ave. of the CitiesEast Moline, IL

INCOME-PRODUCING MEDICAL OFFICE BUILDING

Asking Price: $799,000

• Building Size: 23,500± SF• Lot Size: 2.9± AC• Zoning: B-2 (Local Business District) • Taxes (2017): $56,958• Institutional lease with GSA

(Veterans Administration)• Well-maintained building constructed

in 1999• Located along strong commercial corridor• Significant value-add/lease-up opportunity

STEVE [email protected]

JAKE [email protected]

UNDER

CONTRACT

ID# CITY STATE DESCRIPTION BUILDING SQ. FT. ACRES ASKING PRICE

ILLINOIS

1 Algonquin IL Land - Commercial n/a 4 AC $300,000

2 Algonquin IL Land - Commercial n/a 3.5 AC $250,000

3 Bolingbrook IL Land - Residential n/a 0.5 AC $25,000

4 East Moline IL Commercial Building 23,500 SF 2.9 AC $799,000

5 Joliet IL Industrial Building 5,200 SF 0.12 AC $110,000

6 Lakewood IL Residential Subdivision n/a 23 AC $25,000

7 Lockport IL Land - Commercial n/a 2.8 AC $25,000

8 Matteson IL Bank Branch / Office 13,500 SF 2 AC $599,000

9 Monee IL Land (2 Sites) - Commercial n/a 6 AC $130,000

10 Oak Forest IL Office Condos 4,680 SF n/a $50,000

INDIANA

11 Michigan City IN Office Building & Land 20,000 SF 65 AC $650,000

MICHIGAN

12 New Buffalo MI Luxury Lakefront Home 3,900 SF 0.19 AC $1,250,000

5 Revere Drive • Suite 320 • Northbrook, IL 60062 • 855.755.2300 • www.HilcoRealEstate.com

BANK-DIRECTED SALE

– UNDER CONTRACT –

– UNDER CONTRACT –

– REMOVED –

– REMOVED –

– UNDER CONTRACT – – SOLD – – SOLD –

– SOLD –

ALGONQUIN COMMONS

ALGONQUIN COMMONS

– REMOVED –

Page 3: 12 SURPLUS BANK PROPERTIES - LoopNet · shopping center • Strong 1-mi demographics (HHI: $120K; Pop. Growth 3.7%) • Variety of potential future uses • Neighboring national tenants:

BANK-DIRECTED SALE

5

9

215-217 E Clinton St.Joliet, IL

26236 IL-50 (Approx.) Monee, IL

INDUSTRIAL WAREHOUSE WITH GARAGE

SIZABLE HIGHWAYDEVELOPMENT SITE

Opening Bid: $110,000

• Building Size: 5,200± SF• Lot Size: 0.12± AC• Zoning: B-3• Taxes (2017): $12,218• Well-maintained industrial building near the

heart of Downtown Joliet• Features professional reception area and

900 SF garage• Approximately 1.5 miles north of I-80• Easy access to Route 30 and Route 6• Ideal for small/local business looking

to own

Asking Price: $130,000

• Lot Size: 6± AC• Zoning: C-1, Commercial District• Lot 5: 3.1065 AC• Lot 6: 3.0952 AC• Excellent visibility along busy

Governor’s Highway• Easy access to I-57 less than 1.5 miles

from site• Sizable development parcel with a variety

of future uses

6

10

Haligus Rd & Woodbine Ln.Lakewood, IL

5320 W 159th St., Unit 3 & 4 Oak Forest, IL

RESIDENTIAL SUBDIVISION WITH 37 PREMIUM LOTS

OFFICE CONDO WITH HIGH SPEED INFRASTRUCTURE

Opening Bid: $25,000

• Lot Size: 23± AC• Zoning: R• Plat can be vacated, and used for a

single home• 37 premium single-family lots set along

the Kishwaukee River• 14.92 acres approved for Phase II of

Cambria Subdivision• Parcel located at northwest corner of

Haligus Road and Woodbine Lane• Stable 3-mi demographics (HHI $98K;

Pop. Growth .15%)

Opening Bid: $50,000

• Office Size: 4,680± SF• Zoning: B-2• Units 3 & 4 comprise entire floor• Elevator building equipped with fiber

optic infrastructure• Conveniently located near major highways,

I-57, I-80, I-294• Walking distance to Metra commuter train

& Pace bus stop• Large pylon signage available

7 NWC Briggs & Parkview Ln.Lockport, IL

COMMERCIALDEVELOPMENT SITE

Opening Bid: $25,000

• Lot Size: 2.8± AC• Ideal for neighborhood retail center• All utilities available to site• Strong 1-mi demographics (HHI $95K;

Pop. Growth 1.21%)• Located by main entrance to Lago Vista &

Pine Valley subdivisions

11 760 N SR 212 Michigan City, IN

CLASS A CORPORATE CAMPUS WITH DEVELOPMENT LAND

Asking Price: $650,000

• Building Size: 20,000± SF• Lot Size: 65± AC• Zoning: M-1 Light Manufacturing• Turnkey corporate campus/HQ facility• 19 offices, 3 conference rooms, kitchen/

break room & open work areas• 2 climate-controlled server rooms with

CAT 5 lines throughout• Low Indiana taxes! ($43,947 - 2018)• 65± acres of additional development land

for future expansion

12 46039 Lake View Ave.New Buffalo, MI

SPECTACULAR LUXURY LAKEFRONT HOME

Opening Bid: $1,250,000

• House Size: 3,900± SF• Lot Size: 0.19± AC• Zoning: R-1 (Single-Family Residential)• Fantastic 3,900 sq. ft. layout designed to

take full advantage of the sweeping Lake Michigan views

• Three-level home features 4 bedrooms / 5 full & 2 half bathrooms

• Spacious kitchen with double sided fireplace, twin refrigerators & wine fridge

• Huge wraparound patio with pool• 60’ of lake frontage

4600 W Lincoln Hwy.Matteson, IL

WELL-MAINTAINEDOFFICE BUILDING

Asking Price: $599,000

• Building Size: 13,500± SF• Lot Size: 2± AC• Zoning: C4• Exceptional visibility & access• 0.5 miles east of the entrance to I-57• Ideal for reuse or redevelopment• Surrounded by retail tenants, car

dealerships, and residential developments• Neighboring national tenants: Chipotle,

Dollar Tree, Dunkin’ Donuts, Enterprise Rent-A-Car, Giordano’s, LA Fitness, Panda Express

8

UNDER

CONTRACT

UNDER

CONTRACT

– SOLD –

– SOLD –

– SOLD –

– REMOVED –

For more information, please visit our website at HilcoRealEstate.com or contact:

The information contained herein is subject to inspection and verification by all parties relying on it. No liability for its inaccuracy, errors, or omissions, are assumed by the Sellers, their representatives or Auctioneer. ALL SQUARE FOOTAGE, ACREAGE AND DIMENSIONS IN THIS BROCHURE ARE APPROXIMATE. This offering is subject to prior sale and may be withdrawn, modified or canceled without notice at any time. This is not a solicitation nor offering to residents of any state where this offering may be prohibited. Hilco Real Estate, LLC in cooperation with Jeff Azuse, Illinois Broker, Lic. #471.011086, Steve Mathis, Indiana Broker, Lic. #RB15000976 & Aaron Eichenberg, Northstar Commercial, MI Broker, Lic. #6501359351. © 2019 Hilco Global, LLC

STEVE [email protected]

JAKE [email protected]

5 Revere Drive • Suite 320 • Northbrook, IL 60062 • 855.755.2300 • www.HilcoRealEstate.com


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