Absolute Auction of Former Bank Branch in Mundelein, IL

Absolute Auction of Former Bank Branch in Mundelein, IL

3,195± SF Footprint Former Bank Branch Built in the 1960s Sale Manager: Michael Fine 312-278-0600 ext. 101 or michael@fineandcompany.com
  Auction Location
Sold for $91,350

Sold for $91,350

 

401 N Seymour Ave, Mundelein (Lake County) IL 60060
Selling Onsite with Live & Webcast Bidding
Wednesday, August 26th at 11:00AM CT
Inspection: August 14 & 19 at 10:00AM
Sale Manager: Michael Fine 312-278-0600 ext 101 or michael@fineandcompany.com
Property Description: One story 3,195± SF footprint former bank branch with with drive through lanes built in 1960s on irregular shaped .69± acre lot at corner of Seymour Avenue (75± feet of frontage) and Hawley Street (279± feet of frontage). Vehicular access to 24 parking spaces and building is via curb cuts on Hawley and from a 20’ alley . Zoned C-5 Downtown Zoning District. Taxes on parcels#11-19-322-012 and 11-19-322-019 were about $30,000 in 2013.
A February 25, 2014 ESA revealed evidence of off site RECs in connection with the Site.
 
 
Terms: Bank Proof of Funds Required to Bid, 5% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, 1% Broker Co-Op, close in 45 days.
 
 
Julian E Howell, III
Auctions conducted in cooperation and conjunction with:
Michael Fine, Fine & Company LLC, IL Broker 481011386
 
 
 
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