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Multi-Tenant Strip Center in Crest Hill Illinois

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Live On-Site Auction

Wednesday, November 1st
1:00 PM (CT)

Preview

Thursday, October 19th
10:00 AM – 12:00 PM (CT)

Auction Details

Bank-Ordered Auction of a 28,400 SF strip center on 6.18 acres at the intersection of Knapp St. & Larkin St. in Crest Hill, IL. The property is about 50% occupied with great upside. Property is ideal for a Professional Services or Retail Business Owner to be an Owner Occupant, with the property already cash flowing with current occupancy.

Detailed financial information available upon request!
Auction Location Address: 1801 Knapp Drive, Crest Hill, IL 

Address 1801 – 1847 Knapp Drive, Crest Hill, Illinois 
Zoning B-3 (Business Service District)
Parcel Numbers 11-04-31-405-052.0000 | 11-04-31-405-053.0000 | 11-04-31-405-054.0000
Lot Size 6.18 +/- acres
Frontage Area 545′ on Larkin Ave. / 960′ on Knapp Dr.
Building Size 28,400 square feet
Construction Type Concrete block
Roof Type Flat rubber membrane (White)
Parking Lot Asphalt paved
Assessed Tax Value $844,518
Annual Taxes $79,109.38
Other Pertinent Data 50% Occupancy
Required Down Payment $100,000 cashier’s check at auction; bring to 10% within 3 days
Closing Time Within 30 days
Tax Administration Pro-rated to date of closing

For more information, contact
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)
vhughes@keyauctioneers.com

Key Terms
10% buyers premium will be collected
Seller: McCormick 101, LLC

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