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Matteson, IL - 6360 Lincoln Hwy. (IL 30)

6360 Lincoln Hwy. - Matteson, IL

Description

THE PROPERTY: A 1.68 Acre commercial development site located at the northeast corner of the signalized intersection of Lincoln Hwy. (IL 30)  and Ridgeland Ave. This property is located near a number of planned residential communities. The site is generally flat with great visibility and access.

Zoning: The property is zoned C-4 Highway Commercial

Taxes:  $6,880 (2017)

Why Buy This Property

High Traffic Location – This high traffic location has frontage on both Lincoln Hwy. (IL 30) and Ridgeland Ave. The Traffic Count on Ridgeland Hwy. is approximately 17,800 VPD.

Location:  1.25 miles west of the intersection of Interstate 57 and IL 30 Lincoln Hwy., Just east of the Manheim Business Park

Area:  97,132 sq. ft.

Frontage:  300' Lincoln Hwy, 279' Ridgeland Ave.

Population - Within 1 Mile - 6,560, 3 Miles - 42,302

Median Household Income - $58,685

Property Location

Auction / Date / Time

Auction
February 28, 2019 11:00 A.M. CST

Property Video

Offering Strategy

MINIMUM BID: $37,000 - This property will be sold to the highest bidder, subject to the published minimum bid and the Terms of Sale. This is a live auction event. Bidders are encouraged to ask questions in advance. Bidding will take place at the Hampton Inn, 20920 Matteson, Matteson IL

The purchase of a Bidder's Information Packet and a cashier's check made payable to Chicago Title Insurance Company is required to bid. See Bidder's Information Packet for more details.

Inspection Dates

This vacant land parcel is available for viewing at your convenience. Inspection of the property is at your own risk. Seller nor seller's agent takes no responsibility for any injury which may occur while inspecting the property. Please call 312.278.0600 Extension 101 if you have any questions.

Auction Location

Live Auction- The auction will be conducted as a live auction event. The auction time and location are as follows:

The Hampton Inn
20920 Matteson, Matteson, IL 60443

Date:  February 28
Registration: 10:30 AM
Auction: 11:00 AM

Details

Certified Funds To Bid : $5,000

Buyer's Premium (Buyer's Fee) : 10% of the high bid

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes: auction and property information, title report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.



Bidder's Information Packets are available in PDF format for $10.00. To order your Packet or call us at 312.278.0600 ext. 101 or email us at info@fineandcompany.com

Contact Us

  Fine And Company LLC
  Renee Jones, CAI, AARE
  713-780-2800
  rjones@fineandcompany.com

Request more information

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Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Fine & Company LLC, Licensed Illinois Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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