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Cicero, IL - Freestanding Former Bank Branch & Drive-Through Facility

5801 W, 5800 W Cermak, Cermak - Cicero, Cicero, IL

Description

  • Two prime corner locations in the commercial corridor of Cicero, IL.
  • High traffic counts with outstanding frontage & visibility along heavily traveled & busy Cermak Road
  • Zoned C-1 (Neighborhood Commercial District)
  • Ample parking

Why Buy This Property

To Be Sold ABSOLUTE Regardless of Price!

Former Bank Branch & Parking
5801 W. Cermak, Cicero, IL 60804

Drive-In Banking & More Parking
5800 W. Cermak, Cicero, IL 60804

30,000 PER DAY TRAFFIC COUNTS

In Cooperation With: Auction Management Corporation

Excellent opportunity to acquire a freestanding two story bank building with fully finished basement, adjacent parking and a drive-through banking facility and more parking across the street. This is an excellent reuse, repositioning or redevelopment opportunity in the heart of the Cicero business district.

  • Two story with finished basement freestanding elevator building constructed in 1959. The footprint of the building is 7,383. The building features forced air HVAC, fire protection system, security system, and plenty of vaults.
  • Main Floor - Retail banking, private offices, teller areas, break room, bathrooms, supply room and closets
  • Second Floor - Private offices, board room, administrative open area and bathrooms
  • Basement – Fully finished with large fully equipped safe deposit vault, viewing rooms, conference rooms, server room, electrical room and storage areas
  • Land Area: 5801 W. Cermak Rd – 16,781 Sq. Ft.
  • 5800 W. Cermak Rd - 17,278 Sq. Ft.
  • Parking:Parking is provided both in the parking lot adjacent to the building (19 diagonal spaces) and across Cermak next to the drive-through banking facility (15 diagonal spaces)
  • * Drive Through: The drive through banking facility is across the street and features a six lane drive up with transport tubes traveling under the street and into the bank building.

Environmental:A November 3, 2010 ESA revealed no evidence of RECs in connection with the Site. Numerous other environmental tests have been performed on the site including mold and asbestos studies and remediations and are availble via the due diligence button below.

Don’t miss this opportunity to buy these properties in an ABSOLUTE auction, with no minumum bid and sold to the highest bidder regardless of price!

Don’t miss this opportunity to name your price and own both of these locations!

Property Location

Auction / Date / Time

On Line Auction
September 30, 2014 3:00 PM

Inspection Dates

11:00 AM – September 18 & 25

Auction Location

The properties are located in Cook County in the Town of Cicero. Google Interactive Map: http://goo.gl/maps/87a6r

Details

Certified Funds To Bid : Bank Proof of Funds Required to Bid, , 10% Earnest Money Deposit, close in 45 days.

Buyer's Premium (Buyer's Fee) : 5% of the high bid

In Cooperation With : Auction Management Corporation

Contact Us

  Fine And Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

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Other Information

Broker Participation : Buyer’s Agent participation is invited! A 2% referral fee will be paid to the REALTOR®/ BROKER whose registered buyer closes on this property. Please refer to the Buyer/Broker registration requirements in the Terms of Sale.

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. You may download the Terms of Sale here.

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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