Former Le Francais Restaurant in Wheeling, IL
269 South Milwaukee Avenue
Wheeling, IL 60090
FOR SALE Auction Property
Last Verified:Feb 08, 2021
Minimum Bid: $650,000 Buyer’s Premium: 6% Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added) 2019 Taxes: $60,784.30 PIN #: 03-12-105-024-0000 Lot Size: Approx. .58 acres Building Size: Approx. 4,322 sf Zoning: B-3 New to the market! Approximately .58 AC (Approx. 25,398 SF) of buildable land with an approx. 4,322 SF vacant building (the former Le Francais restaurant) that has a very large kitchen and includes all furniture, fixtures and equipment. This property has a paved parking lot with 45 spaces. Located on desirable, high-traffic Milwaukee Avenue along “Restaurant Alley” just South of Dundee Road , it has easy access from both South and North directions and boasts 26,000+ Cars Per Day. There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops etc. Pre-Auction Bids Highly Encouraged! •Online Auction Bidding Starts at 11 AM CST Wednesday, March 24, 2021 and ends Friday, March 26, 2021, 11 AM CST •Minimum Bid: $650,000 •Buyer's Premium: 6% (calculated off accepted bid price) •Cooperating Broker's Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added) •Pre-Auction Bids Highly Encouraged!