Auction: 13 Acres Rte 20 (Lake St.) & Russel Road for sale in Elgin, Illinois

$675,000

13.67 acres partially improved land for townhouse development located in Tall Oaks Subdivision. Property is comprised of 17 five- to six-unit buildings for a total of 95 units, upon completion. Of the total 95 units, 30 lots are improved and 65 lots are partially improved. Great investment opportunity!
List price is $995,000 with an Opening Bid of $675,000 if no offer received prior to auction on 11/23/13. Call for details. ?Buyer?s Fee? of 2% or $2,000, whichever is greater, will be added to high bid to determine final sale price. Nonrefundable EM of 5% of the high bid/sales price due from high Bidder on day of auction/offer. Cash closing, no contingencies. Offers are subject to seller approval. Property is being sold ?as-is, ?where is?. Firm: Micoley.com LLC #94. Broker: #45.
Directions: Route 20 (Lake Street) west past Randall Rd to left on Nesler Rd to right on Gansett Parkway. Property is on the right.
For more information please contact Micoley.com, LLC at .


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