Arlington Heights, IL Property Bid Deadline March 24, Auction is March 29
CHICAGO, March 04, 2022–(BUSINESS WIRE)–Times may be uncertain, but that doesn’t stop savvy investors from taking advantage of the many opportunities that currently abound. Case in point: A bankruptcy auction will be held on March 29 for property in Arlington, Illinois — just a 10-minute drive from the proposed new Chicago Bears stadium — for a multi-tenant auto service center of 20,000 square feet with an average daily traffic of 25,700. The center, located at 1907 – 1929 S. Arlington Heights Road in Arlington Heights, IL on 1.5 acres, is a fully leased property, containing 7 tenants and parking for over 70 vehicles.
Keen-Summit Capital Partners LLC has been retained in a pending case in the United States Bankruptcy Court in Illinois, Case No. 20-18444, as the exclusive real estate broker of the property for sale.
Said David Levy, Managing Director of Keen-Summit Capital Partners: “This is a great opportunity for a savvy investor to offer their best price on a 100% occupied property, with on-site income and a parking lot full of cars showing a demand for the services provided by the 7 auto service tenants.” Levy points out, “With the new Chicago Bears stadium expected to be just a few miles away, road traffic is expected to increase in the area in the future, making even more likely that the property will continue to remain busy and profitable.” The service center was built in 1985.
For more information, please visit https://www.keen-summit.com/project/bankruptcy-auction-multi-tenant-auto-service-center-arlington-heights-il/.
About Keen-Summit Capital Partners LLC
Keen-Summit Capital Partners LLC is a real estate brokerage, turnaround and investment banking firm specializing in special situations, restructurings, bankruptcies and receiverships, with offices in Manhattan and Melville, NY and Chicago IL . Keen-Summit Capital Partners LLC represents property owners, business and commercial tenants, commercial and industrial companies, investors, developers and creditors in various industries. Clients benefit from his reputation for excellence and integrity, extraordinary industry experience, deep market knowledge, proven business approach, deep industry relationships, recovery and bankruptcy and exceptional execution capabilities. For more information about Keen-Summit Capital Partners, call 646.381.9222 or visit www.keen-summit.com.
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Media contact: Jen Galluzzo
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