Past Auctions
Winter Auction - November 9, 2023 at 12pm
We had a Sealed Bid Auction for four Chicagoland development sites on September 14, 2023
A 10 acre land parcel in Wadsworth, IL was available for sale via sealed bid auction. Comprised of two separate parcels, these sites provide a multitude of developmental possibilities: commercial, retail, office and more. Call or text Daniel J Hyman at 312.338.3003 or email at dhyman@mpirealestate.com or Brad Thompson at 312.338.3012 or email at bthompson@mpirealestate.com.
A 0.14 acre (or approx. 6,002 square foot) residential development site in the Little Village neighboorhood in Chicago was available for sale at auction. The parcel is zoned residential and allows for development for a townhome or single family home. Call or text Daniel J Hyman at 312.338.3003 or email at dhyman@mpirealestate.com or Brad Thompson at 312.338.3012 or email at bthompson@mpirealestate.com.
A 9.03 acre residential land parcel in Rockford, IL was available for sale via sealed bid auction. This land parcel provides various developmental possibilities and is in close proximity to shopping and restaurants on busy State Street/Route #21. Call or text Daniel J Hyman at 312.338.3003 or email at dhyman@mpirealestate.com or Brad Thompson at 312.338.3012 or email at bthompson@mpirealestate.com.
A 1.79 acre commercial/industrial land site in Elgin, IL was available for sale via sealed bid auction. This land parcel is situated on a hard corner location on major westbound thoroughfare into Elgin. Call or text Daniel J Hyman at 312.338.3003 or email at dhyman@mpirealestate.com or Brad Thompson at 312.338.3012 or email at bthompson@mpirealestate.com.
November 14, 2022
We held a Live Auction for a 7,500 SF retail strip center in Homewood, IL. This center has in-place income, parking and easy access to the expressway. Contact Susan B. Silver for more details at (312) 338-3001.
Also, a prime development site in Marseilles, IL was sold at auction via sealed bid. This site is improved with two storage buildings and is situated close to new commercial developments in the area. Contact Brad Thompson at (312) 338-3012 or Daniel J. Hyman at (312) 338-3003 for more details.
A 22,100 SF retail strip center in Itasca, IL was available for sale via Live Auction. Situated in a prime corner location, this center is well-maintained and has many long-term tenants. Contact Daniel J. Hyman at (312) 338-3003 or Brad Thompson at (312) 338-3012 for more details.
February 17, 2022
We held a sealed bid Auction for a dental office condominium with high-end finishes in the a fabulous East Loop location! This high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and the I-290 expressway.
We had a prime 9.55 acre development site available for sale at sealed bid auction in Gary, Indiana! This site is located in Northwest Indiana just off the major expressways of I-80/94 and I-65 with excellent access to Downtown Chicago! Perfect opportunity for a developer!
We had a great commercial redevelopment opportunity located on Chicago's Far Southeast Side! This 5-building campus/specialty property totaling 71,646 SF, consists of church, parish center, school, former convent, rectory and 4-car detached garage!
We had a 3.236 acre development lot available for sale at sealed bid auction in Schererville, Indiana! This highly-trafficked location is a perfect opportunity for a developer!
November 4, 2021
We held a sealed bid Auction for a dental office condominium with high-end finishes in the a fabulous East Loop location! This high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and the I-290 expressway.
We had a 3.236 acre development lot available for sale at sealed bid auction in Schererville, Indiana! This highly-trafficked location is a perfect opportunity for a developer!
We had two commercial condos in Berwyn available for sale via sealed bid auction. The property is in a great location, close to busy intersection of Harlem Avenue and Roosevelt Road.
September 24, 2021
We held an Auction for a six improved development lots in Batavia. At the prime intersection of Bond St. and Rte 25, the lots total 9.94 acres (or 432,984 SF).
Auction - April 22, 2021 - SOLD Pre-Auction
We held an Auction for a 21,960 SF development site in a prime location in Tinley Park. This site has 120' of frontage on Oak Park Avenue and offered a great opportunity for a developer with vision!
Auction - May 13, 2021 - SOLD Pre-Auction
We held an Auction for 8,500 SF of retail storefronts on Belmont Avenue in Chicago. This site has 120' of frontage on Oak Park Avenue and is a great opportunity for a developer with vision!
New Year Auction - February 11, 2021
We held an Auction for a 5,061 SF free-standing former restaurant in Joliet. This property can potentially be rebranded or redeveloped through demolition.
Located in desirable Lincoln Park, a 3-story 6,019 SF mixed-use property is available for sale at live auction. This unique property has a former cocktail bar on the ground floors and 3 apartments on the top floor. Rare 4:00am liquor license is also available for purchase.
Located on highly visible Halsted Street in Chicago's Roseland community a 8,333 SF commercial property was available for sealed bid auction. The building is situated on a 29,717 square foot lot with ample parking for visitors. Located in an opportunity zone and busy commercial corridor, this is a great opportunity for an investor or user.
A 19,860 SF development site in a prime location in Lisle, IL was available for sealed bid auction. Great opportunity for user or investor. Potential development opportunities include retail, office, industrial and more!
A four-story 36,000 SF retail building plus full basement located on the corner of 112th Place and Michigan Avenue is available for sealed bid auction. Potential to rehab as self storage. Great opportunity for user or investor.
Value-add opportunity! A 33,000 SF, 2-story former sports complex and community center in Tinley Park was available for sealed bid auction. The property is only $22.58/SF with ample parking near busy Cicero Avenue.
Bankruptcy Trustee Auction and Sealed Bid Auction - October 1, 2020
We held a Sealed Bid Auction for an office building in Chicago. This 52,547 SF six-story office building, Ford City Office Center, is adjacent to Ford City Mall and has several long-term tenants.
Two grocery-anchored outlots were available for sealed bid auction in Aurora. 1.36 and 1.43 acre development sites have 534’ frontage on North Aurora Road and joins Jewel-Osco, Starbucks, Anytime Fitness, Chase, GNC, BMO Harris Bank and many more!
BANKRUPTCY TRUSTEE AUCTION - A retail strip center in Woodlawn/Hyde Park was available for live/virtual bid. This 21,235 SF retail center is near the to-be-built Barack Obama Presidential Library and University of Chicago and more. .
A 9,000 SF mixed-use building with garage/storage space and offices were available for sealed bid auction in Chicago. Recently renovated, the property boasts beautiful interiors with exposed brick walls and timbered ceilings.
A 23 acre development site in New Lenox was available for sealed bid auction. Great opportunity for developer. Potential uses include residential, office/warehouse and/or institutional.
Development Sites and Industrial Sealed Bid Auction - July 16, 2020
We held a Sealed Bid Auction for development sites and an industrial property in Chicagoland:
Two grocery-anchored outlots available for sale in Aurora. 1.36 and 1.43 acre development sites have 534’ frontage on North Aurora Road and joins Jewel-Osco, Starbucks, Anytime Fitness, Chase, GNC, BMO Harris Bank and many more!
An industrial warehouse is available for sale in Chicago. This 160,000 SF property includes additional land and is a great opportunity for a user or investor.
A development site in Gurnee is available for sale. This 11.44 acre site can be entitled for commercial, office, residential development or senior housing.
A development site in Richton Park is available for sale. This 1.06 acre site can be entitled for commercial, office, residential development or senior housing.
Development Site Auction - September 26, 2019
We held a Sealed Bid Auction for development sites in Chicago, Dwight and Grayslake on September 26, 2019. Four development sites in a large retail complex anchored by Walmart and Lowe's are available for sale as a portfolio or individually. Lot A is a 0.82 acre site with frontage on Wentworth and 83rd St. Lot B is a 1.13 acre site adjacent to a retail building leased to Athletico, a dentist and Boost Mobile. Lot E1 is a 0.68 acre site adjacent to Chase, Walmart, BMO Harris Bank and Potbelly with frontage on 83rd. Lot F is a 3.36 acre site than can support a 32,000 square foot retail or office building.
Two sites at I-55 and Route 47 in Dwight are available as a portfolio or individually. A 136.7 acre site that is currently used for farmland is available. The site can potentially be re-zoned for commercial development. A 4.29 acre site with extensive frontage on I-55 is also available.
A 43.5 acre site adjacent to the Metra station is available in Grayslake. A portion of the site can be developed as multi-family with more than 30 acres suitable to develop as a wetland bank.
Auction for Church and Net Leased School - September 5, 2019
We held an auction for a former church with an adjacent school on September 5, 2019. Located at Diversey and Meade, this property includes a 22,500 SF school and a 14,800 SF church. The school is leased to CPS through 2024 and includes a termination option. The former church is built-out with two sanctuaries plus offices, meeting rooms and a large kitchen. The facilities share a large parking lot on Meade. This auction was only open to qualified bidders.
Former School/Day Care Live Auction - June 7, 2019
We sold a former school located on Lake Cook Rd. in Deerfield through an auction held on June 7, 2019. The Deerfield property is a 20,500 SF former school on Lake Cook Rd. On a 4.97 acre site, this property can potentially be rehabbed or redeveloped as office, commercial or multi-family. This auction was only open to qualified bidders.
Sealed Bid Auction - October 25, 2018
We held a sealed bid auction on October 25, 2018. This auction included a wide range of commercial properties including office buildings, retail storefronts, industrial properties and land sites.
We several turn-key office buildings and commercial storefronts were available for sale in this auction.
- A storefront commercial condo in Bucktown
- A 4,462 SF turn-key office on Summit with potential to develop additional commercial space on the site
- A 7,740 SF turn-key office building near Roselle and Algonquin Rd in Inverness
- A two story 4,520 SF former medical office building in Zion's central business district
- A recently updated 6,000 SF former school with potential for use as youth center, women's shelter, group home, assisted living or non-profit residence.
- A Sheridan Rd. storefront with 4,800 SF with potential as a retail showroom or office building.
We included a 2,880 SF flex industrial building in Palatine as part of the auction. The property has recently been updated with new windows, new overhead doors, new carpets and lighting. A 24,000 SF warehouse with rehab or redevelopment potential was also available for sale in Chicago Heights.
Several commercial land sites were included for sale through our sealed bid auction. A 1.27 acre commercial site with 241' of frontage on 159th St. close to a new Family Dollar, Sherwin Williams and Fresenius Medical Care location. Near Ogden and 75th St in Aurora, an 11,200 SF development site was for sale adjacent to a Dunkin' Donuts. We also included a highly visible 10,500 SF development site on Sheridan Rd in Zion.
Sealed Bid Auction - May 17, 2018
Our spring auction has been expanded and extended! All bids for our sealed bid auction were due on May 17, 2018. We have stabilized, net leased investments, residential development sites and value-add properties available.
We are selling a 100% net leased office condo in Chicago's western suburbs. The 5,061 square foot condo is leased to two long-term tenants of the complex. Recently updated, the unit is split into two separate units with a small common area. There is strong in-place income and great potential.
A 1.55 acre residential land site in South Barrington was recently added to the auction. This lot is located within the exclusive Magnolia Poine subdivision, an exclusive community of 23 homes. The site is a great spot with potential to build a 5,000 square foot (or larger) dream home that features a water view.
Calling all developers! We have a 27 acre development site in Winthrop Harbor which can potentially be used as a residential subdivision, a senior living facility or as a farm. The site is adjacent to a city-owned site as well as two residential subdivisions. It is also a short drive away from Sheridan Rd and the Metra station.
A single tenant, 8,000 square foot flex industrial building in Bensenville is included in the auction. The property has a 600 square foot office, a large warehouse area with 12' clear ceilings and one dock and one drive-in door. The building can potentially be divided for two tenants. This property is a great opportunity for a user or an investor.
We have a four unit, 4,335 square foot mixed-use building with potential to add value available in Evergreen Park. At the corner of 93rd and Kedzie, the building features three storefronts and a large 3 bedroom, 2 bath apartment. The property has solid in-place income but has great potential to add value through leasing.
Sealed Bid Auction December 14, 2017
Millennium Properties marketed two properties at our sealed bid auction on December 14, 2017.
The first property was a 6,000 square foot former day care center and school. The property features a large fenced courtyard, 12 rooms, five small offices, four common areas plus a dining room and kitchen. This property has great potential for use as a school, a day care, a women’s shelter, an assisted living facility, or for a non-profit.
We sold an 11,000 square foot retail showroom in Rockford, close to US 20. The single tenant building features a showroom with large windows, an office area and a warehouse with a drive-in door. This property has great potential for a user or investor and can potentially be rehabbed for retail, office, flex industrial or medical office use.
Sealed Bid Auction September 14, 2017
Millennium Properties sold two properties through a sealed bid auction on September 14, 2017. A 23,590 square foot office building in Rockford was sold through the auction. The office is 84% leased to two long-term tenants: the GSA and Rock River Environmental Services. Prior to the auction date, we sold a 9.94 acre commercial development site in Fountain Square in Waukegan. The site is across from the Walmart Supercenter that anchors the mixed-use complex and adjacent to the 32 acres of city-owned land.
Court Ordered Auction May 18, 2017
Millennium Properties sold three properties in the Kinzie Industrial Corridor on May 18th through a live auction; the auction was open only to qualified bidders. The portfolio consisted of a 14,050 square foot development site, a single tenant light industrial building ready for possible redevelopment and a 3,750 square foot parking lot. These properties were available as a portfolio or individually.
Sealed Bid Auction Spring 2017
Millennium Properties sold a second floor, 8,006 square foot office condo at 182 W. Lake St. through a sealed bid auction. The turnkey unit is built out with a reception area, 14 private offices, a conference room and a kitchenette. This unit is in a great location in the Central Loop at the corner of Lake and Wells, close to public transportation, government buildings, restaurants and more.
Sealed Bid Auction April 6, 2017
A 1.1 acre industrial development site in Schaumburg was sold through a sealed bid auction prior to the auction date. This large site can potentially be developed as a warehouse, flex industrial building or used as outdoor storage. The site, which features 229' of frontage, is located in an industrial park a short drive from Wise Rd. and the Elgin-O'Hare Expressway.
Sealed Bid Auction January 26, 2017
Two adjoining parking spaces in Chicago's financial district at 235 W. Van Buren were sold through a sealed bid auction. The deeded spaces are part of a recently developed condo tower, convenient to the Board of Trade, Willis Tower and many other offices.
Sealed Bid Auction December 1, 2016
Millennium Properties auctioned off a portfolio of nine residential properties located in Chicago and the southwest suburbs on December 1st. These properties, which were previously valued at more than $1.3 million, are being offered with a minimum bid of $300,000. Five of the properties are residential development sites, including a 41 lot residential subdivision. Also included in the portfolio is a five unit mixed-use building, a two flat apartment building, a 3 bedroom duplex condo and a single family house. The seller is extremely motivated and this portfolio must sell by the end of 2016.
If you have any questions about the properties or the auction process, please contact Greg Block to learn more.
Sealed Bid Auction November 10, 2016
Millennium Properties sold four commercial condos in the Westgate Commons Center at 808-832 W. Bartlett Rd., Bartlett through a sealed bid auction. The units range from a 1,386 square foot commercial condo that can be combined with the adjacent units to a turn-key 5,132 square foot office.
- Unit 1B: 2,271 SF Commercial Condo
- Unit 1C: 1,386 SF Retail/Office Condo
- Unit 1D: 5,132 SF Turn-Key Office Condo
- Unit 2D: 2,556 SF End Cap Office Condo
All units were sold absolute, with No Hidden Reserve!
If you have any questions about the condos or the auction process, please contact Greg Block to learn more.
Sealed Bid Auction September 21, 2016
We sold a 3 bedroom, 3.1 bath house in the White Oaks subdivision in Yorkville through a sealed bid auction. All offers were due on September 21st at 5:00. This is a bright, sunny house with plenty of outdoor space for entertaining. We welcome broker participation and all commissions are paid by the buyers.
If you have any questions, please contact Greg Block to learn more about the property and the auction bidding process.
Spring Auction May 18, 2016
Our Spring Auction was a sealed bid auction with all offers due on May 18th at 5:00. Each of the available properties is a great opportunity for users or investors with potential for a wide variety of uses. We welcome broker participation and all commissions are paid by the buyers.
This auction included:
- Bolingbrook Retail Center at a 10% Cap Rate
- 1.79 Acre Yorkville Commercial Development Site
- 4,000 SF Retail/Office Storefront on Near Irving Park on Harlem
- Turn-Key Arlington Heights Office Condo
- 18 Residential Development Sites in Markham
- 4,700 SF Flex Industrial Building in Franklin Park
- 1,500 SF Office Building in Harvey
- 8 Unit Apartment Building Near Chicago and Central
Property tours were the last week of April 2016. Contacts were Greg Block or Brad Thompson. If you have any questions, please contact Greg Block to learn more about our properties and auctions, as well as the bidding process.