Event #256-10
Bidding Format: Sealed Bid
3125 N. Wilke Road
Arlington Heights, IL 60004
Cook County View Map
Commercial Property
APN/Tax ID: 03-07-100-019-1015
APN/Tax ID: 03-07-100-019-1015
APN/Tax ID: 03-07-100-019-1015


The online auction is for eighteen (18) individual office condominiums located in Buildings 3115, 3125 and 3135 of the Enterprise Office Center in Arlington Heights, Illinois.

The Subject Suite D (Building 3125), is currently leased and consists of ±655 square feet of rentable/usable area.

  • Long term tenant, 10+ years at location
  • Leased through 2019
  • Current base monthly rental at $900, rental increase to $927.92 for 2018-2019 rent schedule
  • Rental schedule shall include all RE taxes and operating costs and there will be no additional pass-throughs to Tenant for these expenses.
  • The single story office campus was built in 1984 and is located off N. Wilke Road, just north of Rand Road and south of the Dundee Road interchange of Route 53. The campus boasts excellent visibility from the highway and is situated close to nearby shopping, restaurants and services along Route 53.

    Select highlights/features of the campus are as follows:

    • Professional park-like setting
    • Excellent parking access
    • 4:1,000 parking ratio
    • Convenient access to Route 53

    Downloadable Documents

    Auction Information Property Information Title and Escrow Vault

    Viewing Schedule

    If you would like to visit this property, please complete and submit the

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    Once you have submitted the agreement, please contact the Property Representative to set up an appointment.


    Union National Bank


  • Down Payment: 20%
  • Interest Rate: 4.25% - 4.75% depending on buyer’s financial capability
  • Term - 80% loan - amortized over 25 years with rate adjusted to market at the end of the 5th year

  • Down Payment: 30%
  • Interest Rate: 4.25% - 4.75% depending on buyer’s financial capability
  • Term-70% loan- amortized over 25 years with rate adjusted to market at the end of the 5th year

  • Borrower must occupy at least 50% of building
  • Down Payment: 10%
  • Interest Rate: 4.25% - 4.75% depending on buyer’s financial capability
  • Term: 50% Loan in First Position, 40% Loan in Second Position; 10% down payment
  • (UNB will finance 50% of purchase price based on a 25-30 year amortization with a 10-year term and a rate adjustment at the end of the 5th year. The SBA will finance 40% of the purchase price with a 20-year fixed, fully amortized loan.)
  • Broker of Record for this property: R. C. Wessel & Associates, Ltd., IL license #478.011565

    All information contained on FRE.com and dispensed by the Support Staff, Property Representative and other agents of the Seller is from sources deemed reliable and is not warranted or guaranteed by the Seller, its partners or related companies, LFC Communications, Inc., LFC Marketing Services, Inc., or any of their agents. Buyers shall rely entirely on their own judgment and inspection.

    Auction ended.
    Bidding Questions or Assistance?
    Auction Manager
    Patrick Kelleher
    LFC Marketing Services
    Phone: (949) 706-6117 Email: pkelleher@lfc.com

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