100% Occupied Chicagoland Multi-Tenant Auto Service Center in Prime Location Off… – Press Release

Bid Deadline on Arlington Heights, IL Property March 24, Auction is March 29

The times may be uncertain, but they are not preventing savvy investors who want to take advantage of the many opportunities that currently abound. Case in point: a bankruptcy auction is coming up on March 29 for a property in Arlington, Illinois – just a 10-minute drive from the proposed new Chicago Bears stadium – for a 20,000 sq ft, multi-tenant auto service center that boasts a 25,700 average daily traffic count. The center, located at 1907 – 1929 S. Arlington Heights Road in Arlington Heights, IL on a 1.5-acre lot, is a fully-leased property, containing 7 tenants and parking for 70+ vehicles.

Keen-Summit Capital Partners LLC has been retained in a case pending in the U.S. Bankruptcy Court District of Illinois, Case No 20-18444, as the property’s exclusive real estate broker for the sale.

Says David Levy, Managing Director of Keen-Summit Capital Partners: “This is a great opportunity for a smart investor to bid their best price on 100% occupied property, with in-place income, and a parking lot full of cars showing demand for the services provided by the 7 auto service tenants.” Levy points out, “With the new Chicago Bears stadium anticipated to be just a few miles away, road traffic is expected to increase in the area in the future, making it even more likely that the property will continue to remain occupied and profitable.” The service center was built in 1985.

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About Keen-Summit Capital Partners LLC

Keen-Summit Capital Partners LLC is a real estate brokerage, workout 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,…

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