Elgin, IL Court Ordered Real Estate by Sealed Bids

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Description

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Elgin, IL Court Ordered Real Estate by Sealed Bids

Bids due on Thursday, January 29th by 1:00pm CT

Bids due to Rick Levin & Associates, Inc.

1434 N Astor St – Chicago, IL 60610

 

Substantially completed cannabis/craft grow facility.

740 Schneider Drive, South Elgin, IL.

40,000 sq. ft. industrial/manufacturing one-story building with 19'6" ceilings, three loading docks, all on a 2.42-acre site, zoned M-2, South Elgin-zoned for a craft grow facility by the Village of South Elgin. Ideal location for distribution to local dispensaries or other possible uses.

Previously Valued Well Over: $10,000,000

Suggested Opening Bid: $5,500,000

On-site inspections from noon to 2 p.m. on December 17, 2025, January 13, January 21, and January 27, 2026 and by appointment.

Click here for Terms of Sale:

 

Auctioneer

Rick Levin & Associates, Inc.

1434 N Astor St
Chicago, IL 60610

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Phone Number
312-440-2000
Website
ricklevin.com
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