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MidwestCRE

Hilco Real Estate sets bid deadline for North Suburban Chicago Class A office building

Staff Writer April 4, 2017
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Hilco Real Estate, LLC announced the bid deadline of November 12, 2014 for the sale of a Class-A office building located just off Route 22 and Waukegan Road in desirable Bannockburn, Illinois.

Formerly headquarters for IPC International, a private security company, the two-story 36,400 square foot building is situated on an expansive 9.6-acre parcel in the Bannockburn Lake Office Plaza Complex that borders the Lake County Forest Preserve.

Adhering to the highest construction standards, the property has custom finishes throughout and the high-end furniture, fixtures and equipment are also included in the offering. The property enjoys ideal proximity to Routes 22 and 41, I-94, I-294, the Chicago Executive Airport, O’Hare International Airport and downtown Chicago. The Bannockburn Lake Office Plaza Complex is a heavily-landscaped, park setting with miles of private walking trails and water features. The property features an impressive pair of C-level office suites, wooded views throughout, recently painted offices, a state-of-the-art boardroom, and a training room/auditorium. Additional property attributes include an exercise facility with locker rooms, cafeteria/break room, back-up generator, server room with supplemental A/C and one loading dock. The features/amenities of this building, together with its location, make it ideal for a wide range of users, including financial service firms, law firms, and/or medical office.

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