July 9, 2020 Comments Off on Hilco Sets Auction Date for Hoffman Estates Offices Views: 372 Chicago News, Greater Chicagoland

Hilco Sets Auction Date for Hoffman Estates Offices

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Hilco Real Estate, LLC, in partnership with L&B All Star Auctions, has set July 23 as the sealed-bid offer deadline for Poplar Creek Office Plaza in Hoffman Estates, IL. The minimum bid price has been set at $4,635,000.

Three additional surrounding land parcels are also available for sale, ranging in size from 2.02 acres to 7.41 acres.

The office building was constructed in 1987 and is situated on a 7.41-acre parcel off of Higgins Road in Hoffman Estates. The property offers approximately 132,000 square feet set over five floors, with more than 60,000 square feet of contiguous space available.

Jeff Azuse, SVP at Hilco Real Estate, said, “This sale represents an outstanding value-add opportunity in an established office market near several well-developed northwest suburban communities. It presents a great option for owner-users looking to expand or relocate for large blocks of square footage use.”

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