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Chicago & Midwest   /   March 29, 2021

Paul Bubny
By: Paul Bubny

A&G Markets Chicago-Area Industrial Parcel in Bankruptcy Sale

A&G Real Estate Partners is now accepting bids for a 19.34-acre industrial parcel located approximately five miles from the Indiana/Illinois border and 25 miles from downtown Chicago. The bid deadline in the bankruptcy sale of the Hammond, IN, property is April 16. 
 
Located nearby the Indiana Toll Road and I-80/94, the property includes 115,000 square feet of buildings ranging up to 31,765 square feet in size. The buildings are in various states of condition and some will require demolition as part of a redevelopment plan. They were primarily used for manufacturing and warehousing, with the warehouse structures offering multiple shipping and loading docks.   
 
“Given Indiana’s pro-business environment, lower taxes and excellent incentives, as well as the proximity of this site  to intermodal transportation, this property presents an appealing real estate acquisition for industrial users or developers across the region,” said Jamie Coté, A&G senior managing director, real estate sales. 

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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