With the Village's recent move to the Municipal Center at 555 Reinking Road, there are a number of parcels of land near Reinking Road and Route 20 that the Village owns, but no longer requires the use of. Accordingly, as a component of the Village's efforts to spur economic development in the area, the Village Board has directed that several parcels be offered for sale by competitive, sealed bid.
The first set of parcels is 4 properties comprising the former Village Hall site. A map of the parcels is included below:
The parcels are the 4 properties bounded by blue in the above-provided photograph, which include the former Building Division offices at 40W885 Railroad Street, the former Village Hall and the white block building adjacent to it.
The second site is the currently vacant/park area at the intersection of Reinking Road and Route 20, bounded in turquiose, below:
Note that this parcel is likely to be affected by the proposed construction of a roundabout at Reinking Road and Route 20, as conceptually depicted below:
The Village is seeking sealed bids for the purchase of any or all of the properties. There are some restrictions on the sale, regarding proposed future uses. Purchasers are required to disclose and detail their proposed use for the properties (and their timeline for development). It is likely that rezoning will be required to accommodate proposed uses. All sealed bids must be received by the Village by Friday, October 4, 2019 as outlined below.
The legal specifications for the bid process are outlined below, including legal descriptions, PINs, the bidding conditions and minimum pricing, and use restrictions. Anyone interested in purchasing should contact the Village at 847/464-5533. These parcels are going to be prime areas for commercial use as development continues along Route 20.
And now, the fun legal stuff:
Notice of Solicitation of Proposals for Use, Lease or Sale of Certain Real Property Pursuant to 65 ILCS 5/11-76-2.
The Village of Pingree Grove Board of Trustees hereby gives public notice that it is soliciting proposals relating to certain parcels of real property that the Village owns.
Village Hall Site:
PINs 02-34-352-001, 02-33-481-007
LOTS 12 AND 13 IN JOHN H. DORAN’S ADDITION TO PINGREE GROVE, KANE COUNTY, ILLINOIS, EXCEPTING FROM SAID LOT 12 THAT PART CONVEYED TO LOUIS KOTH AND HERMAN BAHE BY DEED DATED JUNE 25, 1904 AND RECORDED NOVEMBER 3, 1904 IN BOOK 447, PAGE 159, AND EXCEPTING ALSO THAT PART CONVEYED TO THE VILLAGE OF PINGREE GROVE BY DEED DATED MAY 27, 1911 AND RECORDED MAY 29, 1911 AS DOCUMENT NO. 116967, IN BOOK 531, PAGE 355, IN THE VILLAGE OF PINGREE GROVE, KANE COUNTY, ILLINOIS.
THAT PART OF LOT 12 OF JOHN H. DORAN’S ADDITION TO PINGREE GROVE, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEASTERLY CORNER OF SAID LOT 12; THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SAID LOT 40 FEET; THENCE WESTERLY AT RIGHT ANGLES WITH THE EASTERLY LINE OF SAID LOT, 78 FEET; THENCE NORTHERLY PARALLEL WITH THE EASTERLY LINE OF LOT 12 AFORESAID 76 FEET; THENCE NORTHEASTERLY 38 FEET TO A POINT ON THE NORTHERLY LINE OF SAID LOT WHICH IS 78 FEET WESTERLY FROM THE NORTHEAST CORNER THEREOF; THENCE SOUTHEASTERLY ALONG THE NORTHERLY LINE OF SAID LOT 78 FEET TO THE POINT OF BEGINNING; IN THE VILLAGE OF PINGREE GROVE, KANE COUNTY, ILLINOIS.
THAT PART OF LOT 12 OF JOHN H. DORAN’S ADDITION TO PINGREE GROVE, AS PLATTED AND RECORDED, BOUNDED AND DESCRIBED AS FOLLOWS, TO WIT: COMMENCING AT A POINT ON THE EAST LINE OF SAID LOT FORTY FEET SOUTHERLY FROM THE NORTHEASTERLY CORNER OF SAID LOT, THENCE WESTERLY AT RIGHT ANGLES WITH SAID EASTERLY LINE OF SAID LOT 78 FEET, THENCE SOUTHERLY PARALLEL WITH SAID EASTERLY LINE OF SAID LOT 12 TO THE SOUTHERLY LINE THEREOF, THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID LOT TO THE EASTERLY LINE THEREOF AND TO THE PUBLIC ROAD OR STREET, THENCE NORTHERLY ALONG THE EASTERLY LINE OF SAID LOT TO THE PLACE OF BEGINNING, SITUATED IN THE VILLAGE OF PINGREE GROVE.
The foregoing assemblage of property is located north of Public Street, west of Reinking Road and south of Railroad Street, and includes an existing two-story block building, two existing mobile office trailers, an existing two-story single-family residence and related outbuildings.
THAT PART OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 41 NORTH, RANGE 7, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE POINT OF INTERSECTION OF THE NORTH LINE OF SAID SECTION 2, WITH THE EXTENSION NORTHERLY OF THE EASTERLY LINE OF LOT 1 IN BLOCK 1 OF DANIEL PINGREE'S ADDITION TO PINGREE GROVE; THENCE SOUTHERLY ALONG SAID EXTENDED EASTERLY LINE AND THE EASTERLY LINE OF SAID LOT 1, 1.99 CHAINS FOR THE POINT OF BEGINNING; THENCE NORTH 59 DEGREES EAST, 2.50 CHAINS TO THE WESTERLY LINE OF STATE STREET (ALSO KNOWN AS REINKING ROAD); THENCE SOUTHERLY ALONG SAID WESTERLY LINE TO THE CENTER LINE OF OAK STREET; THENCE WESTERLY ALONG SAID CENTER LINE TO THE EASTERLY LINE EXTENDED SOUTHERLY OF SAID LOT 1; THENCE NORTHERLY ALONG THE EXTENSION OF SAID EASTERLY LINE TO THE POINT OF BEGINNING, IN THE VILLAGE OF PINGREE GROVE, KANE COUNTY, ILLINOIS.
The Village seeks proposals for the use or reuse of these sites, and will entertain proposals for the license, lease or sale of the site or for any portion thereof. Proposals should describe the portion sought to be used or acquired, the interest sought by the respondent (purchase, lease, other), the proposed use of the property (in great detail), and the proposed disposition of all structures on the property.
The minimum price for the Village Hall Site is $125,000, or not less than $2.50 per square foot if a lesser assembly of property. The minimum price for the Reinking Site is $50,000, or not less than $2.50 per square foot if a lesser assembly of property. The buyer shall be responsible for paying all usual and customary purchaser title and closing costs. The buyer shall further be responsible for costs of survey, if a survey is desired. The Village will convey title by general warranty deed, subject to any applicable exceptions if buyer chooses not to have a survey completed.
The buyer shall specify any proposed use for the properties. Bids may be submitted with a contingency requiring that the bid be approved and a rezoning of the properties be granted before closing may occur, provided that the zoning contingency adheres to the following restrictions:
Other than the existing residential structure on the Village Hall Site, no first-floor residential shall be permitted.
Second floor and above residential shall be permitted as a special use.
A commercial or mixed-use zoning designation with appropriate use restrictions shall be appropriate to request. No use which is defined as an Adult Business under Village Code Section 4-2-1 shall be a permitted use. Bidders may define their proposal for what shall and shall not be permitted.
The Village seeks to have the existing portable trailers removed from the Village Hall Site. Bidders should specify a timeline for removal of the trailers, whether as a fixed timeline or contingent on some other events.
The Village seeks to see aesthetic improvements, remodeling and/or demolition of other structures present. Bidders should specify a timeline for such activities, whether as a fixed timeline or contingent on some other events.
If a conditional/contingent bid is submitted, the Village reserves the right to require a 10% deposit in certified funds or cash equivalent, within thirty days of approving the bid.
Respondents are responsible for all costs incurred in the preparation of responses and related due diligence. Inquiries may be submitted to the Village Manager, Dean Frieders, at firstname.lastname@example.org. Proposals may include one assemblage, both assemblages, or a portion of one or both assemblages. All proposals are due to the Village by no later than Friday, October 4, 2019 at 2:00pm. Proposals shall be submitted in hard copy, sealed envelope, marked Real Estate Proposal, to the Village of Pingree Grove, 555 Reinking Road, Pingree Grove, IL 60140. Proposals shall be submitted via USPS, commercial carrier or hand delivery; three copies of each proposal shall be included within the sealed envelope. Proposals shall be opened at the Village of Pingree Grove Board of Trustees meeting on October 7, 2019 at or after 7:00pm.