TURNAROUND MANAGEMENT, RECEIVERSHIP & DISPOSITION

In recent months, the challenging economic climate has spurred the start of many companies seeking to provide distressed property services. For nearly two decades, Millennium has successfully managed and disposed of troubled assets throughout the Midwest on behalf of numerous lenders and financial institutions.

Our accounting, management and brokerage professionals have streamlined the turnaround process and subsequently reduced or eliminated creditors’ losses. Millennium provides a seamless transition in ownership, delicate tenant relations, fierce financial planning and comprehensive property reporting - all at a very competitive rate.

To discuss our services, contact Daniel J. Hyman at (312) 338-3003.  
 


 

IN THE NEWS


    FEATURED PROPERTY

    1971 W. Galena Blvd.

          Property Type: Retail / Shopping Center

    City/State: Aurora, Illinois

    Square Feet: 89,000sf

    Price: $5,850,000

    Broker(s): Daniel Hyman

    More Info: click here for brochure ...

    Description:
    West Suburban Strip Center Available.  Net Leased to Big Lots & Hobby Lobby.

    7338-42 S. Halsted Street

          Property Type: Mixed-Use

    City/State: Chicago, Illinois

    Square Feet: 7,120

    Price: HUGE PRICE REDUCTION! $89,900

    Broker(s): Brad Thompson

    More Info: click here for brochure ...

    Description:
    Bank owned Mixed-Use Building on the South Side.  Renovations have been started on all units, but have not been completed.  Property has 4,200sf of Retail space and 3 2-bedroom apartments.  There is also a large garage in the rear which holds 4-6 cars. All units are individually metered. Property is sold in "As-Is" condition

    2814 N. California

          Property Type: Light Industrial

    City/State: Chicago, Illinois

    Square Feet: 2,450sf

    Price: $525,000

    Broker(s): Daniel J. Hyman

    More Info: click here for brochure ...

    Description:
    Light industrial building available at the foot of the Kennedy off-ramp

    Sales price does not include the cell towers, but acquisition is possible.

    2646 N. Jones Street

          Property Type: Development Site

    City/State: Chicago, Illinois

    Square Feet: 9,033sf

    Price: $1,000,000

    Broker(s): Daniel J. Hyman

    More Info: click here for brochure ...

    Description:
    Prime development site on busy corner in Logan Square.

    Potenial uses include: day care center, venterinary clinic, restaurant, tavern, payday loan store, retail sales, and much more...