Tower and Lease Listings

105 West Madison Street, Chicago, IL, USA

Contacts: Bud Blinick 847-977-2314

Cell At Auction LLC is pleased to offer the opportunity to acquire a 50-year easement of a Verizon site license agreement on the rooftop of this 24 story mixed use (office and retail) building in the heart of Downtown Chicago, IL   The original license agreement was executed in April 1993 by Chicago SMSA Limited Partnership LP and a prior  building owner. The third and most recent amendment to license agreement was executed on July 9, 2010. At that time, the rent was changed to $25,674.72 annually due to the installation of new and additional equipment. Per the second amendment dated Jan. 21, 2010 the revised lease term shall be a five (5) year term, thereafter the license shall automatically extend for four (4) additional 5- year renewal terms. The annual rent shall be increased by 15% on each renewal term. Under the current terms the lease will expire in 2035 if all renewals are exercised. Special consideration will be given to offers that provide for a revenue share for additional wireless carriers with at 70-30 sharing model. The property is located at the major intersection at the Southwest corner of Madison Street and Clark Street. There is no ROFR. Offers must be submitted in the form of an executable Letter of Intent

These are some particulars:

Sealed Bid Deadline:  February 5, 2026

Current Annual Rent:  $39,047.98

Location:  105 W. Madison, Chicago, IL

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

5871 U.S. 278, Haleyville, Alabama, USA

Contacts: Bud Blinick 847-977-2314

Cell At Auction LLC presents a unique opportunity to acquire an SBA owned tower ground lease site easement in Haleyville, Alabama. The original site lease was signed in October 2004 for an initial term of five years with five additional four (4) year renewal terms. The initial rent was $6,000 per year with a 10% increase each renewal term. The final extension will expire on June 5, 2030. There is no Right of First Refusal. There are currently three carriers on the tower, AT&T, Verizon, and T-Mobile .
These are some particulars:
The Property address is: 5871 Highway 278, Haleyville, AL
Sealed Bid Deadline: February 4, 2026
Current Annual Rent: $8,784.60 Per annum
Burton Blinick, Licensed Real Estate Managing Broker and Auctioneer

1748 North Aurora Road, Naperville, Illinois, USA

Contacts: Bud Blinick 847-977-2341

CLOSED:  Cell At Auction LLC presents the opportunity to acquire a Crown Castle owned tower ground lease site easement in Naperville, Illinois. The original lease was dated on September 21, 2000 with Sprint for an initial term of five years commencing March 15, 2000 with eleven additional five year renewal terms. Commencing 9/1/09 the monthly rent each anniversary date increased based on the CPI not to be less than 1% or to exceed 2.5%. Effective 9/1/08, the new base rent was $1,749, a 6% increase from the current rent. Effective 9/21/25 a onetime 7% increase will take place. The current rent is $2,326.67 There is a Right of First Refusal.   Offers must be submitted in the format of an executable Letter of Intent.  
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The Property address is: 1748 N. Aurora, Naperville, IL
Sealed Bid Deadline: September 5 , 2025
Current Annual Rent: $27,920 Per annum
Burton Blinick, Licensed Real Estate Managing Broker and Auctioneer

5110 Tollview Drive, Rolling Meadows, IL, USA

Contacts: Bud Blinick 847-977-2314

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire a seller owned tower currently leased to Crown Castle Tower  In Rolling Meadows, Illinois.   

Original lease was signed with Pinnacle Towers  in May, 2000 with an initial term of three years with two successive three year terms.   Rolling Meadows is a city in Cook County, Illinois, United States. It is a suburb of Chicago. Per the 2020 census, the population was 24,200. The rent currently is set at 65% of the Gross Monthly license fees.  The Gross annual rent is $177,744.24.   The second and last amendment was signed in May, 2012 between D.S. Holdings (the previous owner) and Pinnacle Towers.  Crown Castle International Corp. (CCI) acquired Global Signal, formerly known as Pinnacle Holdings, in January 2007.  This commenced on June 1, 2012 and extended the lease for 17 years due to expire May 30, 2030.   There is no Right of First Refusal.

The tower is separately metered for electric and currently paid for by the tenant Crown Castle.   There is no provision for real estate tax prorations and there is one Tax ID and are paid by the property owner.  

These are some particulars:

The Property address is: 5110 Tollview Road, Rolling Meadows, IL

Sealed Bid Deadline:  September 4, 2025

Current Annual Rent:   $115,533.76   (65% of Gross)

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

16838 International Blvd, Seattle, WA, USA

Contacts: Bud Blinick 847-977-2314

UNDER CONTRACT:  Cell At Auction LLC is pleased to offer the opportunity to acquire a T-Mobile Site Lease Easement in Seattle, WA.

Located adjacent to the Seattle – Tacoma International Airport.   Original lease entered into July1, 2002 between Accor Economy Lodging Inc. and Voicestream (now T-Mobile).   Originally 10 year initial term commencing September 1, 2002 expiring August 31, 2012 with one five year renewal term with a base rent of $750 per month with 4% annual escalations.  The First amendment with T-Mobile was signed in 2017 which added four successive five (5) year renewal terms.  The current rent is $1,777.44 or $21,329.29 per year.   There is no Right of First Refusal and no Right of consent in the original lease or amendment.

These are some particulars:

The Property address is: 16838 International Blvd., Seattle, WA.

Sealed Bid Deadline:  August  22,    2025

Current Annual Rent:    As of July, 2025     $21,329.29

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer and Numerous additional states.

10141 County Road 64, Daphne, Alabama, USA

Contacts: Bud Blinick 847-977-2314

CLOSED:  Cell At Auction LLC presents a unique opportunity to acquire an SBA owned tower ground lease site easement in Daphne, Alabama. The original site lease commenced in September 2001 for an initial term of five years with five additional five (5) year renewal terms. The initial rent was $6,000 per year with a 10% increase each renewal term. The final extension will expire in September 2031. There is no Right of First Refusal. There are currently four carriers on the tower, AT&T, Verizon, T-Mobile and DISH. In June 2023 the landlord assigned this lease to VCP Capital Ventures 1, LLC (the seller).
These are some particulars:
The Property address is: 10141 Country Road 64 Daphne, Alabama.
Sealed Bid Deadline: August 5, 2025
Current Annual Rent: $8,784.60 Per annum
Burton Blinick, Licensed Real Estate Managing Broker and Auctioneer