Tower and Lease Listings

Walgreen Co.

Lot: 040925

Type of Asset: Perpetual Easement of Telecom License Agreements

Carriers: Verizon, T-Mobile, AT&T, Dish, Boingo, Towerco, Crown Castle, Vertical Bridge

Date of Auction: April 9, 2025

Auction Time: 2:00 pm CST

106 Wilmot Road, Deerfield, IL 60015, USA

Contacts: Bud Blinick 847 977-2314

UNDER CONTRACT: Cell At Auction LLC announces that it has been retained by Walgreen Co. to offer for sale 54 Telecommunication Site License Agreements throughout the United Sates.  Walgreen Co. has determined that these assets, while generating a significant amount of recurring revenue are non-core assets and would be best owned and managed by a national company better positioned to enhance the valuation of these sites.  Many of these license agreements have or will soon be expired and require experienced and on-going management.   Several rents may be perceived to be at under market rents which present a new buyer the opportunity to negotiate new long-term higher rents.   The portfolio is currently generating in excess of $317,000 in annual revenue.

Licensed site tenants include Verizon, T-Mobile, AT&T, Dish, Boingo, Towerco, Crown Castle, and Vertical Bridge.   Information including access of all the license agreements can be found at Cellatauction.com after executing an NDA.   Bids are due in the format of an executable Letter of Intent by April 9, 2025.  

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7456 South Shore Drive Chicago, IL

Lot: 022125

Type of Asset: 99 year easement of an T-Mobile site lease

Carriers: T-Mobile

Date of Auction: March 21, 2025

Auction Time: 2:00 pm CST

7456 South South Shore Drive, Chicago, IL, USA

Contacts: Bud Blinick 847-977-2314

CLOSED :  Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year T-Mobile Site Lease easement in Chicago, IL.  

The original site lease was entered into between Pinnacle Multi-Acquisitions LLC and T-Mobile in 2017. The initial term was for five (5) years with five (5) successive five year renewal terms.  The Rent for each successive Renewal Term shall be an amount equal to One Hundred and Ten percent (110%) of the Rent for the immediately preceding Term.  After the final renewal term, the lease shall automatically extend for nine (9) successive one year periods and the rent for each extended period shall be 101% of the previous term. The landlord may terminate the renewal term of any extended period with a six (6) month notice. There is no right of first refusal. The current monthly rent is $1,897.50.  

These are some particulars:

The Property address is: 7456 South Shore Drive, Chicago IL. 

Sealed Bid Deadline:  March 21, 2025

Current Annual Rent:     $22,770

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

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5737 N. Kenmore, Chicago, IL

Lot: 5737

Type of Asset: Apartment Building rooftop

5737 North Kenmore Avenue, Chicago, IL, USA

Attention Site Acquisition companies and Wireless Carriers.    Cell At Auction LLC D/B/A Wireless Bridge Partners LLC is pleased to market the rooftop at 5737 N. Kenmore Apartments in historic edgewater, Chicago, IL.   Located just steps from Thorndale Beach and minutes from Lake Shore Drive.   This 7-story elevator building is located in desirable Edgewater which is a quiet long historied neighborhood located on the north side of Chicago.   For more information on this opportunity to enhance youre carrier coverage please contact Bud Blinick at 847-977-2314 or visit cellatauction.com.

Kenmore photo

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808 High Street, Westwood, MA

Lot: 100324

Type of Asset: 99 year easement of a Crown Castle Site Lease

Carriers: T-Mobile,DISH, AT&T

Date of Auction: October 3, 2024

Auction Time: 2:00 pm CST

808 High Street, Westwood, MA, USA

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year Crown Castle Site Lease easement In Westwood, MA.   The initial site lease was entered into between First Baptist Church of Westwood and Omnipoint Communications for an initial five years with four (5) year renewal options dated November 5, 2000.  The base rent was $1,800 per month.   There is a 20% rent increase per term renewal option.   There was in addition a provision for an increase of the rent for a third party tenant on the tower.   A second amendment was entered into between First Baptist Church of Westwood and T-Mobile USA Tower USA on November 12, 2013 adding an additional 8 five year extensions which would last until November 30, 2056.   In paragraph 5 language was added to include a 40% revenue share for the first subtenant, 45% for a second subtenant and 50% thereafter.  In addition, a Right of First Refusal was added to this first amendment.   Offers may be presented on the basis of a one – time lump sum payout or multi-year (5-10-20 years) payout.    The town of Westwood is located 13 miles southwest of Boston. This beautiful town was ranked 13th on CNN/Money and Money magazine’s 100 Best Places to Live in the United States.  Westwood is a town in Norfolk County, Massachusetts, United States.  

These are some particulars: 808 High Street, Westwood, MA

Sealed Bid Deadline:  October  3, 2024

Current Annual Rent:  $68,194.68  (Base rent scheduled for 20% increase December 1, 2026).

Burton Blinick, Licensed Massachusetts Auctioneer

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Lemont, Illinois

Chicagoland Water Towers

Lot: 082124

Type of Asset: Water Towers available for Antenna Siting

12421 Archer Avenue, Lemont, Illinois, USA

Contacts: Bud Blinick 847-977-2314

Chicagoland Water Towers are available for antenna siting.  Municipalities of Wilmette, Stickney, Campden Hills, Northlake, Lemont, Robbins and Burr Ridge, Illinois. Visit cellatauction.com or call/text Bud Blinick 847-977-2314.

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Lake Geneva, Wisconsin

Lot: 082224

Type of Asset: Rooftops Available for Cell Towers and Antenna

326 Center Street, Lake Geneva, WI, USA

Attention site acquisition, wireless carrier and tower companies.   Looking for sites in Lake Geneva, Wisconsin, 53147 we have you covered. Visit cellatauction.com or call/text Bud Blinick 847-977-2314,  email Budb@cellatauction.com.

Lake Geneva is a resort city on Geneva Lake in southeastern Wisconsin. The lakeside Shore Path is dotted with Gilded Age mansions, many built by wealthy Chicagoans. Nearby, the 19th-century Black Point Estate and Gardens was the summer home of Chicago beer magnate Conrad Seipp. The Queen Anne–style house has Victorian furnishings. Local beaches include Big Foot Beach State Park, which has trails and picnic areas. 

Lake Geneva is a city in the U.S. state of Wisconsin. Located in Walworth County and situated on Geneva Lake, it was home to 8,277 people as of the 2020 census, up from 7,651 at the 2010 census. It is located 40 miles (64 km) southwest of Milwaukee and 65 miles (105 km) northwest of Chicago.

Given its relative proximity to the Chicago and Milwaukee metropolitan areas, Lake Geneva has become a popular resort town that thrives on tourism. Since the late 19th century, it has been home to numerous lakefront mansions owned by wealthy Chicagoans as second homes, leading it to be nicknamed the “Newport of the West.”[6]

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