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PROPOSED SALE OR PURCHASE OF REAL ESTATE
Department(s): Legal Department
Other Part(ies): Owners of Record
Request: It is respectfully requested that this proposed purchase be approved.
Description of Real Estate: 700 West Dundee Road, Unincorporated Palatine Township, Cook County, Illinois
Section: N/A
Parcel(s): PIN: 02-10-100-019-0000 &02-10-100-049-0000
THAT PART OF THE NORTHWEST 1/4 OF SECTION 10, TOWNSHIP 42 NORTH, RANGE 10 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE NORTH LINE OF SAID NORTHWEST 1/4 WITH THE WESTERLY LINE OF THE RIGHT OF WAY OF PALATINE, LAKE ZURICH AND WAUCONDA RAILROAD, NOW ABANDONED, THENCE WEST ALONG THE NORTH LINE OF SAID NORTHWEST 1/4, 553.36 FEET, THENCE SOUTHEASTERLY ALONG A STRAIGHT LINE WHICH MAKES AN ANGLE WITH THE NORTH LINE OF SAID NORTHWEST 1/4 OF 82 DEGREES 14 MINUTES 45 SECONDS AS MEASURED FROM EAST TO SOUTHEAST A DISTANCE OF 565.52 FEET TO THE CENTER LINE OF DUNDEE ROAD, THENCE NORTHEASTERLY ALONG THE CENTER LINE OF DUNDEE ROAD, 557.58 FEET TO THE WESTERLY LINE OF SAID RAILROAD RIGHT OF WAY, THENCE NORTHERLY ALONG THE WESTERLY LINE OF SAID RAILROAD RIGHT OF WAY TO THE POINT OF BEGINNING (EXCEPT THE WESTERLY 190.00 FEET OF THE SOUTHERLY 267.16 FEET AS MEASURED ALONG THE SOUTHERLY AND WESTERLY LINES RESPECTIVELY ALSO EXCEPT THAT PART THEREOF DESCRIBED AS FOLLOWS:
COMMENCING AT THE INTERSECTION OF THE NORTH LINE OF SAID NORTHWEST 1/4 WITH THE WESTERLY LINE OF RIGHT OF WAY OF PALATINE, LAKE ZURICH AND WAUCONDA RAILROAD THENCE WEST ALONG THE NORTH LINE OF SAID SECTION 10 A DISTANCE OF 253.565 FEET, THENCE SOUTHERLY PARALLEL WITH THE WESTERLY LINE OF SAID RAILROAD RIGHT OF WAY A DISTANCE OF 466.07 FEET TO THE CENTER LINE OF DUNDEE ROAD; THENCE EASTERLY ALONG THE SAID CENTER LINE OF DUNDEE ROAD A DISTANCE OF 255.875 FEET TO THE WESTERLY LINE OF SAID RAILROAD RIGHT OF WAY; THENCE NORTHERLY ALONG THE WESTERLY LINE OF SAID RAILROAD RIGHT O...
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