Surplus Real Estate Listings:
Illinois
Last Updated: April 1 2025
Contact Representative
Boyice Williams
Marathon Petroleum Company LP
459 3rd Street, St Paul Park, MN 55071
| Downloads | CoStar | City | Address | Corner | Acreage | Sales Price | Improvements/Comments | hidden |
|---|---|---|---|---|---|---|---|---|
| View CoStar | Chicago Heights | SWC | 139 x 137 Irr. | $25,000 | Irr. shaped vacant lot. NFA received. |
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| View CoStar | Lansing | SWC | 185 x 200 | $375,000 | Vacant; retail potential; has not been used for petroleum retail |
Petroleum Deed Restriction
Most properties are offered for sale subject to a deed restriction prohibiting the sale of petroleum and tobacco products or operation of a convenience store for 25 years. A typical deed restriction states that, "Grantee agrees that for a period of twenty-five (25) years from and after the date of this conveyance, the premises shall not be used for a convenience store or for the sale, marketing, storage or advertising of petroleum fuels, motor oils or tobacco products, and that this restriction shall be a covenant running with the land and shall be contained in and made a part of every deed, mortgage, lease or other instrument affecting the title to said premises."