SOLD: Balmoral Race Track

IN CONTRACT

Situation Overview

Keen-Summit Capital Partners LLC has been engaged by Balmoral Racing Club, as its exclusive real estate advisor for this offering. The sale of this Historic Race Track is subject to approval by the Bankruptcy Court.

Area Overview

The subject property is located at 26435 S Dixie Highway in Crete, Illinois.  The race track is 30 minutes from Downtown Chicago.  The facility is on South Dixie Highway which provides access to Calumet Expressway.

 

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Property Highlights

26435 S Dixie Hwy, Crete, IL

Size
198.52 acres of land and a building that has a capacity for 71,000 people

Features
Balmoral Club Dining Room
Lincoln Room Bar & Grill
Concession Stands
22 Stables and crew housing on-site

Racing Types: Harness, Thoroughbred
Standing Start Positions: 10
Length: 1 miles
Stretch Width: 80 feet
Length of Home Stretch: 1,360’
Running Direction: Counter clockwise
Speed Rating: 1:581
Clubhouse Seating Capacity: 2,000
Grandstand Seating Capacity: 8,281

 

Contact

Christopher Mahoney
(646) 381-9205

Doug Greenspan
(646) 381-9218