July 20, 2009 - Another Chicago real estate auction is on tap for early August, with Rick Levin once again handling the sales. It’s another mixed bag of properties, with even some small condo building up for grabs. Suggested opening bids are as varied as the townhomes and Chicago condos going up on the block. In some cases the suggested bids will start as low as $45,000, according to Levin’s brochure, and many of the homes will be sold absolute regardless of price.

Most of the condos and townhomes are new construction and financing will be available for some of the units. Open houses are being held on July 19th, 26th and August 2nd from 11AM to 1PM and also on August 6th from 5PM to 7PM. The actual auction will take place on August 9th at the Oak Brook Marriott at 11AM.

In Chicago, there are three small condominium buildings being auctioned with 3 to 4 units in each. There are three condos in a building on West Gunnison up for sale and there are several townhomes on West 64th -65th Place to be auctioned with suggested opening bids of only $95,000. Add in a group of townhomes in Beecher and Glen Ellyn and you have a pretty diverse selection.

We’ll post more information about these and other auctions on the Chicago condo auctions page so check back there frequently to stay updated.

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This entry was posted on Monday, July 20th, 2009 at 3:54 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.