Ever Been to a Home Auction? Here’s Your Chance

May 15, 2010

Want Chicago real estate? Why not buy it through an auction?

A Hudson & Marshall residential auction of approximately 60 Chicago-area, bank-owned homes will take place on Thursday, May 20 at 1 p.m. in the Hilton Chicago in Northbrook.

There's still time to bid on this three-bedroom, two-bath condo on Cornell Avenue in Chicago.

All properties, located in the city and surrounding suburbs, are being sold “as-is,” so it’s important to view your prospective property. Either make an appointment with the agent, or visit the home during the Open House this Saturday and Sunday from 1 to 3 p.m.

Some of the properties have a Bid Now option, which means you can bid on a property before the auction. These properties offer no inspection period.

You do not have to secure financing before attending an auction, though it’s not a bad idea, because then you’ll know just how much you can bid. You can register on the day of the auction; bring an ID.

If you are the winning bidder: Congratulations! You must make a cash or certified check deposit of $2,500. The seller pays for the title insurance. Most homes close within 30 days.

What: Chicago Home Auction

Where: Hilton Chicago in Northbrook, 2855 N. Milwaukee Ave, Northbrook

When: Thursday, May 20; 1 p.m.

Open House: Saturday and Sunday, May 15 and 16; 1 to 3 p.m.

Contact: or call (866) 509-4473 for a free brochure

About The Author


Read All Stories By Tracey

Leave a Comment

Copyright © 2008-2017 mRELEVANCE, LLC | Chicago Real Estate News | Chicagoland Real Estate Forum. All rights reserved. Thank you for visiting Chicago Real Estate News Chicagoland Real Estate Forum, Real Estate Listings and Information Provided by MLC Realty, Inc.
Internet Marketing by Marketing RELEVANCE

Equal Housing Opportunity

1819 W Grand Ave | Chicago, IL 60622