New Homes in Chicago Available at Auction this Weekend

November 09, 2012

chicago new homes available at real estate auctionOn Friday, November 10, the Auction Event kicks off. The event, which features more than 100 properties and new homes in Chicago, offers real estate throughout the Midwest. Properties are located in Illinois, Michigan, Minnesota, Ohio, South Dakota and Wisconsin. The auction also offers properties in the southern states of Georgia, North Carolina and South Carolina.

There are a variety of properties for sale including mixed-use, multi-family, vacant land and commercial real estate. Plenty of single-family homes, condos and duplexes are also for sale at ready-to-sell prices. Starting bids will depend on the location and condition of the properties, with some real estate selling at “absolute” price, which means no minimum bid is required.

Some featured Illinois properties include a vintage 1920s commercial and residential building, a three-unit condo complex located in Capron and a 16,000 square foot retail and office building. The locations of the 1920s vintage building and the large office building have not yet been disclosed.

For experienced bidders and live auction fans, Micoley will be holding a live event at the Best Western O’Hare Airport in Chicago. Registration begins at noon and the auction begins at 1 p.m. Since all properties are also available for online building, not all properties can be guaranteed as available on the auction date. The live Illinois event is expected to attract investors and bidders from all over the country. Illinois is the only participating state to offer online bidding.

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