Various properties on auction block
Westar Properties, Inc., an Oak Brook-based real estate auction marketing firm, will sell eight single-family homes and one condominium at auction on Aug. 29. The properties are located in Arlington Heights, Chicago, Mount Prospect, Niles, Riverwoods, Wadsworth and West Chicago. The auction will take place at 7:30 p.m. at the Sheraton Gateway Suites, 6501 N. Mannheim Road in Rosemont.
Properties in the auction include:
•Two new homes located at 705 and 709 S. McKinley in Arlington Heights. Custom-built, 3,000-square-foot single-family homes (to be sold individually) with four bedrooms, 3½ baths featuring numerous amenities, including designer kitchens with granite countertops and stainless steel appliances, floor-to-ceiling brick fireplaces, hardwood floors, full basements (one finished) and two-car garages. Originally priced at $749,900 and $725,000 respectively, each house has an opening bid of $400,000. A certified or cashier's check in the amount of $16,000 for 705 S. McKinley or $15,000 for 709 S. McKinley is required to bid. The properties will be available for viewing from 11:30 a.m. to 1:30 p.m. on Saturday.
•A two-bedroom, two-bath condominium at 110 S. Dunton (unit 2F) in Arlington Heights. Located in a well-maintained, brick, five-story elevator building where units are rarely available, the unit is in the southeast corner of the second floor for extra windows and light, and includes parking, extra storage, large in-building laundry room, low common area maintenance fees and an established association. Valued to $270,000, the condominium has an opening bid of $125,000. A certified or cashier's check in the amount of $8,000 is required to bid. The property will be available for viewing from 1 to 3 p.m. on Saturday.
•Complete custom rehab at 4400 W. Wilson in Chicago. Four-bedroom, three-bath, plus office and two-car garage in the Mayfair neighborhood. The 2,550-square-foot single-family home was completely gutted and features an all-new second floor, new kitchen cabinets and granite countertops, master bath with marble floors and whirlpool tub (also in second bath), new hardwood floors, finished basement, tuck pointing and all-new windows, electrical, plumbing and HVAC. With a bank appraisal of $608,000, the house has an opening bid of $350,000. A certified or cashier's check in the amount of $14,000 is required to bid. The house will be available for viewing from 11:30 a.m. to 1:30 p.m. on Sunday.
•Renovated raised ranch at 1431 S. Birch Drive in Mount Prospect. Four-bedroom, two-bath single-family home with a large yard. This 1½-story brick and frame residence features new kitchen and appliances, hardwood floors, new windows, new roof and has Lake Michigan water. Originally priced at $389,900, the house has an opening bid of $200,000. A certified or cashier's check in the amount of $12,000 is required to bid. The property will be available for viewing from 2 to 4 p.m. on Saturday.
•Vintage 4,300-square-foot brick ranch at 6840 Concord Lane in Niles. An ideal candidate for renovation or complete redevelopment, this is the first time on market for this three-bedroom, 3½-bath home with full basement and attached two-car garage located in the Bunker Hill subdivision. Features include new "tear-off" roof along with fascia, soffit and gutters in 2002, three fireplaces with marble and stone surround, seven-zone radiant heat on a large lot. Valued to $950,000, the house has an opening bid of $450,000. A certified or cashier's check in the amount of $17,000 is required to bid. The property will be available for viewing from 11:30 a.m. to 1:30 p.m. on Saturday and from 5:30 to 7:30 p.m. Monday.
•Red brick colonial at 1370 Kenilwood Lane in Niles. A five-bedroom, 6½-bath single-family home on 1.3 wooded acres. Features of this "must see" modern 10-year old home include arched entry, dramatic foyer with oval skylights, views and lights from walls and windows, 16 skylights, hardwood floors, full finished basement, three-car garage and much more. Originally priced at $1,999,000, the house has an opening bid of $1,100,000. A certified or cashier's check in the amount of $30,000 is required to bid. The property will be available for viewing from 2:30 to 4:30 p.m. on Saturday.
•Luxury 2,300-square-foot home on more than one acre at 13491 W. Hidden Springs Trail in Wadsworth. The 4-year old home has four bedrooms, 2½ baths and full English basement on a cul-de-sac lot in the Chestnut Trails subdivision. The property features a two-story foyer, maple kitchen cabinets, stainless steel appliances and island, vaulted and cathedral ceilings, dual staircases, and expansive deck and hot tub overlooking the yard. Originally priced at $375,000, the house has an opening bid of $200,000. A certified or cashier's check in the amount of $11,000 is required to bid. The property will be available for viewing from 3 to 5 p.m. on Sunday.
•Deluxe ranch on 1¼ acres at 525 Ridgeland Avenue in West Chicago. An ideal candidate for renovation or redevelopment into multiple single-family homes, this four-bedroom, two-bath, plus basement, single-family home with two-car garage is located near Routes 59, 64 and 38. The property is divided into two living areas for potential in-law living. Valued to $400,000, the house has a minimum bid of $210,000. A certified or cashier's check in the amount of $10,000 is required to bid. The property will be available for viewing from 1 to 3 p.m. on Sunday.
For a brochure on the auction, call Westar Properties, Inc. at (630) 705-5500 or visit www.WestarProperties.com.