Several properties on the auction block
Rick Levin & Associates, Inc., a Chicago-based real estate auction marketing firm, will conduct multiple-property auctions of Chicago area residential properties for a major national lender. The auction will take place at 2 p.m. on Wednesday, Nov. 28 at the Crown Plaza Chicago-O'Hare located at 5440 N. River Road in Rosemont.
"Because lenders are in the business of lending money and not owning property, this national lender has partnered with us to sell these foreclosed properties. The lender is very motivated to sell these properties now as they want them off of their books as soon as possible," said Rick Levin, president of Rick Levin Associates, Inc. "This is a one-day only opportunity for anyone, including first and second home buyers and bargain-seeking investors, to purchase any of these properties at substantial discounts from their original prices," he continued.
The properties in the auction include 80 to 100 homes in the cities of Aurora, Calumet City, Calumet Park, Chicago, Chicago Heights, Clarendon Hills, Crest Hill, Dolton, Elmwood, Evanston, Frankfort, Glendale Heights, Harvey, Matteson, Maywood, Oak Lawn, Park Forest, Park Ridge, Richton Park, Riverdale, South Holland, Stickney and Wilmette. Some of the individual properties include single-family homes located at 21315 Brown Dr. in Frankfort, 1805 S. Cumberland in Park Ridge and 708 N. Lavergne in Wilmette plus a condominium at 33 W. Ontario, Chicago. The properties are previously valued from $44,900 up to $800,000, with starting bids beginning at $10,000. A cashier's check in the amount of $5,000 is required to bid.
For a complete list of auction properties, open house dates and terms of sales, call Rick Levin & Associates, Inc. at (773) 252-4500 or (866) 655-4500) or visit www.ricklevin.com.