Done Deals: Auctions by ATG Announces Upcoming Auctions in Chicago, IL

Thursday, August 15, 2013

Auctions by ATG Announces Upcoming Auctions in Chicago, IL

Bad Influence II, a 75-foot Hatteras previously valued at $1.7 million, has a minimum bid of $1,075,000. Seats 10. Currently docked in Ft. Lauderdale, FL.

Diana M. Peterson

CHICAGO, IL (Aug. 15, 2013) – Auctions by ATG has announced the firm will host two upcoming online auctions. The firm currently is accepting bids on luxury, specialty use, commercial and residential properties for an August 28 auction.

Also, an auction planned for September 17 will offer numerous post offices located throughout Illinois.

The August 28 auction will take place online and live at 9 a.m. at One South Wacker Drive, 24th Floor, Chicago.

Both auctions are on line, but only the August auction will host a live auction at the Chicago offices as well. September is on-line only.

It features eight assets including a Hatteras motor yacht, an 18-hole golf course in Genoa, Ill., two flex warehouse spaces in Franklin Park, Ill., a single-family home in Enfield, Conn., a high-rise condominium in Chicago’s Edgewater community, residential vacant land in Lakemoor, Ill., and commercial land and buildings in Delavan, Wis.

Yacht interior

The property in Delavan is the Belfry Dinner Theater, which is ideal for renovation or redevelopment.

This high visibility, 2.5-acre property is located on Highway 67 across from Mercy Walworth Hospital and Medical Center. The property is optimal for retail, hospitality, offices, or medical use.

The auction also represents the first time Auctions by ATG will be branching out into the sale of luxury items. Bad Influence II, a 75-foot Hatteras previously valued at $1.7 million, has a minimum bid of $1,075,000.

Currently docked in Ft. Lauderdale, Fla., it accommodates up to 10 guests in a five stateroom arrangement and features maple woodwork throughout.

Belfry Dinner Theater, Delavan, WI

The September 17 online auction will begin at 9 a.m. at One South Wacker Drive, 24th Floor, Chicago and will offer post offices ranging from 756 square feet up to 2,431 square feet. Opening bids start as low as $34,476.

“So far, we have 13 post offices located in small towns throughout Illinois, and we will be adding more properties to this auction,” said ATG executive vice president Diana M. Peterson..

“The favorable price points and rental income make these properties an attractive investment for seasoned investors seeking to build their portfolio as well as everyday citizens seeking a good investment.”