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| Diana M. Peterson |
CHICAGO, IL (July 31, 2014) – AuctionWorks has announced the
firm will host an online auction Aug. 25-27 that will include single-family
homes; mixed-use, office, industrial and retail buildings; and vacant land.
The auction includes a 14,000-square-foot estate set on 2.3
acres in Willowbrook, Ill., in the Hinsdale Central School District. It also
includes several bank-owned properties, including two that will be sold
absolute.
An upcoming
September auction will feature a recently renovated, five-bedroom single-family
luxury home with golf course views in Riverwoods, Ill.; several adjacent
riverfront commercial properties in West Dundee, Ill.; and the opportunity to
purchase notes in bulk. Buyers can bid online or submit pre-auction offers.
“High-end homes have been a big part of our recent
auctions,” said Diana M. Peterson, president of Chicago-based AuctionWorks.
“In our previous
auction, a vintage Lincoln Park home replete with luxury finishes sold in a
pre-auction bidding war for $1.425 million, $100,000 over the reserve price.
"We’re seeing more sellers opt to use online auctions because it provides high visibility
for their luxury homes among a screened, stable pool of serious buyers.”
Interested
parties in the Aug. 25-27 and September 22-24 online auctions should visit www.svnauctionworks.com to bid and join
the mailing list to receive upcoming auction notices.
For a complete copy of the company’s news release, please
contact:
Mark Thomton, mthomton@taylorjohnson.com, 312-267-4523
Emily Johnson, ejohnson@taylorjohnson.com,
312-267-4522
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