Thursday, July 31, 2014

AuctionWorks to Host Real Estate Auction on Illinois Properties Aug. 25-27

                        
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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