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| Diana M. Peterson |
CHICAGO, IL –
AuctionWorks has announced the firm will host an auction online June 23-25 that
will include single-family, multi-family, mixed-use, office, industrial, retail
and vacant land.
The auction includes two luxury homes in Chicago’s Lincoln
Park and Peterson Park neighborhoods.
Also, six of the 27 properties currently
offered are bank-owned and will be sold absolute to the highest bidder,
regardless of price.
Buyers can bid online or submit pre-auction offers.
“Auctions have
become a popular choice for sellers of luxury properties who are seeking more
control over the sale process in a time when traditional sale contracts often
fall apart due to financing and other contingencies,” said Diana M. Peterson,
president of Chicago-based AuctionWorks.
“These sellers are often sophisticated and wealthy ̶ not in
distress, foreclosure or bankrupt ̶ and are attracted to the auction process
for myriad reasons.”
Interested parties
in the June 23-25 online auction should visit www.svnauctionworks.com to bid
and join the mailing list to receive upcoming auction notices. Many of the
properties are expected to sell pre-auction, and pre-auction bids are highly
encouraged.
Commercial properties and vacant land will also be offered
in the June auction, with several being bank-owned, including four vacant land
parcels and an industrial property, all of which will be sold absolute to the
highest bidder, regardless of price.
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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