U.S. Army Auction

U.S. Army Auction

04/10/2024

On Behalf of the U.S. Army Rock Island Arsenal Joint Manufacturing & Technology Center

Online Auction of Industrial Equipment: Electric Carts and Trailers, Battery Chargers, Mills, Lathes, Grinders, Forklifts, Drills, Welders, Generators, Laser Cutting Systems, Water Jet Cutting Systems, Mobile Crane and more.

All Items Sell Absolute, Regardless of Price (Subject to Terms of Sale, 11% Buyers Premium)

Onsite Inspection: May 1, 2024, 10am to 2pm

Preview Location: Rock Island Arsenal, 1 Rock Island Arsenal, Rock Island, IL 61299

The United States Army requires a criminal records check be conducted on all visitors.

Click here:RIA Visitors Access Control Record Check Form

Please read Previews information located in the Terms and Conditions of Sale.

Online Bidding Starts: April 10, 2024

Online Bidding Ends: May 8, 2024, AT 11: A.M. CDT

Payment Terms: Cashier's Check or Wire Transfer

Click here: Terms of Sale

Click here: Inventory List

Click here: Pictures

2212 Ferry Road, Unit 103, Naperville, IL

2212 Ferry Road, Unit 103, Naperville, IL

06/05/2024

Real Estate Auction: Date Pending

Court Ordered Sale

Iron Gate Motor Condominium

2212 Ferry Road, Unit 103, Naperville, IL

Expected Selling Range $1,000,000 to $1,550,000

Modern approximately 4,307 sq. ft. fully finished commercial condominium on three levels.  2,344 sq. ft. of auto garage with three overhead doors, 1,063 sq. ft. finished entertainment space on the 2nd floor, 900 sq. ft. entertainment on the 3rd floor.

On-site Inspections (To be determined) and by appointment.

Auction Deadline: Date Pending

Click here for Terms of Sale:

2464 Fawn Lake Circle, Naperville, IL (Single Family Home)

2464 Fawn Lake Circle, Naperville, IL (Single Family Home)

06/05/2024

Real Estate Auction Court-Ordered Sale June 5, 2024

2464 Fawn Lake Circle, Naperville, IL (single-family home in the White Eagle Subdivision)

2-story, 6 bedroom, 5.5 baths; approx. 4,887 sq. ft.  Overlooking pond and golf course, many upgrades, theatre room, fireplace, huge kitchen, guest suite.

Open House:  TBD

Previously valued well over $1,500,000

Suggested Opening Bid $1,075,000

Auction Deadline: June 5, 2024

Click here for Terms of Sale:

1701 J David Jones Parkway, Springfield, IL

1701 J David Jones Parkway, Springfield, IL

12/31/2024

Hotel Property, 1701 J David Jones Parkway, Springfield, IL

Currently closed and in need of updating, this 2-story former Howard Johnson and most recently Motel 6 flagged hotel has 79 rooms with a large parking area and excess land situated on 8.61 acres.  The property features a restaurant, meeting rooms, breakfast rooms, and an outside pool.  Good visibility, and is the closest hotel to the Abraham Lincoln Capital Airport.

Previously Valued Well Over $2,000,000

Suggested Opening Bid $500,000

On-site Inspections 12:30pm to 2:30pm on August 23, September 6 and September 12, 2023.

Auction Deadline September 19, 2023

 

 

ATF Jewelery Auction

ATF Jewelery Auction

12/31/2024

On behalf of the Bureau of Alcohol, Tobacco, Firearms & Explosives

Jewelry Auction Deadline April 18, 2023

Live Preview April 13, 2023 from Noon - 2:00p.m.

Tiffany Keys Tiffany Victoria Key Pendant Platinum with Diamonds

Click here for Terms of Sale: Terms of Sale

Click here for Sealed Bid Form: Sealed Bid Form

In conjunction with Schroeder Moving Systems, Inc.

2323 E. 101st Ave., Crown Point, Indiana

2323 E. 101st Ave., Crown Point, Indiana

12/31/2024

Dual Bid Real Estate Auction, July 26, 2023

2323 E. 101st Ave., Crown Point, Indiana (Just 1 hour from Chicago)

18-Hole Golf Course Situated on 152 Acres with tremendous single-family home redevelopment potential.

Surrounded by new construction and fabulous area amenities.  Don't miss this unique chance to acquire prime real estate in sought-after Crown Point.

On-site Inspections Noon - 2 p.m. on July 11, July 14, July 19 and by appointment.

Seller financing to qualified bidders.

In conjunction with JBS Advisors, Inc. & Rick Levin, Licensed Indiana Auctioneer.

Auction Deadline: July 26, 2023

Click here for Drone Video:

Click here for Terms of Sale:

 

5 Vacant Land Parcels Combined into 4 Seperate Offerings in Fredericksburg, Virginia

5 Vacant Land Parcels Combined into 4 Seperate Offerings in Fredericksburg, Virginia

12/31/2024

Bank-Owned Real Estate Auction September 21, 2023

5 Vacant Land Parcels Combined into 4 Separate Offerings all Located in Fredericksburg, Virginia

Various potential uses from Hotel, Retail, Office, Assisted Living and more.

Offering 1: 3.44 Acres, O Overview Drive, Cosner East 36-21-E.  Zoned C-3.  You essentially receive two high-visibility stop light corner lots at the entry way to the Spotsylvania Regional Medical Center.  The corner of Spotsylvania Pkwy and Hospital Blvd.

Previously Valued to $1,675,000

Suggested Opening Bid $650,000

Offering 2: 3.3 Acres, 0 Hospital Blvd., Pod C Parcel 4 Cosner East.  Zoned C-3.  Southside of Overview Dr., Eastside of Hospital Dr. where Hospital intersects Mill Dr. Adjacent to Bojangles, Sheetz Gas Station.

Previously Priced to $950,000

Suggested Opening Bid $375,000

Offering 3: 5.56 Acres, Parcel 4 & 5 Harrison Crossing, 5535 & 5541 Plank Rd., to be sold in bulk.  Adjacent to Giant Grocery Store, Burger King, Chipotle, Taco Bell, Home Depot, Firestone, and much more.

Previously Priced Over $2,160,000

Suggested Opening Bid $825,000

Offering 4: 1.140 Acres, Cosners Corner, East of Patriot Hwy (U.S. 1) Zoned C-3.  Between Rt. 17 (Mills Dr.) to the North and Spotsylvania Pkwy to the South.  Behind a GNC store, a Hai Cuttery and diagonally across from a Gourmeltz, adjacent to Target, Publix, Kohls, Petsmart, etc.

Previously Priced to $700,000

Suggested Opening Bid $350,000

For information contact Rick Levin & Associates, Inc. at 312 440 2000.  In conjunction with Woltz & Associates, Inc. Licensed Virginia Real Estate Broker & Auctioneer License # 321.

Auction Deadline September 21, 2023

Click here for Terms of Sale:

2143 Calumet Ave., Hammond/Whiting, Indiana

2143 Calumet Ave., Hammond/Whiting, Indiana

12/31/2024

Real Estate Auction September 19, 2023

Property: 2143 Calumet Ave., Hammond/Whiting, Indiana (Just 30 minutes from Downtown Chicago)

Fully Accredited Surgical Center

Now closed because the long-term owner retired.  This 2-story, approx. 13,000 sq. ft. building is ideal to continue to be used as a surgical center, although zoning allows for multiple alternative uses.  Located 1 mile from Chicago and the Illinois border, all equipment is included in the sale.  Low Indiana property taxes and Doctor's malpractice insurance.  Large off-street parking lot.  Across from Wolf Lake, Hammond Music Venue and lakefront development.

Previously Valued Over $5,000,000

Suggested Opening Bid $850,000

On-site inspections 10am to noon on August 22, September 7 and September 13, 2023.

In conjunction with Rick Levin, Licensed Indiana Auctioneer.

Auction Deadline September 19, 2023

 

11020 S. Prospect Ave., Chicago, IL

11020 S. Prospect Ave., Chicago, IL

12/31/2024

Auction has been Postponed, date to be announced and the On-site inspections have been cancelled!

Real Estate Auction September 20, 2023

10-Unit Apartment Building

11020 S. Prospect Ave., Chicago, IL

All 2 bedroom units with a substantial building remodel 5 years ago.  Adjacent to Metra station, police and fire stations in between the Beverly and Morgan Park areas of Chicago.  Off-street parking - always rented, great net operating income.

Suggested Opening Bid $935,000

On-site inspections 2 - 4pm on August 22, September 7 and September 13, 2023.

Auction Deadline: September 20, 2023

Click here on Auction Terms:

45+/- Acres at the Intersection of I-80 & IL-178 in LaSalle, IL

45+/- Acres at the Intersection of I-80 & IL-178 in LaSalle, IL

12/31/2024

Real Estate Auction December 12, 2023

45+/- Acres at the Intersection of I-80 & IL-178 in LaSalle, IL.

Just 90 miles Southwest of Chicago and adjacent to Starved Rock State Park and across from Love's Travel Stop and McDonald's with highway visibility and off ramp accessibility.  Potential uses include gas/truck stop, hotel, restaurants, etc.  Zoned M1 light industrial.  All utilities at the site. 

Offered in 3 Parcels, Buy 1, 2 or all 3:

Parcel #1 approx. 16.02 acres of vacant land

Parcel #2 approx. 22.97 acres of vacant land

Parcel #3 approx. 6.26 acres of vacant land

Previously Valued Over $1,800,000

Suggested Opening Bid $825,000

Auction Deadline December 12, 2023

Click here for Terms of Sale:

16 Old Town Neighborhood Condos, Chicago, IL

16 Old Town Neighborhood Condos, Chicago, IL

12/31/2024

16 Old Town neighborhood condos spread across numerous different properties in newer modern buildings in excellent condition to be sold in bulk.

Projected Bulk Value 17 Years from Now Over $10,000,000

Projected Value of Comparable Units Today Approximately $6,000,000

Suggested Opening Bid $1,000,000

You are essentially purchasing 16 condos that have market values today of up to $450,000 each for approximately $65,000 each at the suggested opening bid.  This is a great inflation hedge that should accomplish the goal of asset preservation while giving the owner a strong opportunity for oversized returns.  A clever diversification for your portfolio.  Think of this as you might an annuity or a zero-coupon bond, and discuss with your accountant or financial planner the estate planning and wealth transfer implications that could benefit a purchaser.

Approximately 17 years remaining on a government guaranteed master lease that eliminates all property taxes, all assessments are paid, and units are well maintained and updated thru the course of the lease.  The ownership of these 16 units derives NO distributable income above and beyond expenses until the lease on each unit expires.

If you have a long-term strategy, are bullish on Chicago's future, are a family office, a college endowment, or a savvy investor who knows a tremendous opportunity when they see it, please contact us for more details.

Auction Deadline: May 13, 2021

Click here for Terms:

 

Chateau Bu-Sche, 11535 S. Cicero Avenue, Alsip, IL

Chateau Bu-Sche, 11535 S. Cicero Avenue, Alsip, IL

12/31/2024

Chateau Bu-Sche, at the intersection of 115th & Cicero and adjacent to Chicago, 11535 S. Cicero Avenue, Alsip, IL.

This 26,000 sq. ft. multi-use facility sits atop an ornately landscaped 11.5-acre parcel with 325 on-site parking spots.  The elegant event venue which hosted hundreds of thousands of guests over the past 45 years was recently closed due to the ownership retiring.  Potential uses include car dealership, event space, restaurant, senior housing, various medical uses, office, hotel, educational uses, and much more.

Previously Valued to $12,500,000

To Be Sold Subject to a Minimum Bid of $2,000,000 plus a 7.5% Buyer's Premium

On-site Inspections noon to 2pm on October 18 & 26, 2022 and by appointment.

In conjunction with JBS Advisors.

Auction Deadline: November 1, 2022

Click here for Terms of Sale:

 

Click here for Video:

1002 W. Washington Ave., Polk City, Iowa

1002 W. Washington Ave., Polk City, Iowa

12/31/2024

Real Estate Auction September 20, 2022

1002 W. Washington Ave., Polk City, Iowa

One-story 19,803 sq. ft. commercial building on 3.41 acres.  Built in 1976, this currently closing nursing and rehab facility is zone R-1 (single-family detached residential).  Potential uses include various medical uses, training, senior housing, office, apartments, educational uses, and much more.

Previously Valued Well Above $2,000,000

Suggested Opening Bid $350,000

On-site Inspections noon to 2pm on August 31, September 9 and 15, and by appointment.

In conjunction with Hallberg Auction and Real Estate.

Auction Deadline: September 20, 2022

Click here for Terms of Sale:

2042 N. Clark Street, #101, Chicago, IL

2042 N. Clark Street, #101, Chicago, IL

12/31/2024

Real Estate Auction December 13, 2022

2042 N. Clark, #101, Chicago (Ground Floor Commercial Condo)

Huge foot traffic and floor to ceiling windows.  Possible city permits for two street parking spots.  Double awning signage. Beautifully built-out approximately 600 sq. ft. storefront.  Possible uses included professional office, retail boutique, salon, etc.

Previously Priced Over $300,000

To Be Sold Subject to a Minimum Bid of $150,000*

Seller Directs Year End Sale and Closing, Pre-Auction Offers Highly Encouraged.

On-site Inspections 2pm to 4pm on Nov 30th & Dec 6th, 2022 and by appointment.

In Conjunction with JBS Advisors.

*Subject to 10% Buyers Premium & Terms of Sale.

Auction Deadline: December 13, 2022

Click here for Terms of Sale:

 

 

5430 St. Charles Rd., Berkeley, IL

5430 St. Charles Rd., Berkeley, IL

12/31/2024

Real Estate Auction December 13, 2022

5430 St. Charles Rd., Berkeley, IL, a Two-Story Office Building.

11,800 sq. ft. brick building (which includes the basement and second floor) on 14,445 sq. ft. land site, 21 parking spaces, quality finishes and in excellent condition.  Ideal for User/Investor.

Previously Valued Over $1,350,000

Suggested Opening Bid $350,000

On-site Inspections 10am to Noon on Nov 30th & Dec 6th, 2022 and by appointment.

In conjunction with Colliers International & JBS Advisors.

Auction Deadline: December 13, 2022

Click here for Terms of Sale:

6811 S. Hazel St., Pine Bluff, Arkansas (Skilled Nursing Facility)

6811 S. Hazel St., Pine Bluff, Arkansas (Skilled Nursing Facility)

12/31/2024

SOLD Prior to Auction!!!!!

Real Estate Auction February 15, 2023.

Skilled Nursing Facility, 6811 S. Hazel St., Pine Bluff, Arkansas.

Built in 1992, this currently vacant 36,045 sq. ft. building is comprised of 66-units/126-beds situated on 3.36 acres.  Good condition, tranquil-park like setting.

Previously Valued to $3,800,000

Suggested Opening Bid $650,000

On-site Inspections noon to 2pm on Jan 24, Feb 1 & 9 and by appointment.

In conjunction with Wooley Auctioneers, AALB#2150

Auction Deadline: February 15, 2023

Click here for Terms of Sale:

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

12/31/2024

Real Estate Auction February 15, 2023

19.5+/- Acres East Side of Midlothian Rd. North of Old McHenry Rd., Hawthorn Woods, IL

Currently Zoned Agriculture.

Strong Residential Development Potential with Newer Construction Nearby.

Buy Land as a Great Hedge Against Inflation.

Previously Valued Over $1,500,000

Suggested Opening Bid $300,000

Auction Deadline: February 15, 2023

Click here for Terms of Sale:

5.5 Acres in Dwight, IL

5.5 Acres in Dwight, IL

12/31/2024

5.5 Acres in Dwight, IL

At the Exit of 1-55 and Rt. 47, Adjacent to Hotels, BP Gas, McDonald's, Subway, etc.

Previously Valued Over $500,000

Suggested Opening Bid $185,000

Auction Deadline August 15, 2023

Click here for Terms of Sale:

+/- 34 Acre Vacant Land Parcel, South Barrington, IL

+/- 34 Acre Vacant Land Parcel, South Barrington, IL

12/31/2024

On behalf of the South Barrington Park District

Excess Property +/- 34 Acre Vacant Land Parcel

South of the intersection of RT 59 (Sutton Rd.) and Bartlett Rd., South Barrington, IL

Previously Valued at Approximately $3,500,000

To be sold subject to a minimum bid of $1,725,000 and approval of the Board of Commissioners of the South Barrington Park District (plus a 1% buyers premium)                     

Auction Deadline:  February 28, 2024

South Barrington Park District Auction Link: