chicago-condos & Chicago Real Estate pcherry on 25 Nov 2009 12:32 pm

More Units To Be Auctioned At Seven Bridges Condominiums

November 25, 2009 - The first auction at Seven Bridges Condominiums in Woodridge was in July 2009. Back on that date, Sheldon Good and Company auction services had 40 units to put up for bid. Most of the minimum bids then were set at $130,000 to $170,000. Now another auction is on tap for this Chicago real estate development on December 16th. This “phase II developer closeout auction” as it is being called will be for 18 luxury condos and minimum bids start from $125,000 this time.

According to an email from Sheldon Good, the auction will take place at the Lisle Hyatt on 1400 Corporetum Drive in Lisle, Illinois. Registration starts at 6PM and the bidding at 7PM. A 2% discount will be given to any high bidder who can close on the unit within 10 days of signing the contract. A 5% buyer’s premium will be added to each winning high bid

You can check out these condos by stopping by on one of the open house dates that include
November 29th and December 5th, 6th, 12th, 13th from noon to 3PM and again on December 9tha and 15th from 3PM to 6PM.

Seven Bridges is a 12 story, 140 unit building on 6420 Double Eagle Drive. Some of the condos up for bid this time are already finished out, but there are some unfinished where the high bidder can pick out what finishes he or she wants. Perks include the close proximity of the Main Street retail and golf club. Amenities include maple cabinets, granite counter tops, stainless steel appliances, oversized tub in the master bath, bike room, 24 hour doorman, party room, sun deck and pool.

And if you don’t feel like attending another Chicago real estate auction, you have a good selection of Suburban Chicago Condos for sale, many of which have prices at auction levels.

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