chicago-condos & Chicago Real Estate pcherry on 14 Apr 2010 07:49 pm

25 Market Street West Condos To Be Auctioned

April 14, 2010 - For those of you who can’t get enough of Chicago real estate auctions, keep April 29th clear on your calendar because Sheldon Good & Company will be taking bids on 25 units at Market Street West in Willow Springs, Illinois. This development is located on 300 Village Circle and is a Gammonley Group project. Two buildings make up Marlet Street West and there is a total of 103 condos there.

According to the auction company, the condos will have minimum bids starting at $129,000 and FHA financing is available with a low 3.5% down payment. The minimum bids on the condos are set as much as 42% below the old list prices for the units.

The condos up for auction feature eight and a half foot high ceilings, walk-in closets, 13″x13″ ceramic tile in the entry and kitchen, wall-to-wall carpeting in the bedrooms, dining room and living room. A GE Spacemaker washer and dryer, decorater lighting, oak cabinets and Moen faucets are also standard. The baths have oversized mirrors, 5′ soaker tub, marble vanity top and double bowl sink.

Some of the condos up for bid are listed as follows;

Unit#203/ 1BR-1.5Bath/ 1,018 Sq Ft/ Old Price $198,900/ Minimum Bid $129,000

Unit#102/ 2BR-2Bath/ 1,404 Sq Ft/ Old Price $308,293/ Minimum Bid $179,000

Unit#106/ 2BR-2Bath/ 1,692 Sq Ft/ Old Price $364,778/ Minimum Bid $220,000

Unit#406/ 3BR-2.5Bath/ 2,024 Sq Ft/ Old Price $426,164/ Minimum Bid $295,000

Unit#505/ 4BR-3.5Bath/ 2,504 Sq Ft/ Old Price $542,099/ Minimum Bid $375,000

You can check out these condos through the 28th of this month on Tuesday through Thursday from 12pm to 7pm and on Saturday and Sunday from 11am to 2pm.

And if Chicago condo auctions aren’t your cup of tea, you can find some good deals on Chicago foreclosures as well.

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