An Incredibly Unique Real Estate Auction Opportunity, Chicago, IL, November 7, 2019

82 Old Town neighborhood condos spead across numerous different properties in newer modern buildings in excellent conditions to be sold in bulk.

Projected bulk value 20 YEARS FROM NOW over $50,000,000

Projected value of comparable units TODAY approximately $28,000,000

To be sold subject to a minimum opening bid of $5,000,00

You are essentially purchasing 82 condos that have market values today of up to $425,000 each for approximately $64,000 each at the published minimum bid plus a buyers premium. 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 20 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 82 units derives NO distributable income above and beyond expenses until the leases 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.

82 Old Town Neighborhood Condos, Chicago, IL