CHICAGO—In 2014 Sperry Van Ness launched a Chicago-based franchise, called AuctionWorks, which hosts multi-property auctions online, and with online auctions growing in popularity, the company is going to have a busy summer. It will host several upcoming online and sealed bid auctions featuring retail, mixed-use, industrial, office, income-producing residential, luxury residential, and vacant land properties located throughout Illinois and Wisconsin.
The auctions, slated for various dates throughout June, July and September, will feature more than 200 commercial and residential properties, including a 10,500 square-foot luxury estate in suburban Oak Brook; five separate portfolios comprising more than 150 income-producing, Section 8 rental properties; a former Fuddruckers restaurant; and many bank-owned properties.
As reported in GlobeSt.com, last November it held an auction with more than 90 listings and the previous June it held one with 27.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
