Chicago, IL (PRWEB) June 19, 2013
The auction property, an 8,475+/- sf brick and steel building in the desirable Belmont Cragin Neighborhood, is just 8.5+/- miles northwest of Chicago's famous Loop. The foreclosure auction will be held on Tuesday, July 9, 2013 at 10:30 am CT at One South Wacker Drive/24th floor. A building preview is scheduled for July 2nd at 10:30 am CT at the property--3101 N. Lowell Ave., Chicago IL, 60641. Property information can be reviewed and downloaded by going to the company website at http://www.tranzon.com/DG733.
The Belmont Cragin Neighborhood is one of 77 officially-designated Chicago community areas. The neighborhood was established in the late 1800's as a center for manufacturing and commerce. Railroads were soon built to accommodate industry, which then led to residential growth in the surrounding area. Belmont Cragin experienced an economic slump in the mid-1900's but with the development of the Brickyard Shopping Mall on the former Carey Brickyard property, along with an organized campaign by residents called the Northwest Neighborhood Federation, the area has seen a revival in the commercial climate.
Tranzon is one of the largest real estate auction companies in the country, with 30 offices coast-to-coast. Tranzon’s accomplished auction professionals are widely recognized as leaders in the auction industry, and have conducted auctions in 48 states and the District of Columbia, selling more than $2 billion in total asset value. Tranzon Driggers is a member company of Tranzon, LLC and Tranzon International, LLC. All Tranzon companies are independently owned and operated.
For a complete list of auctions and sales, or to learn more about Tranzon visit http://www.tranzon.com. Enter property number DG733 for more information about this property or call toll-free 877-374-4437.