The 10,000-sf building at 313 E. Liberty St. in this far northwest suburb of Chicago was most recently used as the "Biloxi Grill" bar and eatery after a long run as "Mers" restaurant. The property includes 200 feet of frontage on Bangs Lake.

Meanwhile, Oak Brook, IL-based Inland Real Estate Inc.'s auction division is swinging the gavel on 20 units at 211 E. Liberty St. for Lakeside Condominiums LLC for opening bids of $75,000. Five of the one-, two- and three-bedroom units will be sold absolute June 22.

Chicago-based Rick Levin & Associates, Inc., which is auctioning the Biloxi Grill property, says the property has been on the market at a $2.2-million asking price until the seller decided to shorten the process.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.