Inland Real Estate Advisors, Inc. to Auction Multiple Development Sites and Famed Wisconsin Golf Club and Resort
Alyssa Campbell
Inland CommunicationsOctober 19, 2015
Oak Brook, Ill. – Inland Real Estate Advisors, Inc. (“Inland Advisors”) announced today its November 18th auction event that will be held at The Inland Real Estate Group of Companies, Inc. headquarters in Oak Brook, Illinois, at 6:30 p.m. CST. The auction will feature properties located throughout the Chicagoland and southwest Wisconsin area.
Among the properties set to be sold is the famed Nippersink Golf Club and Resort in Genoa City, Wisconsin. Spanning 171 acres with beautiful lake frontage, the property is comprised of an 18-hole, Par 71 championship golf course and a 46-room hotel including 10 rented apartments and operating banquet facilities. The property, previously listed at $3.9 million, will open bidding at $1.89 million in November’s auction.
“This represents a rare and one-time only opportunity to acquire an exceptional and famed resort,” said Paul Rogers, president of Inland Advisors. “The property is centrally located between Chicago and Milwaukee making it a prime destination location. This is an ideal repositioning or redevelopment opportunity for the right investor.”
Additional properties to be sold include:
• 12.84-acre development site suitable for 220 multi-family units and mixed-use development, located at 20525 W. Normantown Road in Romeoville, Illinois
• 300 acres of tilled farmland located on Route 30 near Route 34 in Montgomery, Illinois
• 22-acre multi-family development site for up to 330-units with an additional two-acre retail outlot, located on Route 30 near Route 34 in Montgomery
• 8.2-acre development site suitable for multiple outlots, located at the intersection of Route 30 and Route 34 in Montgomery
The auction event will take place in the Legacy Room at The Inland Real Estate Group of Companies, Inc. headquarters located at 2901 Butterfield Road in Oak Brook, Illinois Web simulcast bidding will also be available for pre-registered, out-of-town bidders. Interested bidders should contact Inland Advisors at 630.990.8400 or visit our website www.inlandreadvisors.com for additional information. Bidder’s Information Packages and Terms of Sale are available for each property.
About Inland Real Estate Advisors, Inc.
Inland Real Estate Advisors, Inc. is a boutique brokerage and consulting firm providing real estate services and solutions with sales/leasing, exchanges, appraisal and advisory services for private, public and institutional owners and managers of commercial and investment real estate. For more information on Inland Advisors visit www.inlandreadvisors.com.
Among the properties set to be sold is the famed Nippersink Golf Club and Resort in Genoa City, Wisconsin. Spanning 171 acres with beautiful lake frontage, the property is comprised of an 18-hole, Par 71 championship golf course and a 46-room hotel including 10 rented apartments and operating banquet facilities. The property, previously listed at $3.9 million, will open bidding at $1.89 million in November’s auction.
“This represents a rare and one-time only opportunity to acquire an exceptional and famed resort,” said Paul Rogers, president of Inland Advisors. “The property is centrally located between Chicago and Milwaukee making it a prime destination location. This is an ideal repositioning or redevelopment opportunity for the right investor.”
Additional properties to be sold include:
• 12.84-acre development site suitable for 220 multi-family units and mixed-use development, located at 20525 W. Normantown Road in Romeoville, Illinois
• 300 acres of tilled farmland located on Route 30 near Route 34 in Montgomery, Illinois
• 22-acre multi-family development site for up to 330-units with an additional two-acre retail outlot, located on Route 30 near Route 34 in Montgomery
• 8.2-acre development site suitable for multiple outlots, located at the intersection of Route 30 and Route 34 in Montgomery
The auction event will take place in the Legacy Room at The Inland Real Estate Group of Companies, Inc. headquarters located at 2901 Butterfield Road in Oak Brook, Illinois Web simulcast bidding will also be available for pre-registered, out-of-town bidders. Interested bidders should contact Inland Advisors at 630.990.8400 or visit our website www.inlandreadvisors.com for additional information. Bidder’s Information Packages and Terms of Sale are available for each property.
About Inland Real Estate Advisors, Inc.
Inland Real Estate Advisors, Inc. is a boutique brokerage and consulting firm providing real estate services and solutions with sales/leasing, exchanges, appraisal and advisory services for private, public and institutional owners and managers of commercial and investment real estate. For more information on Inland Advisors visit www.inlandreadvisors.com.