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Surplus Property Auction on Behalf of McDonald’s Corporation

May 17, 2010

Rick Levin & Associates, Inc. is conducting a real estate auction of surplus property on behalf of McDonald’s Corporation.

The property, located at 5025 W. Hampton in Milwaukee, Wisconsin, will be auctioned at 1 p.m. on Thursday, June 24, 2010, at the Residence Inn in Milwaukee, Wisconsin.

5025 W. Hampton Ave., Milwaukee, WI

Auction Highlights

  • Vacant Parcel—Many Potential Uses
  • Previously Priced Up To $400,000
  • Suggested Opening Bid $75,000
  • Cashier’s Check Required to Bid $12,000
  • Registration opens at noon and continues until the auction begins. You are encouraged to arrive early so you may obtain limited preferential seating and have any questions answered.

Bidder Requirements

To bid, simply bring:

1) a cashier’s check, made payable to yourself, in the amount of $12,000

2) a photo ID issued by a government agency (driver’s license, passport, etc.)

3) your checkbook to pay for additional earnest money. If you are the successful bidder, you will endorse the check over to the designated escrow account as your initial earnest money payment and write a check for any additional earnest money. Please see the “specimen” Real Estate Sales Contract for more details.

Type of Auction

This property will be offered “with reserve.” That means the ownership has the right to accept or reject the high bid until 5:00 PM on Monday, June 28, 2010. The bidding will be open and public (not sealed or silent). You will know at all times what the bid amount is and see the person making the bid. Please see the Terms of Sale for complete details.

View a video message from Rick Levin regarding the auction

As always, should you have any questions about this, or any other auction being conducted by Rick Levin & Associates, please do not hesitate to contact us directly.

Phone: (773) 252-4500



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