COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75 SOUTHGATE, MI 48195 Diana Peterson President 847.509.2757 diana.peterson@svn.com SVN AuctionWorks 707 Skokie Blvd., Suite 601, Northbrook, IL 60062 SALE BROCHURE
Property Summary OFFERING SUMMARY Suggested Opening Bid: $50,000 PROPERTY OVERVIEW Approximately 9.26 acres of raw land. Prime development opportunity with all utilities available to site! Good visibility along the I-75 expressway. Lot Size: Approx. 9.26 Acres This is a court ordered bankruptcy auction. Cooperating Broker Licensed in the State of Michigan: Friedman Integrated Real Estate Solutions License #6505228398; Kevin George License # 6501273697. Zoning: C3; Thoroughfare Service Districts Price / SF: $0.12 PROPERTY HIGHLIGHTS Online Auction Bidding Starts at 11 AM CST Wednesday, January 17, 2018 and ends Friday, January 19, 2018, 11 AM CST Buyer's Premium: The Greater of 6% or $2,500 Cooperating Broker's Commission: 2% Pre-Auction Bids Highly Encouraged! COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75 SOUTHGATE, MI 48195 SVN AuctionWorks Page 2
Additional Photos COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75 SOUTHGATE, MI 48195 SVN AuctionWorks Page 3
Location Maps COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75, SOUTHGATE, MI 48195 SVN AuctionWorks Page 4
Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 8,984 108,030 284,186 Median age 42.7 39.4 38.5 Median age (male) 41.8 38.3 37.1 Median age (Female) 43.1 40.4 39.7 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 3,722 42,343 110,486 # of persons per HH 2.4 2.6 2.6 Average HH income $59,519 $58,492 $57,318 Average house value $170,908 $138,172 $134,199 * Demographic data derived from 2010 US Census COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75, SOUTHGATE, MI 48195 SVN AuctionWorks Page 5
Advisor Bio & Contact DIANA PETERSON President PROFESSIONAL BACKGROUND Diana M. Peterson, President of SVN AuctionWorks, has 19+ years of experience in law, real estate brokerage and auctions. Prior to founding SVN AuctionWorks, an independently owned and operated franchise, Peterson served as Executive Vice President of Auctions by ATG. Peterson built the auction platform for Auctions by ATG and ran the company, utilizing the expertise she previously acquired launching and operating a real estate brokerage company, PMD Realty, LLC, for over a decade. In 2001, seeing an opportunity to provide home owners an alternative disposition strategy, Peterson established PMD Realty. As a result, PMD Realty quickly became the leading local provider of flat-fee MLS listing services, dominating the emerging flat-fee market for several years. During that time, Peterson was recognized by the Chicago Association of Realtors as one of the top 5 producing realtors, having closed +$130M in residential sales and negotiated +500,000 SF of commercial lease and sale transactions. In addition to her client-focused philosophy, Peterson is known for her exceptional negotiation and legal skills, honed during years of practice as an attorney. Prior to starting PMD Realty, LLC, Peterson worked for U.S. Equities Realty, and Jones Lang LaSalle; she practiced law with D Ancona & Pflaum and Hedlund Hanley & John. Peterson draws on these experiences in upholding her commitment to provide only the highest level of service to her clients. 707 Skokie Blvd., Suite 601 Northbrook, IL 60062 T 847.509.2757 C 312.218.6102 diana.peterson@svn.com IL #471.004909 Peterson earned a law degree from the University of Minnesota Law School, where she served as an editor of the Minnesota Law Review, and before that, acquired a Bachelor of Arts (with honors) from the University of Chicago. Apart from her Illinois law license, she holds an Illinois real estate managing broker s license and an Illinois auction license. Peterson is also a certified REO broker and personal property appraiser. Frequently quoted in the news, Peterson has been featured in DS News, GlobeSt.com, Crain s, Illinois Real Estate Journal, Real Estate Executive magazine and many other publications. Peterson is often engaged as a speaker at real estate conferences as well. Peterson is a member of Turnaround Management Association (TMA), Real Estate Investment Association (REIA), International Women s Insolvency & Restructuring Confederation (IWIRC), Certified Commercial Investment Member (CCIM), American Bankruptcy Institute (ABI), Chicago Association of Realtors (CAR), National Association of Realtors (NAR) and the National Auctioneers Association (NAA). Active in the community, Peterson devotes time to serving on several non-profit boards, including The Auxiliary Board of the Art Institute of Chicago, PAWS Chicago, The Poetry Center of Chicago and The Young Leaders Fund of the Chicago Community Trust. COURT ORDERED BANKRUPTCY AUCTION: APPROX. 9.26 ACRES LAND BREST ROAD EAST OF I-75, SOUTHGATE, MI 48195 SVN AuctionWorks Page 6