District 64 is selling the lot located at 820 Rowe Avenue, Park Ridge. The vacant lot was connected to the former Oakton School and was kept by the District when the Oakton building was sold.
The District has no use for this property now and is looking for a new owner to take it over. The land will be sold at public sale by sealed bid. Bids must be submitted in a sealed envelope entitled "Bid for School District Real Estate."
- The name, address, and telephone number of the bidder must be displayed on the outside of the bid.
- Bids shall be due on January 17, 2023, at 1:30 p.m. at the District Administrative Office (8182 Greendale Avenue, Niles, IL, 60714).
- All bids received after January 17, 2023, at 1:30 p.m., will not be considered and will be returned unopened to the bidder. Facsimile bids will not be considered. Bids will be opened and read aloud on January 17, 2023, at 1:31 p.m. at the District Administrative Office. The award of the bid, if at all, shall be by the Board of Education on January 26, 2023, at 7:00 p.m., or such other date as the Board of Education may determine.
The sale will be made on the following terms: (i) a minimum sales price of at least $350,000;(ii) $35,000 in earnest money is deposited by the successful bidder within two business days of the execution of the contract by the Board; (iii) a mandatory prebid meeting will be held at the Real Estate on December 19, 2022 at 1:30 p.m;(iv) the Real Estate is being sold "As-Is" without any representations; and (v) the Board reserves the right to reject any and all bids whether they meed the bid specifications or not, including bids that meet the minimum purchase price, to waive any irregularities, or to reschedule the public sale.
Beginning on or about November 30, 2022, at 9:00 a.m., a bidder’s information packet will be available at the District Administrative Office and on the District’s website, www.d64.org, which shall contain the terms and conditions of the sale, a Bid Form, a specimen real estate purchase agreement, a title commitment, and such other documents as made available by the Board in the bid packet. Any questions relating to the sale of the Real Estate should be sent in writing to the attention of Mr. Adam Parisi, Chief School Business Official at email@example.com or delivered in person to the District Administrative Office. A written response to all inquiries shall be given by Mr. Parisi to all bidder that have provided him with contact information. No oral representations will be binding upon the Board. Additionally, no inquiries may be submitted after January 10, 2023, at 3:00 p.m.