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 October 5th, 2023, at 1:30 p.m. at the District Administrative Office (8182 Greendale Avenue, Niles, IL, 60714).
- All bids received after October 5th, 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 October 5th, 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 October 19, 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 $230,000.00; (ii) $23,000.00 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 pre-bid meeting will be held at the Real Estate on September 19, 2023 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 meet the bid specifications or not, including bids that meet the minimum purchase price, to waive any irregularities, or to reschedule the public sale.
Bidders are encouraged to obtain a bidder’s information packet that contains further details on the terms and conditions of the sale.