Redefining Perceptions
about Auctions
Call Us Today! 312-278-0600
CHICAGO BUYK Store #3 New Food Service Equipment, High Demand Upscale Food & Beverages
Auction Highlights
THIS LOCATION IS A "DAY TWO" AUCTION.
LOTS AT THIS LOCATION ARE IN THE 3000 SERIES
There are TWO auction catalogs for Chicago. Day One and Day Two include four store locations each day.
Auction catalogs for the eighteen New York City stores will go live on Monday, April 4th.
CHICAGO Two online auction events will take place for the Chicago stores. Each will include 4 stores. Multiple online auction dates will be announced for the 19 stores located in the New York City Area on Monday, April 4.
DAY ONE - Auctions for the following Chicago Stores Close beginning at 9:00 a.m. WEDNESDAY, April 6th
Store #1 - 1956 W. Lawrence Ave., Chicago - 1000 Series Lots
Store #2 - 4819 W. Irving Park Rd., Chicago - 2000 Series Lots
Store #3 - 2774 N. Milwaukee Ave., Chicago - 3000 Series Lots
Store #4 - 3545 W. Armitage, Ave., Chicago - 4000 Series Lots
DAY TWO - Auctions for following Chicago Stores Close beginning at 9:00 a.m. THURSDAY, April 7th
Store #1 - 1956 W. Lawrence Ave., Chicago - 5000 Series Lots
Store #2 - 4819 W. Irving Park Rd., Chicago - 6000 Series Lots
Store #3 - 2774 N. Milwaukee Ave., Chicago - 7000 Series Lots
Store #4 - 3545 W. Armitage, Ave., Chicago - 8000 Series Lots
NEW YORK CITY
The closing dates for the 19 New York City Store Locations will be announced on Monday, April 4th. Please check back for the latest information.
Max Bidding Is Strongly Recommended: These will be long and exciting auction days with 600 or more lots per day. Bidding will close on each lot quickly. We strongly recommend you place Max Bids in the online bidding software so that your bids are placed automatically if someone else bids more than you. A "Max Bid" is the maximum amount that you are authorizing the auction software to bid up to the Max Bid amount on your behalf.
Don't miss out on this incredible opportunity to name your price and win the bid on an incredible selection of items including:
- Novum USA Burren Dubliner 710 Classic Range Chest Self Contained Freezers
- Excellence Industries Mobile Ice Cream Self ContainedFreezers
- Kool-It Signature, 47" Glass Door Self Contained Refrigerators
- Green Epoxy Wire Shelving 84" Tall with between 3 and 10 Shelves
- Versa Cart EZtote® Stocking Carts
- Dell Inspiron 15 3000 Laptop Computers
- Perishable Frozen Foods
- Perishable Refrigerated Foods
- Racks 87' Tall x 48" Wide of Food & Household Items
- Insulated Food Delivery Back Packs
Description
The Chicago Auction will close on two consecutive days. Each auction will have a separate auction catalog and online bidding registration requirement.
Please provide your contact information on the pop-up screen on this site and we will provide you with any updates to these auctions in real-time.
Please press the VIEW CATALOG button near the top of the right column to see the items included in this multi-store auction.
This online auction event is being conducted to sell to the highest bidders all remaining almost new equipment, upscale food and beverage inventory associated with the BUYK store liquidation.
Winning the bid on any of these items is truly a once-in-a-lifetime opportunity. From freezers, self-contained coolers, wire shelving, high-demand upscale food, and beverages, there is something for everyone!
Asset Location
Auction / Date / Time
Online AuctionApril 06, 2022 Bidding Opens: Bidding is Open Now Bidding Closes: Starting at 9:00 A.M. Local Time
Offering Strategy
U.S. BANKRUPTCY COURT-ORDERED AUCTION - ALL ITEMS TO BE SOLD WITHOUT RESERVE!
Auction Terms & Conditions: The auction Terms of Sale can be downloaded from this website.
When you register to bid you will be required to accept and be bound by the Terms of Sale. We strongly recommend you download them and read them before you bid.
All assets are sold as-is, where-is, with no warranties expressed or implied. Item is considered to be the property of the successful bidder when the auctioneer says "sold". All removal, transportation, and shipping are at the expense of the buyer.
Any disputes shall be resolved in the U.S. Bankruptcy Court, Southern District of New York.
Inspection
INSPECTION SCHEDULE:
The following schedule is being advertised to allow bidders to inspect each location before the close of bidding.
|
DAY & TIMES |
STORE LOCATION |
|
SATURDAY |
April 2, 2022 |
|
9:30-11:00 |
4819 W. Irving Park Rd., Chicago, IL |
|
11:30 – 1:00 |
2774 Milwaukee Ave., Chicago, IL |
|
12:30 – 2:00 |
3545 W. Armitage Ave., Chicago, IL |
|
2:00 – 3:30 |
1860 Milwaukee Ave., Chicago, IL |
|
3:00 – 5:00 |
2717 N. Clark St., Chicago, IL |
|
4:30 – 6:00 |
2121 N. Clybourn Ave., Chicago, IL |
|
SUNDAY |
April 3, 2022 |
|
12:00 - 1:30 |
4838 S. Cicero Ave., Chicago, IL |
|
3:00 – 4:30 |
1956 W. Lawrence Ave., Chicago, IL |
The Assets (the “Assets”) are being offered for sale in their existing condition and are available for inspection before bidding. All Bidders must rely solely on their own investigation, inspection and not on any information provided or accept the risk of not having inspected the Assets before bidding. Those inspecting the Assets assume all risks associated with any inspection.
Payment
Bidders are required to provide a credit card as part of the registration process.
PAYMENT TERMS: ALL PURCHASES MUST BE PAID IN FULL UPON RECEIPT OF THE INVOICE. Invoices will be provided within twenty-four hours after the sale closes.
All payments must be made by wire transfer, Cashier's Check, Zelle, Venmo, Cash App, or Company Check with Bank Letter of Guarantee. Checks must be made payable to National Property Solutions, Inc.
Auctioneer reserves the right to resell or dispose of Purchased Assets if the proper payment is not received within twenty-four hours of the time Auctioneer has sent the invoice to the Bidder.
Sales Tax
Chicago - There will be no collection of sales tax required for the Chicago store locations.
New York - A collection of 8.88% sales tax will be collected for assets located in New York City in accordance with local city, county, and state laws sales tax laws.
Each Purchaser expressly acknowledges and agrees that applicable sales taxes shall be paid to Auctioneer at the time of sale. Any Purchaser who claims an exemption from sales taxes agrees explicitly to before bidding to provide proof satisfactory to Auctioneer, in its sole discretion, of such Purchaser's entitlement to each such exemption. In the absence of evidence satisfactory to the Auctioneer, taxes shall be paid by the Purchaser.
Removal
ALL STORES MUST BE EMPTY WITHIN THREE DAYS FOLLOWING THE AUCTIONS! PLAN FOR YOUR TEAM AND TRANSPORTATION FOR YOUR REMOVAL NOW!
|
Date |
Location |
Items |
|
Thurs. April 7 |
Day 1 Stores |
Groceries |
|
Friday, April 8 |
Day 1 Stores |
Equipment |
|
|
Day 2 Stores |
Groceries |
|
Saturday, April 9 |
Day 2 Stores |
Equipment |
ONCE WINNING BIDDERS ARE NOTIFIED AND PAY THEIR INVOICES, THEY WILL BE INVITED TO SCHEDULE A PICK-UP TIME ON THE DAYS DESCRIBED ABOVE.
IF YOU BUY AN ENTIRE STORE, WE WILL DO OUR BEST TO ACCOMMODATE YOUR PICK-UP ON ONE OF THE DATES LISTED ABOVE!
Absolutely no Purchased Assets will be removed before (i) the conclusion of the Sale and (ii) payment is made in full.
ALL PURCHASERS ARE REQUIRED TO SUPPLY THEIR OWN LABOR AND BOXES OR PACKING MATERIALS FOR REMOVING AND PACKING PURCHASED ASSETS, INCLUDING DOLLIES, HAND TRUCKS, STEPLADDERS, HAND TOOLS THAT MAY BE REQUIRED TO REMOVE ASSETS.
All Purchased Assets shall be removed within the time frame specified by Auctioneer; provided, however, that no Purchaser shall be authorized or permitted to remove any Purchased Assets before receipt by Auctioneer of payment for such Purchased Assets. Each Purchaser expressly acknowledges and agrees that each such Purchaser shall be responsible for all costs and expenses associated with removing the Purchased Assets. Each Purchaser shall be liable to Auctioneer, Seller, owner, and/or landlord of the premises at which the Purchased Assets are located, and all other third parties for any personal injury or death of any person or damage to Assets, including (without limitation) any personal injury, death, or damage caused by hazardous substances or hazardous materials, caused, in whole or in part, by Purchaser or Purchaser’s employees, independent contractors, subcontractors, representatives, invitees, agents, affiliates, or other representatives (collectively, the “Purchaser Representatives”) Purchaser’s acts or omissions arising from related to, during, or associated with the removal of the Purchased Assets.
Details
Buyer's Premium (Buyer's Fee) : 15% of the Bid Price is charged on each item.
More Information
To order a catalog, please email us the following information:
Name
Company Name
Address
Email Address
Phone Number
For more information contact us at Info@NPSolutions.com
Contact Person
National Property Solutions
Renee Jones, CAI, AARE, BAS, CES
Offices in Strategic Cities Nationwide
1-312-278-0600
renee@npsolutions.com
Other Information
Licensing : Renee Y. Jones Illinois Auctioneer License #441001840
Disclaimer :
The Seller, National Property Solutions, Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Auction Catalogue and Internet Bidding Platform. All property is sold on an AS IS and WHERE IS basis WITHOUT RECOURSE, REPRESENTATION OR WARRANTY OF ANY KIND AND WITH ALL FAULTS. Seller, National Property Solutions, or Auctioneer does not provide, and disclaims, any warranty of any kind, whether express or implied, concerning the above-described property.
All sizes, dimensions, other measurements and condition are approximate. Descriptive information is provided by reliable sources but is not guaranteed. All information is subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.
COVID19: By participating in this auction event, Buyer acknowledges their understanding of the current pandemic as it relates to the use of social distancing from other human beings in order to protect themselves and others. Buyer agrees to practice social distancing (as that term is generally known), to limit their contact with other individuals, to wear personal protective equipment as may be necessary (breathing/face mask, gloves, coveralls), and to adhere to auction day and removal instructions and guidelines as they may be presented at the site. By participating in this auction event, the Bidder agrees to indemnify and hold harmless the seller and/or Auctioneer from any and all claims or actions for any reason whatsoever, including but not limited to those related in any way to COVID-19 or other pandemic related issues.COVID19: By participating in this auction event, Buyer acknowledges their understanding of the current pandemic as it relates to the use of social distancing from other human beings in order to protect themselves and others. Buyer agrees to practice social distancing (as that term is generally known), to limit their contact with other individuals, to wear personal protective equipment as may be necessary (breathing/face mask, gloves, coveralls), and to adhere to auction day and removal instructions and guidelines as they may be presented at the site. By participating in this auction event, the Bidder agrees to indemnify and hold harmless the seller and/or Auctioneer from any and all claims or actions for any reason whatsoever, including but not limited to those related in any way to COVID-19 or other pandemic related issues.