South Bend Tower Set to be Sold
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe tallest building in South Bend is scheduled to hit the auction block next month. The 25-story Chase Tower will be sold at a St. Joseph County Sheriff's sale March 20. The South Bend Tribune reports the property has been in receivership since late-2011. Owner Dillingham Hill Real Estate LLC had fallen behind on it mortgage.
The publication also notes New York-based Washington Square Realty purchased the bank note in 2013 and plans to use next month's sale as a way to obtain a lien-free title on the property.
Sources: The St. Joseph County Sheriff's Office, The South Bend Tribune