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IOWA CITY — No bids were received during a sheriff’s sale for a slew of Iowa City high-rise properties — including the Chauncey — following a foreclosure ruling in April.
Dozens of people were present at the sheriff’s sale Tuesday morning in Iowa City, but no one bid on the properties. The opening bid for the three properties in the sale was set at $24 million.
As a result, the properties will return to the ownership of GreenState Credit Union. A judgment amount listed the properties at $26.5 million.
The properties included in the sheriff’s sale are:
The Chauncey, 404 E. College St.
Plaza Towers, 221 E. College St.
Park@201, 201 E. Washington St.
A parking lot at the intersection of Sou

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