Tip of Trail property to be auctioned June 24
Cook County will be holding a public sale of the Tip of the Trail property on Saganaga Lake on Monday, June 24 starting at 10 a.m. Cook County Auditor Braidy Powers will conduct the auction of the tax-forfeited property.
The former resort land being offered for sale is 4.61 acres and has been appraised at $350,000. That is the minimum bid that will be accepted. The assessed value of the property is $297,500 for the buildings on the site and $242,900 for the land for a total of $537,400.
The property is zoned lakeshore residential.
The Planning & Zoning Department is in the process of finding a contractor to properly abandon three septic systems at the Tip of the Trail property. All three systems were failing and one tank cover was found to be a safety hazard. The goal is to have the work done by the auction. Seven other potential septic system sites have been identified on the property.
For details on the sale, contact Auditor Braidy Powers at (218) 387-3640.