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Al Capone's Wisconsin hideout - update
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AP Photo/Duluth News Tribune, Charles Curtis
Al Capone’s Wisconsin Hideout is now owned by Chippewa Valley Bank, the bank that foreclosed on the property. The $2.6 million floor price must have been a little too much, as there were no other bidders.
The bank purchased the property for the minimum bid during a five-minute sheriff’s sale, but they do not want to hold onto it for very long.
There are at least four other parties that are interested in the property, but for far less than the $2.6 million starting bid.
The Chippewa Valley Bank is hoping to sell the property within 90 days, but the current property owner has until October 28 to settle his debt with them before the title is officially transferred.
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