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The Forest Institute campus is up for auction March 30, according to a legal notice in The Daily Events.Photo courtesy LoopNet.com
The Forest Institute campus is up for auction March 30, according to a legal notice in The Daily Events.

Photo courtesy LoopNet.com

Forest Institute campus to be auctioned

Posted online
The campus formerly home to the School of Professional Psychology at Forest Institute is slated to hit the auction block later this month.

After becoming a subsidiary of Burrell Behavioral Health in summer 2013, Forest Institute was dissolved at the end of September, and the school closed its 54-acre campus at 2885 W. Battlefield Road.

In the fall, the campus was listed for sale at $5.9 million, which was down from an original listing of $6.4 million in mid-2012. The property carries an office zoning and includes a 43,290-square-foot building and a 24-unit apartment facility, according to LoopNet.com. It’s located at the intersection of Battlefield Road and Golden Avenue, near Associated Electric Cooperative Inc.

The 2 p.m. March 30 trustee’s sale at the Greene County Courthouse steps calls on the property to be sold to the highest cash bidder, according to a notice published in The Daily Events.

The notice lists a debt load of $1.93 million related to the property.

Springfield law firm Chaney & McCurry co-founder Bruce McCurry, who’s listed as the successor trustee for the property, declined to answer questions related to the sale. Burrell President Todd Schaible could not be reached by deadline.

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