The 7 Best Auction Houses in Chicago

Chicago is a city that thrives on its rich history, diverse culture, and vibrant arts scene. For those looking to explore or invest in unique treasures, auction houses offer an exciting opportunity to discover rare items, from fine art to vintage collectibles. In this guide, we’ll explore the 7 best auction houses in Chicago, each providing a unique experience and a chance to find something truly special.

Before delving into the world of Chicago’s auction houses, it’s essential to understand the range of services they offer and key aspects to consider:

Appraisal Services: Get professional evaluations of your items to understand their market value.
Consignment Options: Learn how to sell your items through an auction house, potentially reaching a wide audience.
Bidding Assistance: Receive guidance on how to participate in auctions, whether online or in-person.
Cataloging: Access detailed listings and descriptions of items available for auction.
Specialized Auctions: Find auctions tailored to specific interests such as art, antiques, or jewelry.

When choosing an auction house, consider the following aspects:

Reputation: Research the auction house’s history and client reviews.
Fee Structure: Understand the buyer’s premium and any seller’s fees, which can vary significantly.
Expertise: Look for specialists in the area of your interest, whether it’s contemporary art or vintage automobiles.
Location: Consider the convenience of the auction house’s location and its accessibility.

With these elements in mind, you are ready to explore the intriguing world of Chicago’s auction houses and find the perfect place to discover or sell treasured items.

1. Direct Auction Galleries, Inc
2. Hindman Auctions
3. Rpn Sales & Auction House

4. Potter & Potter Auctions
5. Art Legacy Auction House
6. Loeb
7. Heritage Auctions

Number of companies

405

Verified reviews

4,20

Average rating

(773)4653300

1. Direct Auction Galleries, Inc

★ ★ ★ ★ ★ 4,2/5

7232 N Western Ave, 60645.0, Chicago

Auction house
Art gallery
Office furniture store

Why we chose them

Direct Auction Galleries, Inc. stands as one of Chicago’s leading auctioneers and antique auction houses, attracting both seasoned collectors and newcomers alike. Specializing in antiques, collectibles, and estate auctions, they offer a diverse range of items including vintage pieces, mid-century modern furniture, Persian rugs, oil paintings, and antique lighting. The company holds auctions every three to four weeks, providing a dynamic platform for art enthusiasts and collectors to explore and bid on unique treasures. Their auctions feature over 650 lots, ensuring a vast selection for potential buyers. In addition to auctions, the company offers antique appraisals and consultations for estates and collections, making it a comprehensive destination for those interested in the world of antiques.

With a keen focus on quality and variety, the company not only operates as an auction house but also serves as an art gallery and office furniture store. Engaging with their audience through platforms like Live Auctioneers, they provide opportunities to participate in live and online auctions, catering to a wide range of bidding preferences. The company encourages consignors to reach out for inquiries, ensuring that only the best items make it to the auction block. Through their interactive website, potential buyers and sellers can stay informed about upcoming auctions, view auction catalogs, and learn about shipping procedures. This commitment to customer engagement and satisfaction is what makes them a standout choice for our directory.

(312)2801212

2. Hindman Auctions

★ ★ ★ ★ ★ 3,9/5

1550 W Carroll Ave, 60607.0, Chicago

Auction house

Why we chose them

Hindman Auctions stands out as a premier auction house specializing in a diverse array of categories, from American historical ephemera and photography to impressionist art and luxury handbags. With an array of upcoming auctions, including notable sales in Cincinnati and Philadelphia, the company attracts collectors and sellers looking to engage with a broad spectrum of valuable and rare items. The auction house also offers complimentary valuations, inviting consignors to explore the potential of their collections with expert guidance from specialists.

Beyond its auction services, the company provides in-depth resources on buying and selling at auction, ensuring clients are well-informed throughout the process. Additionally, their publication, “The Eye,” offers insights into the art and auction world, engaging enthusiasts with curated content. With a commitment to excellence and a wide range of departments, Hindman Auctions is a key player in the auction industry, making it a valuable addition to our company directory.

(773)7361925

3. Rpn Sales & Auction House

★ ★ ★ ★ ★ 4,6/5

4451 N Milwaukee Ave, 60630.0, Chicago

Auction house

Why we chose them

RPN Sales & Auction House stands out as a vibrant destination for both new and used home furnishings, offering a unique blend of quality furniture, antiques, collectibles, and more. The ever-changing inventory ensures that each visit is a delightful surprise, making it a treasure trove for those who appreciate variety and value. With a dedicated team of enthusiastic staff, the store creates an engaging shopping experience that attracts a diverse clientele looking for everything from vintage finds to contemporary pieces.

Renowned for its dynamic auction services, RPN Sales & Auction House hosts monthly auctions that have become a highlight for bargain hunters and collectors alike. Held on the first Wednesday of each month, these auctions feature a wide assortment of items, making each event unique and full of potential discoveries. The inviting atmosphere, complete with low buyer fees and complimentary refreshments, adds to the appeal, drawing in a community of enthusiastic bidders eager to uncover hidden gems. This combination of retail and auction services makes the company a noteworthy addition to our directory.

(773)4721442

4. Potter & Potter Auctions

★ ★ ★ ★ ★ 4,6/5

5001 W Belmont Ave, 60641.0, Chicago

Auction house

Why we chose them

Potter & Potter Auctions stands out as a unique auction house renowned for its eclectic and fascinating collections. Voted the best auction house for the fascinating and rare by the Chicago Reader, it has been captivating audiences for nearly two decades. Specializing in a wide array of collectibles, the company offers items that span American history, illusions, and rare curiosities. Their events feature everything from vintage magic posters and gambling memorabilia to fine books and manuscripts, making each auction an exciting journey through time and imagination.

Their upcoming auctions showcase an impressive range of items, including the continuation of the Edwin A. Dawes collection, which features rare conjuring props and stone lithographs of early Harry Houdini performances. Additionally, their vintage poster sale will offer over 500 lots from renowned designers and artists. For those interested in fine literature, their sale of important books and manuscripts promises modern first editions and antiquarian treasures. This dedication to curating exceptional collections has solidified their reputation as a leader in the auction industry.

(312)9560901

5. Art Legacy Auction House

★ ★ ★ ★ ★ 3,3/5

740 N Franklin St, 60654.0, Chicago

Auction house
Art gallery

Why we chose them

ART LEGACY AUCTION HOUSE stands out as a premier destination for art enthusiasts, offering a unique blend of auction house and art gallery services. Specializing in fine art, the company brings exceptional pieces from around the globe to the market, catering to diverse tastes with Classic, Contemporary, and Modern art. With a commitment to authenticity and transparency, the auction house provides both live and online auctions, ensuring a seamless and engaging experience for bidders who seek quality art at accessible prices.

The company’s dedication to setting industry standards makes it a noteworthy addition to our directory. By consistently exceeding expectations, they have established themselves as a leader in the art auction realm. Their focus on providing an exceptional acquisition experience is evident in their curated selection and user-friendly platform, making them a trusted source for art collectors and enthusiasts alike. Whether you’re a seasoned collector or new to the art world, this auction house offers a compelling and reliable avenue to explore and acquire fine art.

(773)5484131

6. Loeb

★ ★ ★ ★ ★ 4,8/5

8609 W Bryn Mawr Ave Suite 208, 60631.0, Chicago

Auction house
Appraiser
Industrial equipment supplier
Equipment rental agency
Financial institution

Why we chose them

Loeb stands out as a versatile leader in the industrial equipment sector, offering a comprehensive suite of services that includes auction house operations, appraisals, and equipment rental. Established in 1880, the company has a rich heritage of over 140 years, proving its expertise in managing and monetizing machinery and equipment. With a focus on providing efficient solutions, Loeb facilitates seamless equipment sales and purchases across various industries, such as food, cosmetics, pharmaceuticals, and chemicals. Additionally, their user-friendly auction services, which include both online and webcast formats, make asset disposal straightforward and effective.

Beyond its auction and sales services, the company excels as a financial institution, offering asset-based loans ranging from $1 million to $20 million. Their equipment term loans are known for being a fast and flexible alternative to traditional financing. The firm is also recognized for its accurate and timely appraisals, certified to meet USPAP standards, ensuring clients receive reliable valuations. This multifaceted approach, combined with a commitment to customer service, positions Loeb as a trusted partner for businesses seeking to leverage their industrial assets effectively.

(312)2607200

7. Heritage Auctions

★ ★ ★ ★ ★ 4,0/5

222 W Hubbard St, 60654.0, Chicago

Auction house
Art dealer
Coin dealer
Jewelry buyer

Why we chose them

Heritage Auctions stands out as a premier auction house in Chicago, offering a comprehensive range of services as an art dealer, coin dealer, and jewelry buyer. With a strategic location in the bustling River North neighborhood, this company provides easy access to a wide array of auction categories, including Fine & Decorative Arts, Luxury Lifestyle, Memorabilia & Collectibles, Numismatics, and Historical Artifacts. Backed by a worldwide network of 125+ experts across 50+ categories, they deliver personalized service for valuations and consignments, ensuring a seamless experience for both buyers and sellers.

The Chicago office of this renowned auction house is led by seasoned professionals like Roberta Kramer and Rudy Aronoff, who bring decades of experience in the art and antiques world. Their team includes specialists in various fields, such as Roxana Uskali in numismatics and Jamie Henderson in fine jewelry, providing expert guidance and support. The company offers a range of resources, from free auction appraisals to expert witness services, making it a trusted choice for collectors and enthusiasts seeking to buy or sell their treasured items.

FAQs

What services do auction houses in Chicago typically offer?

Auction houses in Chicago provide a variety of services, including appraisal services, consignment options, bidding assistance, cataloging, and specialized auctions tailored to specific interests such as art, antiques, or jewelry.

How much do appraisal services cost at auction houses in Chicago?

Appraisal services in Chicago can range from €50 to €200 per item, depending on the complexity and type of the item being appraised.

What is the usual fee structure for selling items through an auction house in Chicago?

Auction houses typically charge a seller's commission, which can range from 10% to 25% of the final sale price. Additionally, there may be a buyer's premium of 15% to 25% added to the hammer price.

How do I choose a good auction house in Chicago?

When choosing an auction house, consider its reputation, fee structure, expertise in your area of interest, and location. Research client reviews and the auction house's history to ensure a reliable experience.

What should I consider before consigning items to an auction house?

Before consigning items, understand the auction house's terms, the commission rates, the marketing efforts they will undertake, and the timeline for the auction process.

How long does the auction process usually take?

The auction process can vary, but generally, from consignment to auction day, it can take anywhere from a few weeks to a few months, depending on the auction schedule and item type.

What types of auctions are commonly held in Chicago?

Chicago auction houses commonly hold auctions for fine art, antiques, jewelry, vintage collectibles, and sometimes specialized items like vintage automobiles or rare books.

Can I participate in auctions online, or do I need to be present in person?

Many auction houses in Chicago offer the option to participate in auctions online, allowing you to bid remotely. It's best to check with the specific auction house for their available bidding options.