SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 28, 1995
Brauvin Real Estate Fund II
(Exact name of registrant as specified in its charter)
Illinois 2-76683 36-3191827
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
organization) Number)
150 South Wacker Drive, Suite 3200, Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including are code (312) 443-0922
Not Applicable
(Former name or former address, if changed since last report)
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Item 2. Acquisition or Disposition of Assets
On November 28, 1995, the Partnership sold the 823 Commerce Drive
Office Complex to Great Lakes REIT, Inc., a Maryland Corporation, an
unaffiliated third party, for approximately $1,725,000. The sales price
was determined through arms-length negotiations taking into account the
size, location and occupancy of the property and general office market
conditions in the property's location. Following payment of the senior
debt on the property and expenses related to the sale, the net sales
proceeds to the Partnership were approximately $47,000.
Item 5. Other Events
The sale of the Partnership's remaining fixed asset as described in
Item 2 above acts to terminate the Partnership in accordance with Section
F of the Partnership's Articles of Limited Partnership. Accordingly, the
Partnership anticipates filing a Certificate of Termination with the
Illinois Secretary of State before December 31, 1995. The Partnership's
liabilities exceed its remaining assets and, therefore, there will be no
funds remaining for distribution to the Partnership's general or limited
partners. The Partnership will make all required regulatory filings and
issue final Forms K-1 to its partners in connection with the termination of
its operations.<PAGE>
Item 7. Financial Statements and Exhibits
(b) Pro Forma Financial Statements.
The pro forma information for the sale of the 823 Commerce Drive
Office Complex is not applicable for the year ended December 31, 1994 and
the nine months ended September 30, 1995, corresponding to the periods of
the Partnership's annual and quarterly financial statements most recently
filed with the Securities and Exchange Commission, due the Partnership's
filing under the liquidation basis method of accounting.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
BY: Brauvin Realty Partners, Inc.
Corporate General Partner of
Brauvin Real Estate Fund II
BY: /s/ Jerome J. Brault
Jerome J. Brault
President and
Chief Executive Officer
DATE: December 12, 1995
