| Name | Multi-Use Commercial Building |
|---|---|
| Auctioneer | Langham Auctioneers |
| Type | Online-Only Auction |
| Date(s) | 6/14/2019 - 7/11/2019 |
| THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. BIDDING ENDS THURSDAY, JULY 11, 2019 AT 6 PM (CST). If you prefer to turn in an absentee bid in person, please call 618-664-9271 or 618-410-6286 to make arrangements. | |
| Preview Date/Time | Inspection Dates: Sunday, June 30th from 2-4 PM (cst) and Tuesday, July 2nd from 6-8 PM (cst) or call Hal 618-410-6286 to schedule an appointment. Address: 707 Illinois Route 127, Greenville, IL 62246 |
| Checkout Date/Time | Friday, July 12, 2019. DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $10,000 for Real Estate purchased to the property location (707 Illinois Route 127, Greenville, IL 62246) and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, July 12, 2019). Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers). |
| Location | 707 Illinois Route 127 Greenville, IL 62246 |
| Buyer Premium | 4% Buyers Premium |
| Description |
Sells With No Reserve. Investment Opportunity
2,350 Sq. Ft. Commercial Building on One Acre Corner Lot: 707 Illinois Route 127, Greenville, IL 62246
The bldg. has 7 individual rooms plus a large room at the main entrance, consisting of approximately 550 sq. ft. which could be used as a show room. The bldg. has 2 restrooms, one of which has a shower stall. There is a kitchen or break area also included in this bldg. as well as 2 storage closets and 2 closets that house the furnaces and water heaters. Separate heating and cooling systems as well as rest rooms service the north and south parts of the bldg. The building is built on a slab.
There are 3 entrances to the bldg. which would allow for 1, 2, or 3 separate businesses to utilize the bldg., kitchen/break room, and restroom facilities. The bldg. has an alarm system which can accommodate any of the above configurations. Motion detectors on doors and windows.
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Auction Terms & Conditions Bidder registration required. Complete settlement date of auction. Everything sold AS-IS, Where-Is, with no warranty or guarantee expressed or implied. Announcements made date of auction take precedence over all previous advertisements.
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 10,000.00 | 25.00 USD |
| 10,000.01 - 50,000.00 | 50.00 USD |
| 50,000.01 - 9,999,999.99 | 100.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | 4% Buyers Premium |
| Payment Terms |
DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $10,000 for Real Estate purchased to the property location (707 Illinois Route 127, Greenville, IL 62246) and execute a purchase agreement the next business day following the conclusion of the auction. (Friday, July 12, 2019). Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers).
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REAL ESTATE POSSESSION & CLOSING: The closing will occur on or before Friday, August 23, 2019 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246. The Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the Title Company. REAL ESTATE TAXES: 2019 Real Estate taxes shall be prorated to the date of possession.