Commercial Real Estate Auction - Online Only

Cory Craig, Auctioneer

 

Date(s) 2/19/2018 - 3/19/2018

BIDDING STARTS: Monday, February, 2018 19, 2018 @ 6:00 pm BIDDING ENDS: Monday, March 19, 2018 @ 6:00 pm

Past Auction
Online-Only Auction
Bidding Notice:

TERMS & CONDITIONS: 10% down at close of auction. Balance due and possession at closing on or before Thursday, April 19,2018. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title, Springfield,IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to ... Show More

Auction Notice:

TERMS & CONDITIONS: 10% down at close of auction. Balance due and possession at closing on or before Thursday, April 19,2018. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title, Springfield,IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to ... Show More

Auction Information
Name Commercial Real Estate Auction - Online Only
Auctioneer
Type Online-Only Auction
Date(s) 2/19/2018 - 3/19/2018
Auction Date/Time Info
BIDDING STARTS: Monday, February, 2018 19, 2018 @ 6:00 pm BIDDING ENDS: Monday, March 19, 2018 @ 6:00 pm
Preview Date/Time **Open Houses: Monday, March 5, 2018 4:30 pm to 6:00 pm Sunday, March 11, 2018 1-3pm**
Location
Buyer Premium 5% Buyer's Premium
Description
AUCTION “ONLINE BIDDING ONLY” Commercial Real Estate (Former Memorial Clinic) 2601 S. Sixth St. Springfield, IL (Corner of Bryn Mawr Blvd. and South Sixth St.) BIDDING STARTS: Monday, Feb. 19, 2018 @ 6:00 pm BIDDING ENDS: Monday, March 19, 2018 @ 6:00 pm **Open Houses: Monday, March 5 4:30 pm to 6:00 pm Sunday, March 11 1-3pm** •Approximately 15,000 sq. ft. Brick/Block Building •Situated on 1.14 acres • “HIGH TRAFFIC COUNT” GREAT INVESTMENT PROPERTY WITH MANY DIFFERENT TYPES OF USES! •ZONING:B-1 •Approx. 30 office/exam rooms •Approx. 10 Restrooms •Large waiting room/reception area •Partial Basement •70 Parking Spaces, including 7 handicap spaces •(2) upstairs apartments (1 & 2 BR) •Building has natural gas heat and central air conditioning •Pella Windows •Wall mount drinking water fountains •Quality interior doors TAXES: $14,845.54 PIN’S: 22100151018 22100151024 LEGAL DESCRIPTION: Lots 1,2,3,9,10,11,12 & 13 in Blk 39 of Payne’s south side add. City of Springfield, Sangamon County, IL. TERMS & CONDITIONS: 10% down at close of auction. Balance due and possession at closing on or before Thursday, April 19,2018. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title, Springfield,IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. A five (5) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE: Very high traffic count! Good Location! Here is a building that has many different business type uses. Great investment property! Don’t miss out! www.corycraig.com to view catalogue and photos
TERMS & CONDITIONS: 10% down at close of auction. Balance due and possession at closing on or before Thursday, April 19,2018. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title, Springfield,IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. A five (5) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE: Very high traffic count! Good Location! Here is a building that has many different business type uses. Great investment property! Don’t miss out!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 5% Buyer's Premium
Payment Terms
TERMS & CONDITIONS: 10% down at close of auction. Balance due and possession at closing on or before Thursday, April 19,2018. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title, Springfield,IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. A five (5) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE: Very high traffic count! Good Location! Here is a building that has many different business type uses. Great investment property! Don’t miss out!
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.