Lot # : 1 - 1365 Stanford Dr Kankakee, IL

Online Only Auction
1365 Stanford Dr Kankakee, IL
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Price Realized:
166,000.00 USD
Local Pickup Only
Reserve Met
Kankakee, IL 60901
Date(s)
10/1/2025 - 11/19/2025
Auctioneer Information
Catalog

Bidding Notice:

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Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 1365 Stanford Dr Kankakee, IL
Description
Online Auction – November 19th 1365 Stanford Drive, Kankakee, IL This industrial property is located in the Northland Estates Industrial Park in Kankakee, IL. The offering consists of three parcels totaling 46,334 sq. ft. with a light industrial building of 4,622 sq. ft. Property Details: Address: 1365 Stanford Drive, Kankakee, IL Building Size: 4,622 sq. ft. (Light Industrial) Lot Size: 46,334 sq. ft. (Three Parcels) Location: Industrial Park – Northland Estates, City of Kankakee, IL Legal Description: Lot 4 and Lot 5 of Northland Estates PINs: 17-09-28-401-004 17-09-28-401-016 17-09-28-401-017 Auction Terms & Conditions: Visit ProchnowAuctions.Hibid.com for full details. Additional Auction Note: An Auction of Equipment, Tools, Vehicles, and Inventory from this property will be listed and conducted by Legacy Auctions & Bolin Auctions on November 15th.
Name 1365 Stanford Dr Kankakee, IL 60901
Auctioneer
Prochnow Auctions
Type Online Only Auction
Date(s) 10/1/2025 - 11/19/2025
Auction Date/Time Info
October 1st - November 19th at 6:30pm
Checkout Date/Time November 19th at 6:30pm
Location
1365 Stanford Dr.
Kankakee, IL 60901
Description
Online Auction – November 19th 1365 Stanford Drive, Kankakee, IL This industrial property is located in the Northland Estates Industrial Park in Kankakee, IL. The offering consists of three parcels totaling 46,334 sq. ft. with a light industrial building of 4,622 sq. ft. Property Details: Address: 1365 Stanford Drive, Kankakee, IL Building Size: 4,622 sq. ft. (Light Industrial) Lot Size: 46,334 sq. ft. (Three Parcels) Location: Industrial Park – Northland Estates, City of Kankakee, IL Legal Description: Lot 4 and Lot 5 of Northland Estates PINs: 17-09-28-401-004 17-09-28-401-016 17-09-28-401-017 Auction Terms & Conditions: Visit ProchnowAuctions.Hibid.com for full details. Additional Auction Note: An Auction of Equipment, Tools, Vehicles, and Inventory from this property will be listed and conducted by Legacy Auctions & Bolin Auctions on November 15th.
Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Payment Terms
The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.
After - November 19th at 6:30PM