Name Commercial Real Estate Auction
Auctioneer Cory Craig, Auctioneer
Type Online-Only Auction
Date(s) 1/12/2023 - 2/13/2023
STARTS: Thurs. Jan. 12 @ 6:00 P.M. ENDS: Mon. Feb. 13 @ 6:00 P.M. (soft close) OPEN HOUSE: Wed. Feb. 8 from 11:30 A.M. to 1:00 P.M.
Preview Date/Time STARTS: Thurs. Jan. 12 @ 6:00 P.M. ENDS: Mon. Feb. 13 @ 6:00 P.M. (soft close) OPEN HOUSE: Wed. Feb. 8 from 11:30 A.M. to 1:00 P.M.
Checkout Date/Time STARTS: Thurs. Jan. 12 @ 6:00 P.M. ENDS: Mon. Feb. 13 @ 6:00 P.M. (soft close) OPEN HOUSE: Wed. Feb. 8 from 11:30 A.M. to 1:00 P.M.
Location 807 W. Main St.
South Pekin, IL
Buyer Premium 4% Buyer's Premium
Description
Commercial Real Estate Auction 807 W. Main St.South Pekin, IL *JUST OFF ROUTE 29*CLOSE BY: Casey’s, Dollar General & Pekin Airport STARTS: Thurs. Jan. 12 @ 6:00 P.M. ENDS: Mon. Feb. 13 @ 6:00 P.M. (soft close) OPEN HOUSE: Wed. Feb. 8 from 11:30 A.M. to 1:00 P.M. Formerly Current Subway Location •Built in 2014 •1,500 sq ft •Comes w/ walk-in freezer & cooler, hood ansul system, all kitchen buildout completed •(2) Restrooms •Drive-thru ready •Concrete parking lot *ALL SITUATED ON 0.5 ACRES* TERMS: 10% down at close of auction. Balance due and possession at closing on or before Mon. March 13, 2023. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title of Lincoln, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. 2022 Real Estate Taxes will be credited to buyer and 2023 will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Four (4) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE :Here is a nice building that can be used for many different types of businesses. Move in condition! Easy access right off State Route 29. Register to bid, view catalogue & terms @ corycraig.Hibid.com
Auction Terms & Conditions DEBT COLLECTION and INTEREST CHARGES The bidder agrees to pay all reasonable attorney fees and other costs incurred by Cory Craig, Auctioneer, in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due Cory Craig, Auctioneer. Any debt collection or dispute proceedings will be heard in Christian County, Illinois TERMS:10% down at close of auction. Balance due and possession at closing on or before Mon. March 13, 2023. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title of Lincoln, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. 2022 Real Estate Taxes will be credited to buyer and 2023 will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Four (4) percent buyers premium will apply to the high bid to establish a contract bid .AUCTIONEER’S NOTE:Here is a nice building that can be used for many different types of businesses. Move in condition!Easy access right off State Route 29. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
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 4% Buyer's Premium
Payment Terms
TERMS:10% down at close of auction. Balance due and possession at closing on or before Mon. March 13, 2023. Buyer will be required to enter into a written contract at the close of the auction. Prairie Land Title of Lincoln, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. 2022 Real Estate Taxes will be credited to buyer and 2023 will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Four (4) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE:Here is a nice building that can be used for many different types of businesses. Move in condition!Easy access right off State Route 29.