THIS IS A COMPLETED SALE
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218 Tyler Creek Street, Gilberts, IL 60136
Previous Page Listing ID#: 1321670

Auction Location
Gilberts, IL 60136

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Tuesday Aug 10, 10:30 PM Bidding Ends: Tuesday Sep 14, 07:07 PM

Auction Type
Online Auction

Company Information
Beloit Auction & Realty Contact: Rich Ranft Phone: 877-364-1965 Email: rich@beloitauction.com Website: www.beloitauction.com GoToAuction.com ID#: 1078 View company information and listings

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Listing Terms and Conditions
ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding. Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction). Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final. This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company. Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information. Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction. Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction. If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions. If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

Listing Terms and Conditions

ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION

This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction).
Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company.
Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

Listing Information
ONLINE REAL ESTATE AUCTION 218 Tyler Creek Street, Gilberts, IL 60136 PREVIEWS (OPEN HOUSES): Sunday, August 29, 2021 from 1:00 PM – 2:00 PM Saturday, September 11, 2021 from 1:00 PM – 2:00 PM AUCTION END DATE: Tuesday, September 14, 2021 (the auction starts to close at 7:07 PM) 3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11 FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg PROPERTY HIGHLIGHTS: Raised ranch 4 bedroom / 2 bath Master bedroom with master bath Master bath New floor in master bath Skylight Whirlpool tub Lots of outlets Kitchen Large pantry Extra large refrigerator Convection oven Bosch stainless dishwasher Solid core doors throughout the house Home has heat mirror windows (this insulation keeps cold air outside, heat inside, and prevents the fading of carpets and furniture) Finished lower level family room and bedroom Stubbed for 3rd bathroom in lower level Square footage - 2,700 sq. ft. Central air conditioning (approximately 3 years old) Heating: forced air natural gas furnace (approximately 3 years old) Roof (approximately 7 years old) Newer appliances Fireplace Two 40 gallon water heaters Dual sump pumps Attached heated 2.5 car garage (measures 24 ft. across x 28 ft. deep) Newer two lane concrete driveway with additional parking pad Exterior power outlets and water faucets Deck Tastefully landscaped yard with mature trees Amazing backyard view with green space behind the property Storage shed Outdoor fire pit Well and septic Lot size is 0.75 acres Year Built - 1978 Addition and rehab completed in 1996 Zoning - Residential Parcel number in Kane County, Illinois - 02-23-251-005 2020 Taxes - $5,742 Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) $279,000 minimum opening bid Brokers/Agents see https://www.beloitauction.com/learn/brokers-agents/ BELOIT AUCTION & REALTY, INC. 608.364.1965 Richard Ranft, CAI, AARE, AMM, GPPA Mobile: (608) 751-2184 Registered Wisconsin Auctioneer #237 - IL #441.001071 WI Real Estate License #51214-090 - IL #478.00010 David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA Mobile: (608) 333-4586 Registered Wisconsin Auctioneer #2580 - IL #441.00296 WI Real Estate License #55947-090 - IL #471.020014 1 218 Tyler Creek Street, Gilberts, IL. Additional Photos, Videos, and More to Come! ONLINE REAL ESTATE AUCTION 218 Tyler Creek Street, Gilberts, IL 60136 PREVIEWS (OPEN HOUSES): Sunday, August 29, 2021 from 1:00 PM – 2:00 PM Saturday, September 11, 2021 from 1:00 PM – 2:00 PM AUCTION END DATE: Tuesday, September 14, 2021 (the auction starts to close at 7:07 PM) 3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11 FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg PROPERTY HIGHLIGHTS: Raised ranch 4 bedroom / 2 bath Master bedroom with master bath Master bath New floor in master bath Skylight Whirlpool tub Lots of outlets Kitchen Large pantry Extra large refrigerator Convection oven Bosch stainless dishwasher Solid core doors throughout the house Home has heat mirror windows (this insulation keeps cold air outside, heat inside, and prevents the fading of carpets and furniture) Finished lower level family room and bedroom Stubbed for 3rd bathroom in lower level Square footage - 2,700 sq. ft. Central air conditioning (approximately 3 years old) Heating: forced air natural gas furnace (approximately 3 years old) Roof (approximately 7 years old) Newer appliances Fireplace Two 40 gallon water heaters Dual sump pumps Attached heated 2.5 car garage (measures 24 ft. across x 28 ft. deep) Newer two lane concrete driveway with additional parking pad Exterior power outlets and water faucets Deck Tastefully landscaped yard with mature trees Amazing backyard view with green space behind the property Storage shed Outdoor fire pit Well and septic Lot size is 0.75 acres Year Built - 1978 Addition and rehab completed in 1996 Zoning - Residential Parcel number in Kane County, Illinois - 02-23-251-005 2020 Taxes - $5,742 Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) $279,000 minimum opening bid Brokers/Agents see https://www.beloitauction.com/learn/brokers-agents/ BELOIT AUCTION & REALTY, INC. 608.364.1965 Richard Ranft, CAI, AARE, AMM, GPPA Mobile: (608) 751-2184 Registered Wisconsin Auctioneer #237 - IL #441.001071 WI Real Estate License #51214-090 - IL #478.00010 David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA Mobile: (608) 333-4586 Registered Wisconsin Auctioneer #2580 - IL #441.00296 WI Real Estate License #55947-090 - IL #471.020014 ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding. Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction). Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final. This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company. Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information. Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction. Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction. If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions. If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

Listing Information

ONLINE REAL ESTATE AUCTION
218 Tyler Creek Street, Gilberts, IL 60136

PREVIEWS (OPEN HOUSES):
Sunday, August 29, 2021 from 1:00 PM – 2:00 PM
Saturday, September 11, 2021 from 1:00 PM – 2:00 PM

AUCTION END DATE:
Tuesday, September 14, 2021
(the auction starts to close at 7:07 PM)

3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11

FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents

AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg

PROPERTY HIGHLIGHTS:
*Raised ranch
*4 bedroom / 2 bath
*Master bedroom with master bath
*Master bath

*New floor in master bath
*Skylight
*Whirlpool tub
*Lots of outlets

*Kitchen

*Large pantry
*Extra large refrigerator
*Convection oven
*Bosch stainless dishwasher

*Solid core doors throughout the house
*Home has heat mirror windows (this insulation keeps cold air outside, heat inside, and prevents the fading of carpets and furniture)
*Finished lower level family room and bedroom
*Stubbed for 3rd bathroom in lower level
*Square footage - 2,700 sq. ft.
*Central air conditioning (approximately 3 years old)
*Heating: forced air natural gas furnace (approximately 3 years old)
*Roof (approximately 7 years old)
*Newer appliances
*Fireplace
*Two 40 gallon water heaters
*Dual sump pumps
*Attached heated 2.5 car garage (measures 24 ft. across x 28 ft. deep)
*Newer two lane concrete driveway with additional parking pad
*Exterior power outlets and water faucets
*Deck
*Tastefully landscaped yard with mature trees
*Amazing backyard view with green space behind the property
*Storage shed
*Outdoor fire pit
*Well and septic
*Lot size is 0.75 acres
*Year Built - 1978
*Addition and rehab completed in 1996
*Zoning - Residential
*Parcel number in Kane County, Illinois - 02-23-251-005
*2020 Taxes - $5,742
*Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date)
*$279,000 minimum opening bid

Brokers/Agents see https://www.beloitauction.com/learn/brokers-agents/

BELOIT AUCTION & REALTY, INC.
608.364.1965

Richard Ranft, CAI, AARE, AMM, GPPA
Mobile: (608) 751-2184
Registered Wisconsin Auctioneer #237 - IL #441.001071
WI Real Estate License #51214-090 - IL #478.00010

David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA
Mobile: (608) 333-4586
Registered Wisconsin Auctioneer #2580 - IL #441.00296
WI Real Estate License #55947-090 - IL #471.020014

218 Tyler Creek Street, Gilberts, IL. Additional Photos, Videos, and More to Come!
ONLINE REAL ESTATE AUCTION
218 Tyler Creek Street, Gilberts, IL 60136

PREVIEWS (OPEN HOUSES):
Sunday, August 29, 2021 from 1:00 PM – 2:00 PM
Saturday, September 11, 2021 from 1:00 PM – 2:00 PM

AUCTION END DATE:
Tuesday, September 14, 2021
(the auction starts to close at 7:07 PM)

3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11

FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents

AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg

PROPERTY HIGHLIGHTS:
*Raised ranch
*4 bedroom / 2 bath
*Master bedroom with master bath
*Master bath

*New floor in master bath
*Skylight
*Whirlpool tub
*Lots of outlets

*Kitchen

*Large pantry
*Extra large refrigerator
*Convection oven
*Bosch stainless dishwasher

This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction).
Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company.
Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

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218 Tyler Creek Street, Gilberts, IL 60136

Beloit Auction & Realty

Contact: Rich Ranft
Phone: 877-364-1965

218 Tyler Creek Street
Gilberts, IL 60136

ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION

This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction).
Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company.
Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

Listing Details
ONLINE REAL ESTATE AUCTION 218 Tyler Creek Street, Gilberts, IL 60136 PREVIEWS (OPEN HOUSES): Sunday, August 29, 2021 from 1:00 PM – 2:00 PM Saturday, September 11, 2021 from 1:00 PM – 2:00 PM AUCTION END DATE: Tuesday, September 14, 2021 (the auction starts to close at 7:07 PM) 3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11 FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg PROPERTY HIGHLIGHTS: Raised ranch 4 bedroom / 2 bath Master bedroom with master bath Master bath New floor in master bath Skylight Whirlpool tub Lots of outlets Kitchen Large pantry Extra large refrigerator Convection oven Bosch stainless dishwasher Solid core doors throughout the house Home has heat mirror windows (this insulation keeps cold air outside, heat inside, and prevents the fading of carpets and furniture) Finished lower level family room and bedroom Stubbed for 3rd bathroom in lower level Square footage - 2,700 sq. ft. Central air conditioning (approximately 3 years old) Heating: forced air natural gas furnace (approximately 3 years old) Roof (approximately 7 years old) Newer appliances Fireplace Two 40 gallon water heaters Dual sump pumps Attached heated 2.5 car garage (measures 24 ft. across x 28 ft. deep) Newer two lane concrete driveway with additional parking pad Exterior power outlets and water faucets Deck Tastefully landscaped yard with mature trees Amazing backyard view with green space behind the property Storage shed Outdoor fire pit Well and septic Lot size is 0.75 acres Year Built - 1978 Addition and rehab completed in 1996 Zoning - Residential Parcel number in Kane County, Illinois - 02-23-251-005 2020 Taxes - $5,742 Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) $279,000 minimum opening bid Brokers/Agents see https://www.beloitauction.com/learn/brokers-agents/ BELOIT AUCTION & REALTY, INC. 608.364.1965 Richard Ranft, CAI, AARE, AMM, GPPA Mobile: (608) 751-2184 Registered Wisconsin Auctioneer #237 - IL #441.001071 WI Real Estate License #51214-090 - IL #478.00010 David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA Mobile: (608) 333-4586 Registered Wisconsin Auctioneer #2580 - IL #441.00296 WI Real Estate License #55947-090 - IL #471.020014 1 218 Tyler Creek Street, Gilberts, IL. Additional Photos, Videos, and More to Come! ONLINE REAL ESTATE AUCTION 218 Tyler Creek Street, Gilberts, IL 60136 PREVIEWS (OPEN HOUSES): Sunday, August 29, 2021 from 1:00 PM – 2:00 PM Saturday, September 11, 2021 from 1:00 PM – 2:00 PM AUCTION END DATE: Tuesday, September 14, 2021 (the auction starts to close at 7:07 PM) 3D VIRTUAL TOUR: https://my.matterport.com/show/?m=mson8BnQV11 FLOOR PLANS WITH ROOM MEASUREMENTS: View Photos or see Floor Plan PDF in Documents AERIAL DRONE FOOTAGE: https://youtu.be/HlvCm6JDTVg PROPERTY HIGHLIGHTS: Raised ranch 4 bedroom / 2 bath Master bedroom with master bath Master bath New floor in master bath Skylight Whirlpool tub Lots of outlets Kitchen Large pantry Extra large refrigerator Convection oven Bosch stainless dishwasher Solid core doors throughout the house Home has heat mirror windows (this insulation keeps cold air outside, heat inside, and prevents the fading of carpets and furniture) Finished lower level family room and bedroom Stubbed for 3rd bathroom in lower level Square footage - 2,700 sq. ft. Central air conditioning (approximately 3 years old) Heating: forced air natural gas furnace (approximately 3 years old) Roof (approximately 7 years old) Newer appliances Fireplace Two 40 gallon water heaters Dual sump pumps Attached heated 2.5 car garage (measures 24 ft. across x 28 ft. deep) Newer two lane concrete driveway with additional parking pad Exterior power outlets and water faucets Deck Tastefully landscaped yard with mature trees Amazing backyard view with green space behind the property Storage shed Outdoor fire pit Well and septic Lot size is 0.75 acres Year Built - 1978 Addition and rehab completed in 1996 Zoning - Residential Parcel number in Kane County, Illinois - 02-23-251-005 2020 Taxes - $5,742 Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) $279,000 minimum opening bid Brokers/Agents see https://www.beloitauction.com/learn/brokers-agents/ BELOIT AUCTION & REALTY, INC. 608.364.1965 Richard Ranft, CAI, AARE, AMM, GPPA Mobile: (608) 751-2184 Registered Wisconsin Auctioneer #237 - IL #441.001071 WI Real Estate License #51214-090 - IL #478.00010 David Allen, CAI, AARE, AMM, BAS, CAS, CES, GPPA Mobile: (608) 333-4586 Registered Wisconsin Auctioneer #2580 - IL #441.00296 WI Real Estate License #55947-090 - IL #471.020014 ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding. Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction). Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final. This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company. Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information. Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction. Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction. If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions. If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

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218 Tyler Creek Street, Gilberts, IL 60136

Online Only Auction

View Gallery (48)

Auction Date(s)

Bidding Starts: Tuesday Aug 10 , 10:30 PM
Bidding Ends: Tuesday Sep 14 , 07:07 PM

Auction Location

Gilberts, IL 60136

View Map

Company

Beloit Auction & Realty

Contact: Rich Ranft
Phone: 877-364-1965
Website: www.beloitauction.com

Listing Terms and Conditions

ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION

This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction).
Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company.
Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

*New floor in master bath
*Skylight
*Whirlpool tub
*Lots of outlets

*Kitchen

*Large pantry
*Extra large refrigerator
*Convection oven
*Bosch stainless dishwasher

*New floor in master bath
*Skylight
*Whirlpool tub
*Lots of outlets

*Kitchen

*Large pantry
*Extra large refrigerator
*Convection oven
*Bosch stainless dishwasher

This is an ONLINE public real estate auction…it is NOT a foreclosure auction. Title to the property is guaranteed to be free and clear from all liens and encumbrances with all property taxes paid up until closing. Bidder agrees to all terms and conditions of the auction set forth prior to bidding on the auction. These terms and conditions are made part of the offer to purchase. All bidders are required to register online prior to the beginning of the online auction if they intend to bid. Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection, appraisal, zoning, or other contingencies to sale. No warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Potential buyers can arrange for their own property inspection by a licensed inspector prior to the auction date at their expense (this must be completed 72 hours before the start of the auction).
Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Auctioneer cannot, and will not be, held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in their sole discretion, may void any sale, temporarily suspend bidding and re-sell any lot/property that was affected by any malfunction. All decisions of the Auction Company/Auctioneer are final.
This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $279,000.00. The successful bidder must make a $10,000.00 down payment of earnest money (non-refundable) by 2:00 p.m. on Wednesday, September 15, 2021. Payment may be made with cash or certified funds. Successful bidder will be required to sign a standard offer to purchase agreement. Earnest money deposit is non-refundable if the offer is accepted by the seller and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Friday, October 15, 2021 (certified funds or lender financing). An additional two-week extension to this closing deadline can be made with an additional payment of $5,000.00 earnest money (non-refundable). Closing will be conducted at a local title company.
Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
Seller to provide title insurance and pay all taxes to date of closing. Buyer acknowledges that buyer is responsible for all other closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to the balance of the sale, attorney fees, deed preparation, deed recording, survey (if required), mortgage fees, or any other fees or expenses required on their side to close the transaction.
Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
Buyer Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
If a bidder chooses to use a real estate broker/agent, a cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if they attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act. Any dispute between the Auction Company/Auctioneer and bidders or buyers will be dealt with through arbitration in Rock County, WI.

218 Tyler Creek Street, Gilberts, IL 60136Previous Page Listing ID#: 1321670

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218 Tyler Creek Street, Gilberts, IL 60136
Previous Page Listing ID#: 1321670