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REAL ESTATE ONLINE AUCTION
Previous Page Listing ID#: 1561103
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Auction Location |
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Decatur, IL 62521 |
Auction Dates and Times |
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Bidding Starts: Thursday Oct 19, 4:00 PM Bidding Ends: Thursday Nov 16, 4:00 PM |
Auction Type |
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Company Information |
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Mike Hall Auction Co. Website: www.mikehallauction.com GoToAuction.com ID#: 11281 View company information and listings |
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Listing Terms and Conditions |
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See Terms on Sale Description
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Listing Information |
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REAL ESTATE ONLINE AUCTION 5.67 Acres/Commercial Building Bidding Opens October 19 (Thurs.) 4 PM Bidding Soft Closes November 16 (Thurs.) 4 PM PREVIEW – By Appt. Only – Call 217-413-7847 321 E. Leafland Ave., Decatur, IL 62521 PRIME DEVELOPMENT OPPORTUNITY JUST NORTH OF DOWNTOWN DECATUR, IL! Approx. 5.67 acre campus utilized as a church. The property includes road frontage on N. Water Street! Additional parcel across from the church sells with the property, and is paved as a parking lot located between Leafland Ave. & Grand Ave. The building itself is a masonry structure, with a capacity of 1100 people. Foyer, Sanctuary, Classrooms, Admin. Offices, Fellowship Hall, Kitchen, Nurseries, Washrooms on all levels. Any contents left on property at time of closing stays with the property. Zoning – R6 (Multiple Dwelling Dist.) Opportunity Zone. Parcel #04-12-11-302-030. DETAILS/PHOTOS/TO BID – Go to mikehallauction.com TERMS: Buyer & Seller to Enter Into Binding Written Real Estate Purchase Agreement; 5% Buyer’s Premium Will Be Added to Purchase Price to Establish Contract Bid; 10% of Total Purchase Price Down with Balance Due Within 30 Days at Closing; Earnest Money is Non-Refundable if Buyer Defaults; Property Sells in AS-IS Condition with No Guarantees of Any Kind; Taxes Prorated to Closing; Possession at Closing; All Financial Arrangements/Inspections Must Be Done Prior to Nov. 16, 2023 Auction End Date (Not After Property is Sold); Seller Highly Motivated to Sell, But Reserves the Right to Reject Any or All Bids; Auction Co. Acts as Agent for Seller Only & Assumes No Liability of Any Kind; All Advertising/Descriptions Believed to be Correct, But Subject to Bidder Verification. Auctioneer Will Contact Winning Bidder at Close of Auction on Nov. 16, 2023 to make arrangements for Buyer to Sign Contract & Pay 10% Downpayment at 1:00 PM on Nov. 17, 2023 at Mike Hall Auction Center, 2102 NW State Hwy. Rte. 121, Decatur, IL 62526. MIKE HALL AUCTION CO. Decatur, IL 217-413-7847 217-972-9986
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Auction License: 440000134 |
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