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1300 N IL route 251 Lostant
Previous Page Listing ID#: 1570733
Previous Page Listing ID#: 1570733
| Auction Location |
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lostant, IL 61334 |
| Auction Dates and Times |
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Wednesday Nov 15, 2023 Completed Friday Dec 22, 2023 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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PROCHNOW AUCTIONS GoToAuction.com ID#: 2569 View company information and listings |
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| Listing Terms and Conditions |
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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 , a 3% buyer’s premium will be added to the purchase price. 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
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| Listing Information |
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Residential and Commercial Restaurant property being sold as ONE! This is located at 1300 N IL route 251 Hwy, exit 54 off of I 39 - Lostant, IL. This location offers both residential and commercial property and is annexed into the village of Lostant, lot size is appx. 3.5 acres, shared well and septic, property being sold ''AS IS '' **** Commercial building is appx. 5640sf. been an successful supper club in the past. The restaurant closed to due retirement, remaining equipment stays, 3 walk-in coolers /freezer, fryers, grill, sinks, security system, handicap restrooms, large parking area, clean basement storage, seating for 300 plus, nice bar area, coolers, too much to list! All mechanicals are in good conditions, marquee pole sign along highway, extra storage container on property. **** Residential Brick home, is appx. 2997sf. has a open floor plan, with a sunken living room, kitchen, home has a newer Generac generator, fire place, 2 bedrooms, 2 baths, 2 car attached heated garage, **Bonus suite is connected to home with an open floor plan offers spacious common area,1 bedroom, gallery kitchen, 1 bathroom, with laundry, basement as 2 additional rooms with a spacious area, property is landscaped and mature trees, newer furnace/hot water heater. **** Extra 3 car detached insulated garage. This online auction will end12/22/23 for TERMS and CONDITIONS, go to Prochnowauctions.hibid.com |
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