ONLINE FORMER WELDING SHOP BUILDING AUCTION
Online Only Auction
ONLINE FORMER WELDING SHOP BUILDING AUCTION

auctions by schackmann

211 W JEFFERSON AVE
ALTAMONT, IL 62401
 

Date(s) 5/15/2022 - 6/23/2022

ONLINE ONLY ENDING THURSDAY JUNE 23RD STARTING @ 7 PM WITH SOFT CLOSE AND EXTENDA BID

Past Auction
Online-Only Auction
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Catalog
View Catalog (1 Lots)
Bidding Notice:

ONLINE ONLY ENDING THURSDAY JUNE 23RD STARTING @ 7 PM WITH SOFT CLOSE AND EXTENDA BID

Auction Notice:

HIGH BIDDER IF RESERVE IS MET WILL BE REQUIRED TO SIGN A CONTRACT5 ON FRIDAY JUNE 24TH AND PUT 10% DOWN PAYMENT WITH BALANCE DUE AT CLOSING.

Auction Information
Name ONLINE FORMER WELDING SHOP BUILDING AUCTION
Auctioneer
auctions by schackmann
Type Online-Only Auction
Date(s) 5/15/2022 - 6/23/2022
Auction Date/Time Info
ONLINE ONLY ENDING THURSDAY JUNE 23RD STARTING @ 7 PM WITH SOFT CLOSE AND EXTENDA BID
Preview Date/Time CALL US AT 217-342-4500
Checkout Date/Time HIGH BIDDER IF RESERVE IS MET WILL BE REQUIRED TO SIGN A CONTRACT5 ON FRIDAY JUNE 24TH AND PUT 10% DOWN PAYMENT WITH BALANCE DUE AT CLOSING.
Location
211 W JEFFERSON AVE
ALTAMONT, IL 62401
Buyer Premium 2% WILL BE ADDED TO THE FINAL BID PRICE
Description
This commercial building is a great opportunity to open your own business and be your own boss. This building is located close to the downtown area of Altamont and sits on .55 acres. It features an overhead door that is 12" tall and 14" wide and an additional 9x7 garage door entrance for all your industrial needs. The furnace is a Trane brand and is electric forced air. Top storage loft and 2 closed cell spray foam is an added bonus. Plenty of parking with a circle drive included. For any additional information please contact our office at 217-342-4500. BE YOUR OWN BOSS! LOTS OF POTENTIAL!
TERMS: 10% down day of auction, non refundable, balance due @ closing. Possession upon closing. Subject to all easements apparent of record or in place. TAXES: Taxes will be prorated to closing. ACCEPTANCE OF BID PRICES: Sellers have the right to accept or reject the final bid price. PROPERTY is being sold on an “AS IS, WHERE IS” basis & no warranty either expressed or implied is being made by the Sellers or the Auction Company. INSPECTION: It is up to the potential buyer to perform or have someone inspect the building. You are the expert & it is up to you to decide condition of the building. BUYER’S PREMIUM: A 2% Buyer’s Premium will be added to the final bid price. FINANCING: Sale of property is not contingent upon financing, so make sure your financing is in place prior to auction. POSSESSION: Possession will be at closing. CLOSING: Closing will take place within 45 days of auction. Closing agent fees (average $400.00) will be divided between Seller & Buyer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25.00 USD
Currency USD
Buyer Premium 2% WILL BE ADDED TO THE FINAL BID PRICE
Payment Terms
10% DOWN AND SIGNING OF CONTRACT ON FRIDAY DECEMBER 17TH
NOT APPLICABLE!
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.