Online Only Auction
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Date(s)
12/17/2020 - 1/28/2021
Bidding Notice:

Call Auctioneer Wayne Keller if you have questions. cell: 618-407-1679 IL Lic # 441.002475

Auction Notice:

Property being sold as - where is.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Sells Absolute - 200 Penn Av. Morton IL
Description
Ameren Illinois has commissioned buyafarm.com to auction a surplus property at 200 Penn Avenue, Morton, IL.. The property consists of a 3480+- sq ft brick commercial building in the heart of Morton IL on a 26,096+- sq ft lot, approximately 1 mile from I -155 and 1.5 miles from I-74. Office area and heated shop area with 2 roll up doors. PROPERTY INSPECTIONS ARE BY APPOINTMENT ONLY ADDRESS - 200 Penn Avenue, Morton, IL. Lot is 26, 096+- sq ft or approximately .6+- acres SHORT LEGAL - Parcel ID# 06-00-20-243-005, Tazwell County Illinois. TAXES - $1012.32 (2019 payable 2020) Pro-Rated to day of closing.
Name Tazwell County IL Comercial Building
Auctioneer
Type Online-Only Auction
Date(s) 12/17/2020 - 1/28/2021
Auction Date/Time Info
Closes January 28, 2021 at 8:00 PM CST
Preview Date/Time By ppointment. Call 800-357-4020
Checkout Date/Time Ameren Illinois will contact Buyer to make arrangements to sign the sale contract.
Location
Buyer Premium No Buyer's Premium
Description
SELLS ABSOLUTE - NO RESERVE! Ameren Illinois has commissioned buyafarm.com to auction a surplus property at 200 Penn Avenue, Morton, IL. The property consists of a 3480+- sq ft brick commercial building in the heart of Morton IL on a 26,096+- sq ft lot, approximately 1 mile from I -155 and 1.5 miles from I-74. Office area and heated shop area with 2 roll up doors. PROPERTY INSPECTIONS ARE BY APPOINTMENT ONLY ADDRESS - 200 Penn Avenue, Morton, IL. Lot is 26, 096+- sq ft or approximately .6+- acres SHORT LEGAL - Parcel ID# 06-00-20-243-005, Tazwell County Illinois. TAXES - $1012.32 (2019 payable 2020) Pro-Rated to day of closing.
SELLS ABSOLUTE- NO RESERVE! NO BUYER'S PREMIUM! YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. FORM OF DEED - Conveyance shall be by quit-claim deed. CLOSING COSTS AND CLOSING STATEMNT - Seller shall pay for recording the deed of release from the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. Click HERE for copy of the Ameren sale contract Buyer will be signing containing all terms and conditions. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is". Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids. SELLER - Ameren Illinois
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. This is a cash sale auction. Be sure to have financing arranged in advance.
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.