SOLD FOR $53,000!
ABSOLUTE NO RESERVE REAL ESTATE AUCTION
* COMMERCIAL BUILDING *
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THE FOLLOWING BUILDING LOCATED AT 725 NORTH 1st STREET, DEKALB, IL, WILL BE SOLD TO THE HIGHEST BIDDER WITH OUT RESERVE AUCTION HELD ON SITE.
FRIDAY JUNE 21st @ 11:00 A.M.
FORMALLY KNOWN AS PAPA JOHNS PIZZA, THIS COMMERCIAL ZONED PROPERTY IS IMPROVED WITH A 1,88 SQ.FT. BUILDING WITH CITY SEWER, WATER AND HAS GAS AND A 25 CAR PARKING LOT, 117ft. FRONTAGE ALONG 1ST STREET. THIS AREA OF NORTH 1ST STREET HAS A 8,100 A DAY CAR COUNT. THE BUILDING HAS A FULL BASEMENT FOR EXTRA STORAGE AND A OUTSIDE STORAGE COOLER. THE PROPERTY IS IN A FLOOD PLAIN. TAX PARCEL # 08-14-352-011. TAXES ARE $3,289.00. LOT IS 117 x 254 x 84.
PROPERTIES LIKE THIS DO NOT COME ALONG OFTEN. TALK TO YOUR LENDER NOW AND BE READY TO BID YOUR PRICE AT AUCTION. TO INSPECT PROPERTY CALL AUCTIONEERS AT 815-739-3703.
TERM’S FOR REAL ESTATE: $5,000.00 DOWN ON AUCTION DAY. BALANCE DUE JULY 2nd 2013. A 10% BUYERS PREMIUM WILL BE ADDED TO THE FINAL BID TO DETERMINE THE FINAL CONTRACT PRICE. PROPERTY BEING OFFERED AS IS, WITH OUT ANY CONTINGENCIES TO FINANCING APPRAISAL OR ANY OTHER TYPE OF CONTINGENCIES. SELLERS WILL PAY FOR DEED PREPARATION AND TITLE COMMITMENT FOR SELLERS. ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER ALL OTHER. PICTURES AT ALMBURGAUCTIONS.COM ALMBURG AUCTIONEERING, INC. 815-739-3703.
LARC REALTY LLC, OWNERS
