OLO Commercial Real Estate Auction - $25,000 Minimum Bid
Listing ID#: 259647

Sale Location

Wilmington, IL 60481
Sale Dates and TimesSALE IS COMPLETED
Bidding Starts: Thursday Aug 15
Bidding Ends: Thursday Aug 15
Sale Type
 Online Auction  VIEW ONLINE CATALOG
Company Information
Kraft Auction Service

Contact: Jonathan Kraft
Phone: 219-973-9240
Email: kraftauctioninfo@aol.com
Website: www.kraftauctions.com

EstateSale.com ID#: 6777
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Listing Terms and Conditions
DOWN PAYMENT:$5,000 down payment within 24 hours of auction closing and with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place in 30 days,

POSSESSION: At closing.

REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: There shall be no survey

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.

ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.

Listing Information
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres. The property is zoned commericial B-3. Electric, gas, sewer, and water is all near-by to the property. There is 270 feet of frontage and over 12,000 vehicles per day pass this property. Next door to this property is a Burger King. This property can be developed or a perfect investment property for future development. Taxes 2018 Pay 2019: $3952.50. Minimum Opening Bid: $25,000 Previously Listed for $250,000 Open House: August 7th 10am-12pm. Can't make it? Call for a private showing. Owner: CW Investments & Charles W. Dennis Trust Terms: $5,000 non-refundable down payment immediately within 24 hours after closing of auction, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, minimum opening bid of $25,000, and subject to a 10% buyer's premium or $3,500 whichever is greater. Kraft Auction Service - McColly Real Estate Auctioneer Jonathan Kraft - 441.001494 219-973-9240 - KraftAuctions.com McColly Bennett Commercial Advantage Real Estate Listing Agent Buck Tamblyn - 815-549-4301

1
Wilmington, IL 3.1 Acre Commercial Lot
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres....

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OLO Commercial Real Estate Auction - $25,000 Minimum Bid

Kraft Auction Service

Kraft Auction Service


Contact: Jonathan Kraft
Phone: 219-973-9240
Sale Location
00 S. West River Rd
Wilmington, IL 60481
Sale Dates and Times
Sale Terms and Conditions
DOWN PAYMENT:$5,000 down payment within 24 hours of auction closing and with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.
Listing Details
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres. The property is zoned commericial B-3. Electric, gas, sewer, and water is all near-by to the property. There is 270 feet of frontage and over 12,000 vehicles per day pass this property. Next door to this property is a Burger King. This property can be developed or a perfect investment property for future development. Taxes 2018 Pay 2019: $3952.50. Minimum Opening Bid: $25,000 Previously Listed for $250,000 Open House: August 7th 10am-12pm. Can't make it? Call for a private showing. Owner: CW Investments & Charles W. Dennis Trust Terms: $5,000 non-refundable down payment immediately within 24 hours after closing of auction, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, minimum opening bid of $25,000, and subject to a 10% buyer's premium or $3,500 whichever is greater. Kraft Auction Service - McColly Real Estate Auctioneer Jonathan Kraft - 441.001494 219-973-9240 - KraftAuctions.com McColly Bennett Commercial Advantage Real Estate Listing Agent Buck Tamblyn - 815-549-4301

1
Wilmington, IL 3.1 Acre Commercial Lot
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres....

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OLO Commercial Real Estate Auction - $25,000 Minimum Bid
 Online Only Auction
Sale Date(s)
Bidding Starts: Thursday Aug 15
Bidding Ends: Thursday Aug 15
Sale Location

Wilmington, IL 60481
Listing Terms and Conditions
DOWN PAYMENT:$5,000 down payment within 24 hours of auction closing and with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres. The property is zoned commericial B-3. Electric, gas, sewer, and water is all near-by to the property. There is 270 feet of frontage and over 12,000 vehicles per day pass this property. Next door to this property is a Burger King. This property can be developed or a perfect investment property for future development. Taxes 2018 Pay 2019: $3952.50. Minimum Opening Bid: $25,000 Previously Listed for $250,000 Open House: August 7th 10am-12pm. Can't make it? Call for a private showing. Owner: CW Investments & Charles W. Dennis Trust Terms: $5,000 non-refundable down payment immediately within 24 hours after closing of auction, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, minimum opening bid of $25,000, and subject to a 10% buyer's premium or $3,500 whichever is greater. Kraft Auction Service - McColly Real Estate Auctioneer Jonathan Kraft - 441.001494 219-973-9240 - KraftAuctions.com McColly Bennett Commercial Advantage Real Estate Listing Agent Buck Tamblyn - 815-549-4301

1
Wilmington, IL 3.1 Acre Commercial Lot
Online Only Commercial Real Estate Auction Bidding Ends August 15th @ 5pm CDT Located at 00 S. West River Road Wilmington, IL. Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres....