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COMMERCIAL REAL ESTATE AUCTION

“ONLINE BIDDING ONLY”
231 & 251 E. Walnut St.
Chatham, IL

ATTENTION INVESTORS!
INCOME PROPERTY!

STARTS: Thursday, Feb. 21 @ 7:00 P.M.
ENDS: Thursday, March 21 @ 7:00 P.M.

***OPEN HOUSE: 1:00-2:00 P.M.
Friday, March 8 & Monday, March 18

•Approximately 20,000 sq ft of warehouse and office space

•South Building: Pole Framed, Steel Siding, Concrete Floor, 9,659 sq ft, Approximately 2,700 sq ft of office space, 10’x37’ storage above office area, office area has its own gas furnace and central air, (2) Restrooms, warehouse space w/ (3) overhead doors, warehouse has 500,000 BTU Radiant Hearing Unit Suspended from the ceiling, (2) exhaust systems, special built drainage system and holding tanks built into the floor.
This building is partially rented to Greco Graphics, there is currently warehouse space available for rent.

•North Building: Pole Framed, Steel Siding, Concrete Floor, 10,288 sq ft.
8,208 sq ft of warehouse with hanging furnaces, Radiant Heat and (3) overhead doors.
2,080 sq ft of office/show room space, (3) Restrooms, (2) Gas Furnaces and (2) Central Air Conditioners.
Currently 9,168 sq ft of this building is rented to Cross Fit XLT.
There is 1,120 sq ft of finished office space available for rent.

TAXES: $11,424.58
PIN: 29-07.0-176-072

TERMS & CONDITIONS:
10% down at close of auction. Balance due and possession at closing on or before Monday, April 22, 2019.Buyer(s) will be required to enter into a written contract at the close of the auction. Prairie Land Title of Springfield, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Estate reserves right to accept or reject any or all bids.Have all financial arrangements and inspections made prior to bidding. A three (3)percent buyers premium will apply to the high bid to establish a contract bid.

 

AUCTIONEER’S NOTE:
Real Estate will be sold as (1) Tract.
Great Income Property!
High Traffic!
Good Exposure!
Long time renters!

 

     
 

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