Absolute Auction – 10 Suite Professional Office Building

Auction starts 09/24/2020 @ 8:00 AM EST
Auction Type: online

Description

Absolute Auction – 10 Suite Professional Office Building
Herrin, Illinois

Property #: TAA2024

Auction Date & Time 
Online bidding ends:  
September 24th at 2:00 pm CT

Preview Date & Time:
September 17th at 11:00 am CT 

Property Address: 
121 N. 13th Street
Herrin, IL 62948

Bid Online at: 
www.tranzon.com

10 Suite Professional Office Building

WILL SELL ABSOLUTE TO HIGHEST BIDDER REGARDLESS OF PRICE!

Investment Highlights:
Two Story, Ten Suite Office Building
9,600 SF +/-
Elevator Upgrades 2017
New Roof 2016
Building Exterior Painted 2015
Each Unit has a Bathroom
Built in 1930 on .32 Acre +/-
121
22 Parking Spaces
Separate Electric and HVAC
Zoning is B-1 = Downtown Business
$8,005 = 2019 Property Taxes

Tranzon Asset Advisors, Vance Luksetich, IL Broker #471.014411
In cooperation with Coldwell Banker, Prime Realty, Greg Holthaus

Contact: Vance Luksetich, 888-791-7307 ext. 87, vancel@tranzon.com

Auction Summary of Terms of Sale: All property is sold in “As-Is and Where-Is” condition. A ten percent (10%) buyer’s premium will be added to the high bid. The total sale price of the property shall be comprised of the high bid plus the buyer’s premium. The high bidder shall execute a non-contingent purchase agreement immediately following the auction, and will provide a non-refundable earnest money deposit of ten percent (10%) of the total sale price (high bid + buyer’s premium) by certified funds or wire transfer within 24 hours of being declared the winning bidder. The balance of the purchase price will be due at closing within the specified timeframe in the purchase agreement. Seller will transfer ownership of property by Special Warranty Deed or similar instrument. Other terms apply. 
 

About Us

Locate Auctions is a leading source for auction listings in North America, bringing auctioneers and bidders together in one easy-to-use online tool.

Contact Us

   717.298.0646

Latest Posts

WHAT IS A BUYER'S PREMIUM?

Posted on 10/06/2019

HOW MUCH DO AUCTION HOUSES CHARGE?

Posted on 10/20/2019

DO AUCTIONS CHARGE SALES TAX?

Posted on 10/10/2019

THE WORLD OF ONLINE AUCTION ADDICTION

Posted on 01/28/2016

Latest Tweets