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internet-only
6 Tracts Commercial Real Estate Mattoon, IL
At Absolute Online Only Auction
No Minimum - - No Reserve
Bidding Begins Closing: Thursday, November 14th - - 7:00 PM
Tract 1: 2+ City Lots C3 Commercial Zoning. Tract improved with former US Grant Motel structure.
Tract 2: 2+ City Lots C3 Commercial Zoning. Tract improved with former US Grant Motel structure.
Tract 3: 50' x 140' C3 Commercial Zoned City Lot. Lake Land Blvd/Rt 45 frontage. Owner believes signage is grandfathered in at current location of foundation with IDOT. Potential bidders and buyer please preform your own due diligence.
Tract 4: 2 City Lots C3 Commercial Zoning. Tract improved with former US Grant Motel structure, included square of city lot 14, see plat map
Tract 5: 3 1/2 Bedroom 2 Bathroom Home. 1821 Olive Ave, Mattoon, IL 61938. Corner of Olive & 19th St. Home updated and remodeled 4 years ago, with new gas forced air furnace, new windows and gutters, new roof, hardwood floors, crawl space foundation, updated electric. Viewing by appointment, contact Bauer Auction Service Office 217-235-5795
Tract 6: L- Shaped Commercial C3 Zoned Lot, with no improvements. Contains +/- 3 city lots.
Note: Tracts 1,2,4 currently share common walls of structure. Any owner(s) performing demolition of their structure on their property will not be held liable for damage to adjoining property owners structure. All utilities to structures on tracts 1,2,4 have been disconnected with utility providers. This is an "Absolute Auction" and all real estate and structures are being sold on an "AS IS, WHEREAS, WITHOUT FAULT BASIS" and Seller is providing no warranties, expressed or otherwise, unless specifically noted.
All Tracts with current survey.
Online Auction Format: All lots sell with linked closing. All lots remain open until no increase is incurred on any lot for 3 minutes.
Real Estate Auction Terms: Successful buyer(s) will sign auction purchase agreement evening of auction. 10% down and 3% buyer premium check due at contract signing. Balance, possession and closing on or within 45 days. 2023 Real Estate taxes prorated to date of closing
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