Lot # : 1 - 106 W. Sheridan Watseka, IL

Online Only Auction
106 W. Sheridan Watseka, IL
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Watseka, IL 60970
Date(s)
12/11/2024 - 1/10/2025
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Residential
Lead 106 W. Sheridan Watseka, IL
Description
Online auction of these 2 properties will be sold together, Located at 106 West Sheridan (home) lot size appx. 8712 sqft. and 114 West Sheridan, lot size (0.64 acre) in the city of Watseka, IL. This Online Auction will end January 10th 2025 @ 5pm central time. These properties are being sold "AS IS " The home has 2 bedroom, family room, eat in kitchen, full bath, single car garage, outside shed, covered deck, no backyard neighbors, mature trees, for more pictures with terms and conditions of this auction go to-- Prochnowauctions.hibd.com
Name 106 West Sheridan Watseka, IL
Auctioneer
Prochnow Auctions
Type Online-Only Auction
Date(s) 12/11/2024 - 1/10/2025
Auction Date/Time Info
December 11th at 9am - Jan 10th at 5pm.
Checkout Date/Time Jan 10th at 5pm
Location
106 W. Sheridan
Watseka, IL 60970
Buyer Premium 3% buyer’s premium.
Description
Online auction of these 2 properties will be sold together, Located at 106 West Sheridan (home) lot size appx. 8712 sqft. and 114 West Sheridan, lot size (0.64 acre) in the city of Watseka, IL. This Online Auction will end January 10th 2025 @ 5pm central time. These properties are being sold "AS IS " The home has 2 bedroom, family room, eat in kitchen, full bath, single car garage, outside shed, covered deck, no backyard neighbors, mature trees, for more pictures with terms and conditions of this auction go to-- Prochnowauctions.hibd.com
Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account , a 3% buyer’s premium will be added to the purchase price. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 3% buyer’s premium.
Payment Terms
The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.
After - Jan 10th at 5pm