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

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