ONLINE AUCTION DATE: Monday March 21st, 2022 - 7pm cst Bidding will be held online at www.benladage.com
REAL ESTATE: Pearls Pub, Auburn IL 105 N. 4th Street, Auburn IL 62615 Commercial Property REAL ESTATE AUCTION ONLINE BIDDING! The following real estate Located at 105 N. 4th Street, Auburn IL 62615 will be sold ONLINE ONLY. Located on the east side of the Auburn Square near the corner of N. 4th Street & W. Madison Street ONLINE AUCTION DATE: Monday March 21st, 2022 - 7pm cst Bidding will be held online at www.benladage.com OPEN HOUSE DATE: Sunday March 6th, 2022 - 2 pm - 3 pm Property can also be viewed by private showing by contacting 217-652-0924 Real Estate: Located on the east side of the Auburn Square near the corner of N. 4th Street & W. Madison Street This property is featuring: A turn-key commercial bar located on the square in Auburn. This brick building has Appox. 1,000 Square Ft. on the main floor of commercial space. Bar, Bar back, fridges, coolers, 3 hole sink with all contents of the building included. (Gaming machines, ATM, and Change Machine not included in sale of property.) Has 2 bathrooms and basement. Includes: 3 compartment sink, U-Star upright sliding door fridge (53"w X 72"T X 30" deep), True Chest 64"w X 27" Deep X 32" Tall, Signature Fridge, Pool Table, Beer signs, Beer Lights, and More Does have a walk in cooler, but it is not currently operational. Does have a galley kitchen. Building thought to have been built in 1920's?, Does have a rubber roof, unsure on date of roof/ 69' x 162' Lot and Building Size POTENTIAL! Come and look!! Seller Note: Family states no known issues with the building. Building is older and needing some TLC in some areas. ITEMS BEING SOLD: BUILDING & CONTENTS ONLY Property is being sold "as is", in its present condition with no warranties either expressed or implied. Tax ID#: 34-10.0-255-009 Lot size: 22" W x 110' Long Legal Description: Bucks Addn. N 22' W 110' S 2/3 L 3 B 9 2020 Taxes: $977.10 Terms: 10% down the evening of the auction with the balance due at closing in 30 days. Financial arrangements must be made prior to bidding at the auction and a bank letter of credit may be required to accompany the final bid. Buyer will be required to sign into a written contract at close of auction. Property is being sold "as is", in its present condition with no warranties either expressed or implied.' Property is sold at the Owners approval and reserves the right to accept or reject any or all bids. A 5% Buyer Premium will apply to the high bid Please have all financial arrangements & inspections made prior to bidding. Real Estate Taxes pro-rated up to time of closing. Bernard G. Segatto III & Prairie Land Title of Springfield, IL will handle all title work & closing. Auctioneer & Seller ask for lead base paint, Mold, Radon inspection wavier. Please Read Terms & Conditions prior to bidding. Contact Ben Ladage Auctions with any questions. Want to bid but don't know how? No Problem, contact Ben Ladage Auctions at 217-652-0924 for bidding assistance. We can show you how to bid online or accept phone bids as well! The auction is a soft close auction which means that it starts to close at the time stated, however if someone has placed a bid in the last 3 minutes, then this item will stay open for 3 more minutes. This will continue until time is out. Linda Pearl Price Estate Estate Administrator: Lloyd Ray Kirkpatrick Ben Ladage, Broker Office Phone - 217-652-0924 Managing Broker: Derek Long Auction Service Go to www.benladage.com for pictures! Property can also be viewed by private showing by contacting 217-652-0924 Property Sold As-Is not subject to inspection Property to be sold with Sellers Approval A 5% Buyer Premium will apply to the high bid. Contact Ben Ladage Auctions 217-652-0924 or email auctions@benladage.com with any questions