275 Oak Street, Dallas City, IL
Hancock Co., IL Commercial Real Estate Auction
Begins:
Thursday, Nov. 11th 2021 at 12:00 AM
Ends:
Friday, Dec. 10th 2021 at 1:00 PM
Auction Details
Inspection
Item Pick-up
Additional Photos
Contact
Auction Details
Hancock County, Illinois
COMMERCIAL REAL ESTATE AUCTION
275 OAK STREET, DALLAS CITY, ILLINOIS
AUCTION ENDS: FRIDAY, DECEMBER 10th AT 1:00 P.M.
This is a Timed, Online Only Auction Event with a Soft Close! Click the above tab for terms and registration!
OPEN HOUSE: MONDAY, NOVEMBER 29TH FROM 5:00 – 6:00 PM
General Information:
- Two adjoining 2-story Commercial buildings w/office/retail store fronts. (Formerly Rettig Furniture – having served the area for over 32 years)
- Unlimited possibilities (restaurant, office, retail, etc.)
- Very well maintained both interior/exterior
- Two upstairs fully furnished 1-bedroom apartments (currently vacant)
- Upstairs office/retail space
- Service elevator & rear loading dock
- Partial basements
- Combined total real estate taxes = $2,645.54
Auctioneer’s Note: Whether you’re an investor or entrepreneur looking to start your own business, these buildings have great possibilities and revenue streams. We strongly encourage all interested parties to attend the open house! Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere! For additional information contact Broker Carla McEntee (217) 617-6975.
Terms of the Real Estate: $5,000 earnest money deposit at the end of the auction with the remainder due on or before January 10, 2022. Title insurance in the full amount of the purchase price will be provided by the Buyer. Real estate sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies. Real estate sells subject to Seller’s confirmation.
Inclusions: All window treatments, window AC units and all remaining furniture and appliances in each apartment.
Real Estate Taxes: The 2022 taxes will be prorated to the date of closing.
Closing: Closing will take place on or before January 10, 2022. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer.
Possession: At closing upon payment in full.
Agency: Fraise Auction & Real Estate and their representatives are exclusive agents of the Seller.
NO Real Estate Buyers Premium
LINDA RETTIG – OWNER
Kurt Dittmer of Rasmussen & Dittmer LLC – Attorney for Seller
Broker: Carla McEntee (217) 617-6975
Fraise Auction & Real Estate
PO Box 8, New London, IA 52645
319-367-5744 ∙ 319-372-9121
Inspection
Open House: Monday, November 29 from 5:00-6:00 PM
Item Pick-up
Not applicable
Additional Photos
Contact
Carla McEntee 217-617-6975