REAL ESTATE AUCTION
The following real estate will be offered at Public Auction at the site located at 217 W. 2nd Street | Kewanee, IL 61443
Sunday, July 30, 2023 at 12:00 Noon
The real estate consists of a 2 story approximately 4000 sq. ft. commercial brick building recently used as a church. First Floor offers an approximate 55’ X 30’ room used as a sanctuary, (2) 17’ X 11’ rooms used as offices, (2) 9’ X 11’ rooms used as a library and a nursery, (2) updated men’s and women’s restrooms and several rooms used for storage. 2nd Floor offers a 1-bedroom apartment with kitchen including stove and refrigerator that stay, laundry room with washer and dryer that stay, and full bath with tub and shower combo. This is a very nice apartment.
Lot size: 35’ X 128’ Short Legal: E 2 Lot 10 and west 33 Lot 9.
Enterprise Zone Org. Town City of Kewanee
TERMS AND CONDITIONS
- The successful bidder shall be required to enter into a standard purchase agreement with 10% of the purchase price due immediately following the sale of the real estate and the balance of the purchase price due on or before 30 days from the date of the sale, when possession will be given.
- The seller shall provide a title insurance policy in the amount of the purchase price of the real estate.
- Real Estate Taxes will be prorated to the date of possession.
- All announcements made the day of the sale take precedence over any previously printed advertised terms or conditions.
- The subject real estate and improvements are being sold in strictly “AS IS, WHERE IS” condition without any representation of warranties expressed or implied.
- This information is believed to be accurate. However, we strongly urge all prospective buyers to thoroughly research pertinent data and to draw their own conclusions.
Auctioneers Note:
Large selection of tools, office supplies, desks, chairs, printers, computers, furniture and misc.
TO BE SOLD BEGINNING AT 10:00 A.M.
To view property call Mark Guthrie 309-945-6120
Covenant Life Ministries – Seller
Justin Raver – Barash &Everett Attorney for seller
211 W. 2nd St., Kewanee, IL 309-852-5555
Auction Conducted By:
GUTHRIE AUCTION COMPANY
Annawan, IL | 309-945-6120 | [email protected]
Auctioneer: Mark Guthrie License No: Mark: #440000575
GUTHRIE AUCTION COMPANY serves solely as an agent for the Seller and assumes no liability of any kind.
Number System Used | Cash or Good Check on Auction Day | I.D. Required | All Items Sold AS IS
Not Responsible for Accidents or Items After Purchase | Lunch Stand Available | Restrooms
Announcements made day of sale take precedence over printed material