Online Auction, Vance Koehler/Lyndsay Koehler Plath – Real Estate

Real Estate, Building approx. 60 x 120 x 16, lot sizes combined approx.. 120 x 250 (No Survey) Note: water leaks in around the foundation walls.

This property is in a great location in Scales Mound IL., most recently it was used as an automotive repair shop with office space upstairs; the lower level is a large open space with a bathroom, and the upper office space also has a bathroom w/shower and kitchen/laundry area, this property has a lot of potential.

Preview, Saturday April 27th 1-3pm and Thursday May 2nd 5-7 pm at 123 Franklin St, Scales Mound, IL 61075

The Auction Closes Wednesday, May 8th, at 6 pm (Soft Close)

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Real Estate, Terms/Cond: Sold in As Is cond., No contingencies of ant kind, Make your financial arrangements prior to the auction, you are encouraged to View the property to conduct your own inspection, $10,000.00 Non Refundable. earnest money,, required with signed purchase agreement within 24hrs. after the auction,  5% Buyers prem. Will be added to the final bid price to equal the total purchase price, Closing 30 days M.O.L., $200,000.00 Min. opening Bid, the Seller/s have the right to Accept/Refuse/Reject any/all bids, See HiBid or website for more detailed info.

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Bidding Notice: ONLINE ONLY! We encourage you to post your personal maximum bid and allow the system to bid on your behalf. All lots begin closing at 6 pm CST on Wednesday, May 8th, 2023, staggered 10 seconds one after the other in the order they appear in the catalog (not necessarily in numerical order). If anyone bids within 2 minutes of posted closing time, the bidding on that lot will extend by 2 minutes. In the case of a tie bid, precedence is given to the earlier bid. Hibid tracks the times. Hibid’s timekeeping will govern. Refresh your screen often to see the most current winning bids. We encourage you to download the Hibid app.