Mon. Oct. 9th Shelbyville, IL Real Estate Online Auction | Live and Online Auctions on HiBid.com

Hello and welcome to the Monday, October 9th Shelbyville, IL Commercial Real Estate Online Only Auction! Real Estate Auction Commercial Business Location w/ 2 - Two Bedroom Apartments 248 & 250 East Main Street - Shelbyville, IL Bidding Begins Closing: Monday, October 9th - - 7:00 PM Tract I - 250 East Main: " Two Story Solid All Masonry Building w/ Basement. This Building Professionally Renovated for Business & Living Quarters. The Quality Construction Turns This Building into New on the Inside & A Sound Exterior w/ a Patriotic Front Mural. " 3400 sq. ft. Open Floor Plan on Commercial Area, 2 - Bathrooms, All Updated & Move-In Ready for Many Business Opportunities. Currently leased for $800/month in a 1-year lease till September 2024 " 3400 sq. ft. in Two Upstairs 2 Bedroom Apartments, Move-In ready o Penthouse Suite w/ Newly Installed Elevator Entrance, Outstanding Views, The Size of Many Homes, New Appliances, Spacious Living Room & Bathroom o 2 Bedroom Apartment w/ Open Floor Plan, Nice Kitchenette w/ Appliances " Both Levels have New Heat, Air, Electrical, Plumbing, Double Pane Windows, Flooring, Insulation, Cabinets, Quartz Counter Tops & More Tract II - 248 East Main: " 2200sq.ft. Open Floor Plan of Commercial Area, All w/ New Renovation, Gas Forced Air Furnace, Central Air. Currently leased for $600/month on a month-to-month lease. Historic Replacement Cost of $150.00 sq. ft. - - Documented Historic Sales of Downtown Shelbyville Remodel of $100.00 sq. ft. Opportunity to Buy Real Estate at Auction Price - - Potential Rate of Return of 10-20% or more! Investment - Business Opportunities - Spacious Living An Outstanding Shelbyville Building Inside & Outside w/ A Landmark Location. This Real Estate Property Offers Many Different Affordable Options Over the Cost of New Construction. GO LOOK, Ask Questions & If the Real Estate Fits w/ Your Future Vision then Make Your Arrangements to Own This Property! Central Illinois Liquidators, Sellers Open House: Monday, September 18th from 5:00pm - 6:00pm Monday, October 2nd from 5:00pm - 6:00pm Or By Appointment by Contacting John Pogue at (217) 306-5958 for Viewing or Questions! Buyer's Premium: 5% Real Estate Auction Terms: 10% Down Payment due upon auction close with arrangements to be made by auctioneer and successful bidder. Balance, Possession & Closing on or within 30 days for the Real Estate. Paperwork will be handled by Shelby Abstract and Title.