Live Webcast Auction
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High Bid: 0.00 USD
0 Bids
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Date(s)
9/1/2023 - 9/21/2023
Bidding Notice:

LIve and Online Bidding! Successfful bidder will be required to sign a binding Offer to Purchase with 10% of the purchase price due at the conclusion of the auction. If bidding online, please contact Stenzel Auction at 309.937.1444 to pre register.

Auction Notice:

No buyers fee! Visit www.stenzelauction.com for more information! Auctioneer will set bidding increments during the live auction.


Information
Lot # 1
Group - Category Real Estate - Commercial
Lead 25.07 (+/-) Prime Commercial Real Estate
Description
25.07 (+/-) Prime Commercial Real Estate located in a busy, established area in Moline, IL. This property sits directly behind Farm and Fleet off of John Deere Road.
Name COMMERCIAL REAL ESTATE AUCTION | MOLINE, IL
Auctioneer
Type Live Webcast Auction
Date(s) 9/1/2023 - 9/21/2023
Auction Date/Time Info
THURSDAY EVENING | 5:00 p.m. CST
Preview Date/Time Please contact Stenzel Auction Service at 309.937.1444 for viewing of the property.
Location
Buyer Premium No buyers premium
Description
Prime Commercial Real Estate in a busy, established area in Moline, IL. These 25 (+/-) acres are located directly behind Farm and Fleet in Moline, IL. Approximately 7 (+/-) acres are currently tillable. City water and sewer are run to the property. This land will be offered for sale in a lump sum amount irrespective of the number of acres included in the tract.
#1. The successful bidder will be required to sign a binding Offer to Purchase with 10% of the purchase price due at the conclusion of the auction payable to Churchill & Churchill, P.C. Trust Account. The balance will be due and payable on or before closing (30 to 60 days from contract date). Copies of the required agreement are available for viewing by contacting Attorney Daniel Churchill | 1610 Fifth Ave. | Moline, IL | 309.762.3643. #2. The 2023 real estate taxes, due in 2024 will be prorated to the date of possession. #3. The seller shall provide a title insurance policy in the amount of the purchase price of the subject properties. #4. This property will be offered for sale in a lump sum amount irrespective of the number of acres included in tract. #5. The entire property is being sold in an “As Is” condition, with no warranties of any kind. Stenzel Auction Service, Inc. serves solely as agent for the Trust and assumes no liability of any kind in connection with any property being sold. All information is believed to be accurate. However, all prospective buyers are strongly urged to thoroughly research all pertinent data to draw their own conclusions. #6. Any of the above terms of sale may be modified by announce-ments made the day of the auction. Seller reserves the right to accept or reject any and all offers. For information on the property contact our business office by email at info@stenzelauction.com or by phone 309.937.1444. For viewing of property, please call.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 900.00 50.00 USD
900.01 - 1,000.00 50.00 USD
1,000.01 - 9,950.00 500.00 USD
9,950.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No buyers premium
Payment Terms
The successful bidder will be required to sign a binding Offer to Purchase with 10% of the purchase price due at the conclusion of the auction payable to Churchill & Churchill, P.C. Trust Account. The balance will be due and payable on or before closing (30 to 60 days from contract date).
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.