Income Producing Property Auction
Bidding ends Thursday, May 14, 2020 | 6:30 PM Central
Auction closed.
Income Producing Property Auction
Bidding ends Thursday, May 14, 2020 | 6:30 PM Central
Auction closed.
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See Special Terms for additional fees
See Special Terms for additional fees
Description
Selling a Triplex - Auction to be conducted ONLINE ONLY through Proxibid. Purchase agreement to be signed at the Lowderman Auction Facility and Indoor Sales Pavilion, Located 2.5 miles west of Macomb, IL on Highway 136 (at the intersection of Hwy 136 & 336).
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Closed Lots
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3 Apartments
Property Flier
Income Producing Property Auction. Selling a Triplex Apartment #1 ~ 225 S. Ward St., Macomb, IL. 3 bedroom, 1 bath with all appliances. Apartment #2 ~ 225 1/2 S. Ward St., Macomb, IL. 1 bedroom, 1 bath with all appliances (no washer & dryer). Apartment #3 ~ 934 W. Jefferson St., Macomb, IL. 3 bedroom, 1 bath with all appliances. TOTAL TAXES: $3,834.52 LOT SIZE: 60X171 ZONED: R2 Single Family Residence Auction to be conducted ONLINE ONLY through Proxibid. Purchase agreement to be signed at the Lowderman Auction Facility and Indoor Sales Pavilion, Located 2.5 miles west of Macomb, IL on Highway 136 (at the Intersection of Hwy 136 & 336). Live & Internet Bidding
All the apartments are leased through July 2021. One for $500 and the other for $450. He currently rents the middle one for $450. The south one and middle one have all new flooring. The whole complex has had all new windows within the last ten years. The south one had bathroom redone six years ago as well as the middle had its kitchen redone at the same time. Taken all the way down to the studs. New roof on middle one bedroom five years ago. All three units have separate utilities. Sewer lines have been permalined and the efficiency was replaced new a few years ago during the Ward St. improvement project.
All units have electric stoves. Gas furnaces and water heaters 100 amp services in each unit. A/C Units are provided by tenants. Deposits and last months rent will transfer to new owner at closing. All utilities, gas, electric and water are on separate meters and paid by tenants. All three units are under contract to July of 2021 with a yearly income of $16,800.
Income Producing Property Auction. Selling a Triplex Apartment #1 ~ 225 S. Ward St., Macomb, IL. 3 bedroom, 1 bath with all appliances. Apartment #2 ~ 225 1/2 S. Ward St., Macomb, IL. 1 bedroom, 1 bath with all appliances (no washer & dryer). Apartment #3 ~ 934 W. Jefferson St., Macomb, IL. 3 bedroom, 1 bath with all appliances. TOTAL TAXES: $3,834.52 LOT SIZE: 60X171 ZONED: R2 Single Family Residence Auction to be conducted ONLINE ONLY through Proxibid. Purchase agreement to be signed at the Lowderman Auction Facility and Indoor Sales Pavilion, Located 2.5 miles west of Macomb, IL on Highway 136 (at the Intersection of Hwy 136 & 336). Live & Internet Bidding
All the apartments are leased through July 2021. One for $500 and the other for $450. He currently rents the middle one for $450. The south one and middle one have all new flooring. The whole complex has had all new windows within the last ten years. The south one had bathroom redone six years ago as well as the middle had its kitchen redone at the same time. Taken all the way down to the studs. New roof on middle one bedroom five years ago. All three units have separate utilities. Sewer lines have been permalined and the efficiency was replaced new a few years ago during the Ward St. improvement project.
All units have electric stoves. Gas furnaces and water heaters 100 amp services in each unit. A/C Units are provided by tenants. Deposits and last months rent will transfer to new owner at closing. All utilities, gas, electric and water are on separate meters and paid by tenants. All three units are under contract to July of 2021 with a yearly income of $16,800.
