Name Commercial Warehouse Real Estate Auction - Lansing, IL
Auctioneer Kraft Auction Service
Date(s) 5/16/2017
Preview Date/Time Open House: May 9th 12pm-2pm
Location 2150 Bernice Road
Lansing, IL 60438
Buyer Premium 10% or $3,500, whichever is greater
Description
B&B Farms Real Estate and Equipment Liquidation Auction Tuesday May 16, 2017 11:00am CDT Located at 2150 Bernice Road Lansing, IL. From I94 exit north on Torrence Ave and go .2 miles to 173rd. Turn west and go .1 miles to south on Decker Ave and follow for .2 miles to sale on the north side of the road. "Watch for Kraft Auction Signs!" Commercial Warehouse Real Estate "Sells at Noon!" Here is a building with unlimited possibilities with an outstanding location. Built is 1972 this wood framed 12,798 square foot building features 15' ceilings, multiple truck docks, 3- overhead doors, 2- chilled/cooler rooms, concrete floors, heated shop area, gravel storage area, and a private office and bathroom in warehouse building. Then detached from the building is a professional office area with reception area, executive office, and full bathroom with shower. Building sets on a .7 acre lot. This property has great potential for both an end user to move their business in or an investor who can rent out separate units to various businesses. Don't miss this auction opportunity! Taxes 2016 : $12,384.82. Real Estate Terms: $10,000 non-refundable down payment, 30 days to close, possession at closing, taxes pro-rated and final at closing, sold as-is, warranty deed, sells with seller's confirmation, and subject to a 10% buyer's premium. Refer Trucks and Trailer - CAT Forklift - Shop Equipment 2005 International 4300 refer straight truck, single axle, DT 466, Fuller 6 speed, air ride, 11R22.5, 334k miles, Thermo King refer unit, roll-up door; 1990 International 4900 refer straight truck, single axle, DT 466C, Spicer 7 speed, 361k miles, Thermo King RD-II refer unit, barn doors, curb side door; 1998 Great Dane 53' refer trailer, model 7811TZ-1A, 275/80R24.5 tires, Carrier Phoenix Ultra XL refer unit; gooseneck tri-axle hydrualic dump trailer; 5- Conex steel 40' shipping containers; CAT V50E LP forklift, 5000lb cap, 48" forks; forklift rotator attachement; 2- 1 cubic yard steel self dumping hopper bins; Jungheinrich EJE 120 electric walkie pallet jack; alum. dock plates; pallet of Advantage stretch film; service truck crane hoist; pallet jacks; tires; forklift snow plow; radial arm saw; lighting; forklift man safety cage; platform scales; organizing cabinets; office desks and chairs; industrial rolling cart; large fan; gas air compressor motor; Champion 3 phase 80 gal air compressor; Thermo King refer unit; 2- torpedo heaters; alum. truck ramp; produce conveyor belt; pallet racking; bench vise; 10+ concrete jersey blocks; and more... Open House: May 9th 12pm-2pm. Can't make it? Call for a private showing. Online bidding at KraftAuctions.com Owner: B&B Farms Terms: Cash, credit card, or good check with positive ID. 3% service fee for credit cards. 10% buyers premium onsite. Not responsible for accidents or items after sold. Information announced day of sale takes precedence over printed material. Kraft Auction Service LLC Jonathan Kraft – 441.001494 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com Sold in conjunction with McColly Real Estate and Diane Farino Food and Restroom Available
DOWN PAYMENT:$10,000 down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.
Currency USD
Buyer Premium 10% or $3,500, whichever is greater
Payment Terms
DOWN PAYMENT:$10,000 down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.