Bidding Opens: 5PM ~ Wed., June 9, 2021
Bidding Closes: 5PM ~ Wed., June 16, 2021
OPEN HOUSE: WED., JUNE 2 ~ 12-2PM
What a fantastic investment property opportunity in Caseyville, IL on two parcels selling together as one totaling approx. 1.06 acres. This property includes a fully rented 4-plex, a rented mobile home with a long term, and a partially rented duplex generating $2,497 in monthly rental income. The property also has a storage unit available. The mobile home or Unit E has a new electric panel. The tenants pay their own gas and electric while the owner pays the water, sewer, and trash. Each of the 7 total rental units have their own furnace & water heater. At least one of the units in the 4-plex already qualifies for the SCCHA rental assistance program.
Bidding Notice:
Property will sell as-is. Information was obtained from sources considered reliable. However, the auction company does not guarantee the accuracy of this information. Said information is subject to change availability or update without notice. Seller/Landlord & Auction Company make no representation as to the environmental condition of the property and recommend that Purchaser/Tenant obtain an independent investigation. Successful bidder will be required to sign an Auction Sale and Purchase Contract.
Auction Notice:
Terms: $10,000 Downpayment on Real Estate; Balance Due in 30 Days; 10% or $1,500 Minimum Buyers Premium; Any announcement made day of sale takes precedence over any printed material; List subject to change without notice. Successful bidder will be required to sign an Auction Sale and Purchase Contract.
ALL OUT OF STATE BIDDERS: A $1,500 HOLD MUST BE PLACED ON A VALID CREDIT CARD FOR YOUR BIDS TO BE APPROVED. Please contact our office at 618-234-8751 to set up the required hold.