Carrollton, IL
520 Golden Eagle Court

Bidding Opens: Wednesday, March 29^th
Bidding Closes: Wednesday, April 5, 2023 at 4PM

Open House on Wednesday, March 22^nd from 10-Noon

Auctioneer's Note:  Looking for a commercial investment or a place to expand your business?  This former Dollar General building could be converted to suit your business, office or storage needs.  This property is zoned B-2 and is located along Highway 67 in Carrollton, IL.

8,250 SQ.FT. BUILDING

• 75’x110’ building built in 1998.
• Large open retail space with storage room, office and restrooms.
• Blacktop parking lot with approx.. 30 parking spaces.
• Building lends itself to many possible uses.
• Property has city water, natural gas & (2) 200 amp breaker boxes w/ Emerson control box.
• The property is zoned B-2.
• Situated on approx.. 0.92 acre lot with Highway 67 frontage.
  
  Included: Any item present on the day of final settlement/closing.
  Not included: Air Gas tank

Terms: 10% down payment of the purchase price on April 5, 2023.  Balance of the purchase price due at closing with a projected date on or before May 5, 2023.  Personal check, ACH, wire transfer or cash is acceptable for down payment; balance shall be paid by cash, certified check or wire transfer. Title Insurance in the full amount of the purchase price will be provided by the Seller. The 2022 real estate taxes due and payable in 2023, will be paid by the Seller. The 2023 real estate taxes will be the responsibility of the Buyer.  Possession will be given at the time of closing.  Immediately following the auction of the real estate, the successful Buyer shall enter into a written contract with the Seller, this shall take place through email & electronic document signatures.  Said contracts will be available for review prior to the auction.

2021 Real Estate Taxes – Tax Parcel 13-26-353-004 = $13,834.90

Special Provisions:

• This online auction of the real estate will have a 5% buyer’s premium. This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• Down payment is due on the day the bidding closes and signing of the real estate contracts will take place through email and electronic document signatures. In the event the auction bidding closes after 3:00pm, the earnest money will be due the following business day.
• If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes. This will continue until no bids are placed within the last 4 minutes.
• Seller shall not be obligated to furnish a survey.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• If a Buyer is unable to close due to insufficient funds or otherwise, Buyer will be in default and the deposit money will be forfeited.
• Closing will take place at Seller’s closing attorney office or a professional closing company agreeable to both Buyer and Seller. Closing Agent Fee will be shared equally between Buyer and Seller.
• If in the future a site clean-up is required, it shall be at the expense of the Buyer.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• All lines, drawings, boundaries, dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation. Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents.
• The Buyer acknowledges that Buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Seller: FMBT Properties, LLC
Representing Attorney for Seller: Strang, Parish & Graham Law Office
Closing Title Company: Colonial Title and Escrow, 506 North Main St., Carrollton, Illinois 62016, (217) 702-4281

For more information contact Tim Meyer of Steffes Group Inc. at 319.385.2000 or 319.750.1233
Tim Meyer: Illinois Licensed Auctioneer #441.001748 - Illinois RE Managing Broker #471.006809