Real Estate Auction
March 29, 2012 11:00 AM
431 Main St. Pecatonica Illinois 61063
Remodeled & Updated 2,800 sq.ft. 2-story building with 2 main level offices and 3 apartments, great income producer.
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Sold For:
$70,000.00
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BUILDING
Historic limestone constructed 2-story with approx. 2,800 sq.ft., recently remodeled with new brick front, new windows, updated electric & plumbing, membrane roof and seperate utilities.
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Main Level
2 offices, each 8'x42' with bathrooms & storage rooms, carpeted, 100 amp electric w/ baseboard heat & wall A/C units.
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Apartment #1
upper 800 sq.ft. unit, remodeled & updated, open kitchen w/ oak cupboards, ceramic flooring, elec. range & refrig.; bedroom and full bath; 100 amp electric w/ baseboard heat.
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Apartment #2
main level 400 sq.ft. unit, remodeled & updated, kitchen w/ oak cupboards, ceramic flooring, elec. range & refrg.; bedroom; bathroom w/ shower; 100 amp electric w/ baseboard heat; access to basement in this unit.
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Apartment #3
upper 600 sq.ft. unit, remodeled & updated, large open kitchen w/ oak cupboards, ceramic flooring, elec. range & refrig.; bedroom; full bathroom; 100 amp electric w/ baseboard heat.
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Basement
full basement w/ limestone foundation.
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Mechanicals
seperate electric meters, city sewer & water.
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Lot Size
20.5'x91.79' corner lot
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Parcel Number
09-29-279-023
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Property Taxes
$4,111.42
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Zoning
Commercial
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School District
Pecatonica
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Owner
Durand State Bank
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Misc:
Great location, multi-use, excellent income potential.
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Terms:
$5,000.00 down day of Auction as Earnest Money - the balance within thirty days at closing with title and possession. Property sold in 'AS IS' condition. Sold subject to Owner's confirmation of the final bid.