Atwood, IL Home on Double Lot - Douglas Co., IL
Historic 1890s Brick home on a large double corner lot located in Atwood, IL. Just 9 Miles West of Tuscola in Douglas County, IL.
PARROTT AUCTION
ONLINE ONLY REAL ESTATE AUCTION
Thursday, May 16th, 2024, Soft Closes 6 PM Central
202 E. Cedar, Atwood, IL
9 Miles West of Tuscola, IL
Signs posted.
!~ Excellent Opportunity ~!
This 1890s, two-story, Historic Brick home features 1 bath, kitchen with stove & refrigerator, washer & dryer also included, a newer RUDD gas furnace, and Navien tankless water heater, all conveniently located on a double corner lot!
R.E. Taxes: Approx. $1 ,558. Douglas County Parcel Index# 05-01-31+-302-007. Seller to pay prorated taxes to the date of closing, buyer(s) thereafter.
Lot Size: 80' x 150' per county records.
Showings: For more information, please Listing Broker Gregg Parrott at 618-843-4905.
Please see www.parrottauctions.com for a complete listing and high-resolution interior and exterior photos!
Jim Sapp – Seller
For Complete Terms and Conditions, Please Click on the "Terms" Button.
Bidding Has Started And Soft Closes Thursday, May 16th, 2024, 6 PM Central!
Soft Close: This is a soft close auction meaning: If the property is bid on within the last 5 Minutes of the auction, the lot will automatically get extended for an additional 5 Minutes. Countdown Timer will Continue to be reset to 5 minutes until no additional bids have been placed.
Automatic Bidding: (Max Bid Feature): This online bidding option makes bidding convenient allowing you to enter the maximum bid amount that you are willing to bid on an item. We encourage the use of this feature as it automatically competitively increases your bid for you up to your max bid price. No more forgetting to increase your bids -or- trying to keep pace with our online auctions. Simply Place Once Bid And we’ll take care of the rest!
Approval of Bids: Seller fully intends to sell this property to the highest bidder day of auction, however, a reasonable reserve is in place.
Bid Increments: $100 increment levels from the beginning of the auction to end of auction.
Real Estate Terms: 10% Buyer’s Premium will be added to the Bid Price to Arrive at the Total Contract Price. 10% of Total Contract Price will be placed day of sale as non-refundable Escrow. Balance Due at closing. Buyer to have all inspections completed prior to auction & have financial arrangements made prior to auction.
Termite: Termite Inspection and treatment will be paid by buyer(s)
Possession: Possession date of closing, subject to the rights of the existing tenant.
Contract Signing: Immediately Following the Sale of the Real Estate, High Bidder will complete Real Estate at Auction Purchase Agreement and place Escrow at that time.
Contract Signing: Within 30 minutes of Auction Ending, Listing Broker Gregg Parrott will contact the high bidder to make arrangements to sign the contract. Real Estate at Auction Purchase Agreement will be emailed to the high bidder night of auction with buyer dropping of the Non-refundable escrow due next day.
Title Insurance & Closing Timeline: Seller shall furnish the buyer(s) at Seller’s expense an Owners Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
Closing to occur as soon as necessary documents are prepared. Preliminary Title Commitment will be prepared and available for viewing on www.parrottauctions.com prior to auction. Plan to close in 45 days or less.
Other Announcements: All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Announcements made in the future take precedence over any previous information.