Absolute Residential Real Estate Auction
This is a "Don't Miss" offering of six homes in Jerseyville, IL. The homes are a portfolio of rental properties that will sell individually at Absolute Auction.
Thursday, June 30 - 4 PM
307 N. State St.
In addition to onsite bidding, online bidding is available.
Please follow the link below to register & bid online.
If you will be bidding online, please be sure you have contacted Curless Auction at 217-491-6704 before 11 AM the day of the auction.
Draft Real Estate Contract
Parcel 1: 605 Walnut Street
This nice 3 bed, 1 bath home is approximately 796 square feet with an attached 1-car garage. It has forced warm air and central air conditioning and received a new furnace two years ago. It has a nice open back yard with a fence. Real estate taxes for 2020 were $2,067.66. Built in 1955.
Parcel 2: 602 & 600 Walnut Street
602 Walnut is a 2 bed, 1 bath home of approximately 768 square feet built in 1959. It has forced warm air and central AC. The house has a small back deck with a partially fenced back yard. There is an unattached 1-car garage behind the house. Some uneven flooring in the house indicates settling. Real estate taxes for 2020 were $1,678.86.
The large garage at 600 Walnut street will sell together with the home as one parcel. The garage is approximately 763 square feet. The building is insulated, has electric, and a concrete floor. The 600 Walnut site is approximately 12,695 square feet. Real estate taxes for 2020 were $661.52.
Parcel 3: 712 North Harrison Street
This is a 3 bed, 1 bath bungalow with approximately 1,008 square feet, built in 1952. The home has a 2-car detached garage, forced warm air, and central AC. Real estate taxes for 2020 were $1,610.36.
Parcel 4: 606 West Spruce Street
This is a 3 bed, 2 bath bungalow with approximately 1,368 square feet, built in 1948. Forced warm air, and central AC. The fenced back yard contains two sheds. Real estate taxes for 2020 were $2,545.42.
Parcel 5: 1209 West Exchange Street
This is a 2 bed, 1 bath home with approximately 792 square feet, built in 1954. Forced warm air, and central AC. There is a small covered patio and a small shed in the back yard. Real estate taxes for 2020 were $1,672.16
Parcel 6: 1112 W. Exchange Street
This is a 2 bed, 1 bath home with approximately 690 square feet, built in 1952. Forced warm air, and central AC. Detached 1-car carport. Real estate taxes for 2020 were $1,395.28.
Auction Procedure: Parcels will be offered and sold individually, in parcel number order.
Terms: Properties each sell absolute, to the highest bidder(s) with no reserve. Immediately following the auction, the successful buyer(s) will be required to enter into a written real estate contract with the seller and pay a non-refundable ten percent (10%) down payment. The balance of the bid price will be due at closing to be held no later than Monday, August 1, 2022. Early closing dates available per agreement of the parties. Full possession of Parcels 1,2,5,6 will be granted upon closing. Parcels 3 & 4 sell subject to rights of current tenants. Buyers of Parcels 3 & 4 may negotiate an ongoing lease arrangement with current residential tenants if desired. Seller will provide title insurance in the amount of the purchase price. The 2022 real estate taxes will be prorated to the date of closing.
The real estate, improvements and remaining chattel all sell 100% AS-IS with no warranties or guarantees. Prospective bidders are encouraged to inspect the property and all related information to their full satisfaction prior to bidding at the auction. Auction day announcements take precedence over any prior advertising either written or oral. The information provided herein is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. Buyer(s) should verify all information to their satisfaction.
Brian Curless: 217-242-1665
Frazier Curless: 217-491-6704
Wittman & Lorton, P.C.