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Description
SOLD
Suggested Opening Bid: $399,000
Buyer’s Premium: 6%
Cooperating Broker’s Commission: 2%
Lot Size: Approx. 35 Acres
Building Size: Approx. 270,000 SF
2016 Taxes: $27,849
PIN: 20-32-276-002
Zoning: M-2; Manufacturing District General
Property Class: 0080 Industrial
Land Use: Enterprise Zone (EZ) & Tax Increment Financing (TIF) within EZ & TIF
This approximately 270,000 sf industrial building manufacturing use is situated on an approximately 35 acre parcel. The main manufacturing building includes approximately 150,000 SF of warehouse space with a 30‘ ceiling height and approximately 10,000 SF of adjacent office space. In addition, there are 5 detached storage buildings surrounding the main warehouse which total approximately 120,000 SF. The property was previously occupied by the Kewanee Boiler Company. The BN railroad borders the south side of the property with 2 rail-heads, allowing for ease of access. The 2016 taxes were $27,849.
The property will be delivered with clear title.
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Auction has expired
Auction Expired because there were no bidsAuction started | April 24, 2018 12:00 am CDT |
Auction Information
ONLINE-ONLY AUCTION
Bidding Starts: April 24, 2018 12:00 am CDT
Bidding Ends: April 24, 2018 3:00 pm CDT
Location: 101 Franklin Street, Kewanee, IL, 61443
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
For wiring instructions email: info@awproperties.com or call 847-509-2757.
There is a 6% Buyer's Premium in effect for this auction.
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