Full Address: 2016 State St., Alton, IL 62002
County:

ONLINE AUCTION

For: G. Smith
Bidding Website: bid.tarrantandharman.com
Auction Dates: Bidding begins December 1st, 2018 @ 8am and ends December 10th, 2018 @ 12pm
County: Madison
Description:  Online real estate auction! Great opportunity to own an established bar with neighborhood customers. Currently “Greg’s Place”, this commercial property offers many possibilities for future use.  There is a full bar with a dine-in area on the main level as well as 2 restrooms. The upstairs is in need of repair but offers a separate access and could be used for apartments or party events.  The business currently has a food license to serve pizza only, and offers two, 220 service panels, a walk-in cooler and a handicap entrance. If you have questions about how to pursue an auction, please give us a call.

Terms & Conditions:

Property selling as/is, where/is. All inspections must be conducted prior to the day of sale. Highest bidder will enter into an auction sales contract and be required to put a non-refundable $5,000.00 down. All financing must be in line prior to the day of sale.This sale is subject to owner’s confirmation. All announcements the week of the sale take precedence over any pre-printed material.  Parcel ID #23-2-07-03-20-401-023

Please note: ‘Proof of funds’ or ‘Financing approval’ on bank letterhead must be emailed to [email protected] before you will be approved to bid. The online auction platform allows for a “soft auction close” and… – If a lot receives a bid within the last 10 min. it will remain open for an additional 10 min. – If any further bidding occurs, the extension timer will reset to 10 min. – If no further bidding activity occurs, the lot closes when the timer runs out.

 

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