78,000 Sf Former Walmart Tractor
1750 Washington Rd : Washington, IL 61571
Tazewell County, Illinois
Land Description
1750 Washington Rd, Washington IL 61571 (Tazewell County)
Sells Regardless Of Price
78,000±SF Retail Bldg. on 9.9± Acres
Selling Online Only
Wednesday, August 9 at 12 NOON CT
Closing Deadline: September 13, 2017
Inspection: Monday, July 31 & Monday, August 7 at 2:30 PM CT SHARP
Sale Manager: Michael Fine, , Description: Former Wal-Mart/ Tractor Supply, built in 1989. The building consists of retail space on the south portion and unfinished warehouse space along the northern portion of the building. Also, a four-bay auto service garage previously used for oil-change, tire service and routine auto maintenance is located on the northeast corner of the building. The building is constructed of steel framing and concrete block walls on a concrete slab-on-grade foundation. The roof is constructed of corrugated steel.The retail areas are finished with resilient vinyl floor tile with ceramic floor tiles in some areas, gypsum wallboard interior walls and lay-in acoustical ceiling tiles. The warehouse areas are unfinished.
The building is surrounded by parking lots on the south portion of the property, an equipment storage yard on the west side of the building, a grass lawn on the north side of the building and an access drive on the east. Access to the asphalt-surfaced parking lots on the southern portion of the property is through an access drive from Washington Road. Constitution Street terminates at the north end of the property, with access into the site. The Tazewell County parcel number of the C-3 zoned property is 02-02-15.
A July 24, 2007 Phase 1 Environmental Site Assessment revealed no evidence of recognized environmental conditions (RECs) in connection with the property.
Auction Conducted in Conjunction & Cooperation with:
Fine & Company LLC, licensed IL broker
This auction features a grouped bid extension - please see details in terms below.
Terms: Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, close by September 13, 2017. Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.
All of the properties sell individually as "lots" however they are all tied together by the auction clock. We will set a bid deadline for all of the assets. Once we get within 5 minutes of that bid deadline, any bid placed on Any of the assets will extend All of the assets another 5 minutes. This extension will continue until no bids are placed on any of the assets in a five-minute window.
This feature is in place partially to prevent "sniping" which can occur on online auctions with a hard deadline. It recreates the action of a "Live Auction". If your opponent bids in the waning seconds of the auction, you still get another chance to bid.
With that in mind, don't wait out the bid until the last second, as it can put you at risk for not getting your bid in before the 5-minute clock runs out.
