Commercial Building in Delevan, IL w Distillery

Lot #	1
Group - Category	Real Estate - Commercial Properties
Lead	Commercial Building in Delevan, IL w Distillery
Description	Online auction of this amazing renovated building, the distillery equipment is brand new and never used. Seller completely renovated this 7000 sq. ft. building from floor to ceiling, added a warehouse with all mechanicals, plumbing, insulated, electrical, newer roof, new forklift, comes with a charger system, and much more. Located in business district of Delavan, Il. Just short distance from cities like Pekin, Il. Peoria, Il. Bloomington, Il. This building shows professional craftsmanship with a beautiful tasting room / events space, full bar, with a tasting/retail counter. The building sits on the corner providing great exposure, beautiful oversized windows. Plenty of street parking, rear overhead door access to the warehouse, additional finished rooms upstairs, storage area, plus a large executive office - - This Online Auction is being sold "As Is - Where Is" - - What a great business opportunity- - Showing by appointments only, call Jeff Prochnow - - Auctioneer / Broker 309-261-4537 Please read Terms and Conditions of this online auction @ Prochnowauctions.HiBid.com

Auction Information

Name	Commercial Building in Delavan with Distillery
Auctioneer	Prochnow Auctions
Type	Online-Only Auction
Date(s)	4/6/2024 - 5/25/2024
Auction Date/Time Info	April 6th - May 25th at 6:00PM
Checkout Date/Time	May 25th at 6:00PM
Location	323 South Locust St Delevan, IL 61734
Buyer Premium	3% buyer’s premium.
Description	Online auction of this amazing renovated building, the distillery equipment is brand new and never used. Seller completely renovated this 7000 sq. ft. building from floor to ceiling, added a warehouse with all mechanicals, plumbing, insulated, electrical, newer roof, new forklift, comes with a charger system, and much more. Located in business district of Delavan, Il. Just short distance from cities like Pekin, Il. Peoria, Il. Bloomington, Il. This building shows professional craftsmanship with a beautiful tasting room / events space, full bar, with a tasting/retail counter. The building sits on the corner providing great exposure, beautiful oversized windows. Plenty of street parking, rear overhead door access to the warehouse, additional finished rooms upstairs, storage area, plus a large executive office - - This Online Auction is being sold "As Is - Where Is" - - What a great business opportunity- - Showing by appointments only, call Jeff Prochnow - - Auctioneer / Broker 309-261-4537 Please read Terms and Conditions of this online auction @ Prochnowauctions.HiBid.com

Terms and Conditions

Terms & Conditions Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account , a 3% buyer’s premium will be added to the purchase price. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 95.00	5.00 USD
95.01 - 975.00	25.00 USD
975.01 - 9,750.00	250.00 USD
9,750.01 - 97,500.00	2,500.00 USD
97,500.01 - 9,999,999.99	10,000.00 USD

Payment Information

Currency	USD
Buyer Premium	3% buyer’s premium.
Payment Terms	The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.

Shipping / Pick Up

After - May 25th at 6:00PM

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.

Lot # : 1 - Commercial Building in Delevan, IL w Distillery