Absolute Auction – 10 Suite Professional Office Building
Herrin, Illinois

Property #: TAA2024

Auction Date & Time
Online bidding ends:
September 24th at 2:00 pm CT

Preview Date & Time:
September 17th at 11:00 am CT

Property Address:
121 N. 13th Street
Herrin, IL 62948

Bid Online at:
www.tranzon.com

10 Suite Professional Office Building

WILL SELL ABSOLUTE TO HIGHEST BIDDER REGARDLESS OF PRICE!

Investment Highlights:
Two Story, Ten Suite Office Building
9,600 SF +/-
Elevator Upgrades 2017
New Roof 2016
Building Exterior Painted 2015
Each Unit has a Bathroom
Built in 1930 on .32 Acre +/-
121
22 Parking Spaces
Separate Electric and HVAC
Zoning is B-1 = Downtown Business
$8,005 = 2019 Property Taxes

Tranzon Asset Advisors, Vance Luksetich, IL Broker #471.014411
In cooperation with Coldwell Banker, Prime Realty, Greg Holthaus

Contact: Vance Luksetich, 888-791-7307 ext. 87, vancel@tranzon.com

Auction Summary of Terms of Sale: All property is sold in “As-Is and Where-Is” condition. A ten percent (10%) buyer’s premium will be added to the high bid. The total sale price of the property shall be comprised of the high bid plus the buyer’s premium. The high bidder shall execute a non-contingent purchase agreement immediately following the auction, and will provide a non-refundable earnest money deposit of ten percent (10%) of the total sale price (high bid + buyer’s premium) by certified funds or wire transfer within 24 hours of being declared the winning bidder. The balance of the purchase price will be due at closing within the specified timeframe in the purchase agreement. Seller will transfer ownership of property by Special Warranty Deed or similar instrument. Other terms apply.

Parlor and holding area complex built in 1994. 36x80 parlor with 14x80 milk room and utility room, 14x80 north side addition is for the office, employee room, bathroom and storage area. Building is metal clad, concrete walls and floors,

Double 12 Germania herringbone parlor with ATO, two 4000 gallon Mueller bulk tanks, Delaval 2000 gallon tank and plate cooler. Holding area is 36x69/crowd gate and return alleys. Land, crops, and cattle are all 100% ORGANIC!!

Machine shed is 55x100x14, gravel/dirt floor, sliding doors, and a service door.

Freestall Barn #1(1994) 102x308 6-row w/350 stalls w/water mattresses, alley scrappers and rubber in alleys.

Barn #2 120x700(2016) bedding pack barn(could hold 680 stalls) Tunnel ventilation w/24-72" fans/also stand by generator.

Manure solids are removed with a screw press and moved with conveyor to a 40x40 bedding storage shed. Liquids are pumped to an exterior 3 million gallon clay lined manure pit.

Bunker Silos 160x180 (3-55x160 1- 45x160) concrete walls and floor w/ approach.

Commodity shed is 48x70 concrete walls and floors.

Irrigation pivots in Section 16 and 14

Section 16 has a 4 and 5 tower Reinke pivots, irrigation pump w/ 60 HP electric motor, 500 GPM.

Section 14 has tow 4 tower full pivots and a 3 tower sweep pivot, T & L pivots, Flo Serve pump w/60HP Electric Motor. 500 GPM.

Buildings in SWSW Section 3-24N-9W

34x100 with milk house (12x18).

Machine shed 54x88 1/3 concrete floor and 2/3 dirt floor. Lean to on north side is for cattle and is 20x64, concrete floor waterer, and one outside waterer.

Cattle shed is 50x64x12 1/3 concrete floor w/ outside waterer.

Hay shed 38x60x12 used for storage w/12x60 and 24x48 lean to.(dirt floor)

Newer heifer barn 120x132x14 Insulated curtain sides concrete floor, center drive thru feed alley, bed pack type barn

with 36x24 bedding addition and 8x9 water room.

Buildings in NWSE Section 14-24N-8W

Shed 12x32 wood siding, metal roof, and concrete floor.

House is a larger two story with a two car attached garage on the north side. Shingled roof, vinyl siding, newer windows, fully insulated, LP furnace with central air. There is a kitchen, living room, dining room, three bedrooms, two bathrooms, office, full basement, and some remodeling.

Mobile Home 16x70 3-bedroom 1.5 bathrooms, and LP furnace. (employee housing)

Employee housing was built in 2014, two story with concrete walls and metal roof. Two separate floors and each floor has a kitchen/living room, four bedrooms, bathroom, and LP heat w/central air. (32x32)

House is a two story with a kitchen/dining room, living room, three bedrooms, 1.5 bathrooms, electric heat,shingle roof wood siding, 1/4 basement with stone foundation and dirt floor.
Garage is 24x30, two overhead doors, concrete floor, shingle roof, and wood siding.

House is a large two story house with, additions and has been remodeled over the years including drywall, wiring, plumbing, kitchen, flooring. Main floor has a kitchen, dining room, bathroom, office and entry area. Upstairs has 3-bedrooms, with a bathroom. Basement is partially finished with spray foam insulation. LP furnace and central air, 200amp electric service, 26x30 attached garage. Currently rented for $1,000.00/month plus electricity.
Detached garage is older, 20x22, two car, w/concrete floor.