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Multi-family 2 unit house

1127 N 8th St, Quincy, IL 62301, USA
$48,000/575

Description

Selling on  Monday October 30th at 6:00 p.m. 1127 N. 8th Quincy, IL.  Lower unit has 2 bedrooms, 1 bath, living room, kitchen, front enclosed porch, laundry, enclosed back porch with some updated windows, separate utility meters, ceiling fans, hardwood floors, and is currently rented for $550.00 plus $25.00 per month for one side of the garage.  All appliances convey including range and newer refrigerator in lower unit.  Gas fired furnace replaced for both units in 2005 and Central air units in 2010.  Hot water heater replaced in 2005.

The upper unit has 2 bedrooms with an “other” room that has been used for a bedroom, living room, kitchen, bath, with laundry in the basement.  The upper unit has some replacement windows some new flooring,  a large living room, and 2 separate entrances, one on the side and one in back.  All appliances convey. This unit is currently vacant.

Both lower porch roofs have been replaced.   The 2 car garage rents for $25.00 per side with one side rented and one side vacant.

TERMS:  REAL ESTATE SELLS WITH RESERVE. THE REAL ESTATE SELLS “AS IS “ WITH NO WARRANTIES. CASH OR GOOD CHECK WITH VALID I.D. THE SUCCESSFUL BIDDER WILL PROVIDE 10% DOWN OF THE PURCHASE PRICE OR $5,000 AND IS NON REFUNDABLE.  THE SALE OF THE REAL ESTATE IS NOT CONTINGENT ON THE BUYER’S ABILITY TO FINANCE, APPRAISAL, INSPECTIONS, OR SURVEY’S. THE SELLER WILL PROVIDE GOOD TITLE. THE TAXES WILL BE PRORATED. THE BALANCE OF THE PURCHASE PRICE WILL BE DUE AT CLOSING WHICH WILL BE IN 30 DAYS OR LESS. POTENTIAL BUYER’S MUST PROVIDE A LETTER OF QUALIFICATION FROM THEIR FINANCIAL INSTITUTION STATING THAT THEY ARE QUALIFIED TO BUY REAL ESTATE WHETHER BY FINANCING OR CASH (PROOF OF FUNDS) TO BID AT THE AUCTION. THE PROPERTY SELLS WITH RESERVE.

This 2 unit can be purchase before the auction with an acceptable offer.

 

Open House dates:  Sunday Oct. 15th from 1-3 p.m and Thursday Oct. 19th from 4-6 p.m. or by private appointment. The lower unit that is occupied needs 24 hour notice on showings.

CORNERSTONE AUCTION & REALTY, INC.
217-242-3388
JEFF OBERLING, MANAGING BROKER
Information Herein Is Believed To Be Accurate But Not Warranted. All Measurements Are Approximate And Should Be Verified By The Buyer. Not Responsible For Accidents.

  • City: Quincy
  • State/county: Illinois
  • Country: United States

Detail

Updated on November 4, 2017 at 4:49 pm

  • Price: $48,000/575
  • Bedrooms: 4
  • Bathrooms: 2
  • Garage: 1
  • Garage Size: 2 car
  • Year Built: 1861

Contact info

Jeff
Jeff
217-242-3388
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