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Fax: (309) 674-8940 email: cottenauctions@aol.com |
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FORECLOSURE REAL ESTATE AUCTION |
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IN THE CIRCUIT COURT OF THE TENTH JUDICIAL CIRCUIT OF ILLINOIS PEORIA COUNTY
ASSOCIATED BANK ILLINOIS, N.A., Plaintiff, CASE # : 06 CH 307 PUBLIC NOTICE OF FORECLOSURE SALEPUBLIC NOTICE IS HEREBY GIVEN that pursuant to a Judgment of Foreclosure and Sale entered in the above cause on April 18, 2007, Joseph Cotten of Cotten Commercial Auctioneers, Inc., commencing at 9:00 AM on December 6, 2007, in the warehouse of the building located at 5407 E. Rome West Rd., Chillicothe, Illinois, will sell at public auction to the highest bidder for cash, as per terms set forth below, the following described real estate: Lots 9 and 10 in Romance Farms, a part of Lot 3 and Lot 5 of Underhill’s Subdivision of Rome Farms in Sections 5, 6, and 7, Township 10 North, Range 9 East of the Fourth Principal Meridian, according to the plat thereof recorded on May 11, 1948, in Plat Book “T”, page 44, in Peoria County, Illinois. Tax I.D. Nos.: 10-06-429-006 and 10-06-429-007.Common Address: 15606 N. Vonachen Dr. and 5407 E. Rome West Rd. Chillicothe, Illinois 61523; the real estate consists of a C-2 Commercial zoned 11,280 s.f. structural steel warehouse with offices building on a parcel of land with 180' frontage on Rome West Road and 195.5' frontage on State Highway 29.TERMS OF SALE: The successful bidder will be required to place 20% down of the highest bid by certified funds at the close of the auction; the balance in certified funds by 3:00pm, December 27, 2006. The properties are subject to general real estate taxes, special assessments, easements and restrictions of record, zoning laws, municipal ordinances, or special taxes levied against said real estate and is offered for sale without any representation as to quality or quantity of title and without recourse to Plaintiff and in “AS IS” condition. The sale is further subject to confirmation by the Court. Upon payment in full of the amount bid, the purchaser will receive a Certificate of Sale that will entitle the purchaser to a judicial deed to the real estate after confirmation of the sale by the Court. The properties may be inspected by contacting Joseph Cotten at (309) 686-0558. Plaintiff makes no representation as to the condition of the properties. Prospective bidders are encouraged to check the court files to verify all information. It is advised that interested parties consult their own attorneys before bidding at foreclosure sales. Attorney for Plaintiff: VanFleet & Ohaver, LLC, 245 N.E. Perry St, Peoria, Illinois 61602 Telephone (309) 672-2200 For Information or to preview real estate - contact Joe Cotten, Cotten Commercial Auctioneers, Inc. PO Box 9606, Peoria, Illinois 61612 Telephone (309) 686-0558 |
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Auctioneer's Note: The offices in the building were recently remodeled with new oak finish doors and mouldings throughout. The warehouse area is structural steel with a 14’ eave height, is insulated, has a 4’ truck dock, a drive in door, and has 120/208v-3ph power. The building also has two restrooms in the warehouse and two restrooms in the office area and is equipped with a cellular repeating tower. The property is zoned C-2 Commercial. The original building was constructed in 1980 with a warehouse addition in 1990. There is 13,700 daily traffic count on the State Hwy 29 frontage. 2006 Real Estate Taxes are $5,958.02 and are unpaid. To preview real estate - contact Joe Cotten, at 309.686.0558 |
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Fax: (309) 674-8940 email: cottenauctions@aol.com |
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Cotten Commercial Auctioneers, Inc. Registered Illinois Real Estate Broker Corp. Illinois License #444000115 |
Cotten Real Estate Established 1950 |
Cotten Commercial Auctioneers, Inc. Indiana License #AC30300095 |
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Joe Cotten - Registered Illinois Auctioneer License #441000209 and Real Estate Broker *Peoria's only licensed Auctioneer with a Real Estate Broker License |
Cotten Auctions Established 1978 |
Joe Cotten - Registered Indiana Auctioneer License #AU10300141 |