Parcel 1 – Sale Barn, Home & 5.63 Surveyed Acres
Selling the Rock Island Livestock Auction barn! This is a turn-key business which sells complete with cattle chutes, scales, PA system, office equipment, full kitchen and the list goes on and on. This facility was recently used this spring for a cattle production auction. Other features include a large graveled parking lot, several large pens with concrete, cattle shelter and many large indoor holding & sorting pens. Other improvements include a home with 2-car attached garage.
Although this facility has been used as a livestock market, it also has other business possibilities with it’s ideal location and railway which runs along the entire west side of the property.
Sale barn operators, ranchers, farmers and investors…Be sure to check out this unique tract of real estate—these types of property seldom come up for sale.
Parcel 2 – Commercial Building & .86 Surveyed Acres
Selling large commercial building with full access along 34th Street. The front of the building has walk-through doors with office area and a large roll-up door to the west. The main part of this facility consists of a large open area which can be used for multiple types of businesses.
Method & Terms
Both parcels have recently been surveyed and the subdivision has been approved and signed by the city officials. Both parcels will be sold for a lump sum total dollar amount. 10% of the bid price will be due on the day of the auction, with the balance due in approximately 45 days on (or before) Monday, August 13, 2018.
Immediately following the auction, the successful buyer will enter into a written purchase agreement with the seller. Title Insurance in the full amount of the purchase price will be provided by the seller. The 2017 real estate taxes, due in 2018, will be paid by the seller. The 2018 real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing.
All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.
David Porth – Owner
ROCK ISLAND LIVESTOCK AUCTION
ROCK ISLAND, ILLINOIS
Representing Attorney: Samuel J. Skorepa
Lane & Waterman LLP • 220 N. Main St. • Suite 600
Davenport, IA 52801 • (563) 333-6646
Auction Manager: Michael Sullivan (309) 333-0916