Willy's Pub and Grub Real Estate Auction

Online Only Auction

Cory Craig, Auctioneer

2404 W. St. Louis Ave. (Rte 140)

Vandalia, IL

Date(s) 2/27/2024 - 3/28/2024

”STARTS: Tues. Feb. 27 @ 6:00 P.M. ENDS: Thurs. March 28 @ 6:00 P.M. OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M.

Past Auction

Online-Only Auction

Shipping Not Available

Catalog

View Catalog (1 Lots)

Bidding Notice:

TERMS & CONDITIONS:10% down at close of auction. Balance due and possession at closing on or before Mon. April 29, 2024. Buyer(s) will be required to enter into a written contract at the close of the auction. Advanced Title Group of Taylorville, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to ... Show More

Auction Information

Name	Willy's Pub and Grub Real Estate Auction
Auctioneer	Cory Craig, Auctioneer
Type	Online-Only Auction
Date(s)	2/27/2024 - 3/28/2024
Auction Date/Time Info	”STARTS: Tues. Feb. 27 @ 6:00 P.M. ENDS: Thurs. March 28 @ 6:00 P.M. OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M.
Preview Date/Time	”STARTS: Tues. Feb. 27 @ 6:00 P.M. ENDS: Thurs. March 28 @ 6:00 P.M. OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M.
Checkout Date/Time	”STARTS: Tues. Feb. 27 @ 6:00 P.M. ENDS: Thurs. March 28 @ 6:00 P.M. OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M.
Location	2404 W. St. Louis Ave. (Rte 140) Vandalia, IL
Buyer Premium	5% Buyer's Premium
Description	Willy’s Pub & Grub Auction 2404 W. St. Louis Ave. (Rte 140) Vandalia, IL “ONLINE BIDDING ONLY ”STARTS: Tues. Feb. 27 @ 6:00 P.M. ENDS: Thurs. March 28 @ 6:00 P.M. OPEN HOUSE: Mon. March 18 & 25, 1:00-2:00 P.M. REAL ESTATE: (Bar-Grill-Gaming )Turn key operation! Open Daily !Building, Equipment, Fixtures & All Inventory .Approx. 3,600 sq ft Building Bar Area w/ like new equipment, Dining Room, Stage w/ Dance Area, Men & Women’s Restrooms (updated & clean), Gaming Room, Kitchen- fully equipped w/ like new equipment, office w/ TV for security system, Portable Shed behind building for smoking area. Building has natural gas forced air furnace & central air conditioning, asphalt shingled roof, front enclosed foyer. Situated on 3/4 + acre land (0.86)Front & Rear Parking. Monthly Expense:Electric- $650- 1,000Gas-$150-200I nsurance- $354.91 Dumpster- $116.50 Internet- $133.32TV- $194.99 Gaming Income 2023 $55,447.27 (public knowledge under Illinois gaming) $3,171.00- pool table, juke box & dart machine(All gaming equipment owned by J & J Equipment) *Real Estate Taxes:$1,321.80 PIN: 18-14-18-477-004 TERMS & CONDITIONS:10% down at close of auction. Balance due and possession at closing on or before Mon. April 29, 2024. Buyer(s) will be required to enter into a written contract at the close of the auction. Advanced Title Group of Taylorville, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Five (5) percent buyers premium will apply to the high bid to establish a contract bid. AUCTIONEER’S NOTE:Here is a very nice clean operation. Majority of equipment is next to new. Building has been well maintained w/ many updates.This is a must see commercial real estate auction. Great Investment!Great Income! Good Location that is annexed into city of Vandalia.Mark your calendar and plan to attend open house.-CORY Register to bid, view catalogue & terms @ corycraig.hibid.com

Terms and Conditions

DEBT COLLECTION and INTEREST CHARGES The bidder agrees to pay all reasonable attorney fees and other costs incurred by Cory Craig, Auctioneer, in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due Cory Craig, Auctioneer. Any debt collection or dispute proceedings will be heard in Christian County, Illinois

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	100.00 USD

Payment Information

Currency	USD
Buyer Premium	5% Buyer's Premium
Payment Terms	TERMS & CONDITIONS:10% down at close of auction. Balance due and possession at closing on or before Mon. April 29, 2024. Buyer(s) will be required to enter into a written contract at the close of the auction. Advanced Title Group of Taylorville, IL will handle all title work and closing. Real Estate sold “AS IS”, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Five (5) percent buyers premium will apply to the high bid to establish a contract bid.AUCTIONEER’S NOTE:Here is a very nice clean operation. Majority of equipment is next to new. Building has been well maintained w/ many updates.This is a must see commercial real estate auction. Great Investment!Great Income! Good Location that is annexed into city of Vandalia.Mark your calendar and plan to attend open house.-CORY

Shipping / Pick Up

N/A

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.