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Attention Investors
Watch this Listing
Listing ID: 120743 
Status: Ended
503 North Center Street ~ Collinsville, IL Multi-Family 2-4 | Urban Residential
Current Bid: $35,000  (Reserve Met)
Number of Bids: 37 Bid History
High Bidder: Jerod
Bidding Opens: Dec 04, 2022 3:00 PM
Bidding Ends: Dec 11, 2022 3:27 PM  (Central)
Starting Bid: $15,000
Contact: Bill Scaturro
See Terms Below for Bidding Instructions
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms

Contact Information
Contact Type: Listing Agent/Auctioneer
Contact Name: Bill Scaturro
Agency Name: The Auction House Company
Contact Phone: 618-344-3545
Showings: On Lock Box

Address Information
Street Address: 503 North Center Street
City: Collinsville
County: Madison County
State/Province: IL
Postal/ZIP Code: 62234
Country: United States
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Property Information
Property Type: Multi-Family 2-4
Category: Urban Residential
Square Footage: 1,120 (Approximate)
Lot Size: 116 x 60
Year Built: 1920
Taxes: $2,934
MLS/FMLS ID: 22075752

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Bidding History
BidderBid AmountBid TimestampAuto-Bid
Change page: < 1 2 >  |  Displaying page 1 of 2, items 1 to 20 of 37.
Jerod $35,000 Sun - Dec 11, 2022 03:25:12 PM
Kelli$34,500 Sun - Dec 11, 2022 03:24:26 PM
Jerod $34,000 Sun - Dec 11, 2022 03:22:48 PM
Kelli$33,500 Sun - Dec 11, 2022 03:21:29 PM
Jerod $33,000 Sun - Dec 11, 2022 03:21:00 PM
Kelli$32,500 Sun - Dec 11, 2022 03:19:32 PM
Jerod $32,000 Sun - Dec 11, 2022 03:18:16 PM
Kelli$31,500 Sun - Dec 11, 2022 03:18:02 PM
Jerod $31,000 Sun - Dec 11, 2022 03:16:04 PM
Kelli$30,500 Sun - Dec 11, 2022 03:15:48 PM
Jerod $30,000 Sun - Dec 11, 2022 03:13:53 PM
Kelli$29,500 Sun - Dec 11, 2022 03:12:13 PM
Jerod $29,000 Sun - Dec 11, 2022 03:11:40 PM
Kelli$28,500 Sun - Dec 11, 2022 03:10:39 PM
Jerod $28,000 Sun - Dec 11, 2022 03:10:23 PM
Kelli$27,500 Sun - Dec 11, 2022 03:10:14 PM
Jerod $27,000 Sun - Dec 11, 2022 03:08:14 PM
Kelli$26,500 Sun - Dec 11, 2022 03:07:59 PM
Jerod $26,000 Sun - Dec 11, 2022 03:06:34 PM
Kelli$25,500 Sun - Dec 11, 2022 03:05:55 PM

----- No Questions -----

  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted.
  3. Highest bid is subject to seller approval.
  4. A 15% Buyers Premium will be added to the final bid price as a buyers premium on the property.  Earnest money deposit of $1,000 shall be held at title company handling the closing.
  5. All bids are placed in US Dollars.
  6. Earnest money and buyers premium are nonrefundable and due within 1 day of auction close.  Buyer's premium may be paid at Closing, if needed.  Winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount and based on the terms described here.
  7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  8. The bidding will be open and everyone will have access to the bid history during the auction.
  9. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  10. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  11. The high bidder will be notified via email after the auction ends.
  12. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  13. Sale is “as-is”, "where-is". Seller will not fix anything.  Property sells with no contingencies.
  14. All inspections, surveying, due diligence are the sole responsibility of the buyer.
  15. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
  16. Winning bidder may, at their option and expense order a title examination and insurance.
  17. Seller will include the following personal property in the sale: restaurant equipment, bldg supplies to rehab Rec Room, & linens in the cabins.
  18. Seller will exclude the following real property from the sale: None
  19. All Sales are Final.
Buyer Premium: 15.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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