(Bid-$1) Single Family House South-West of Chicago

 No past due property taxes from previous years
The buyer responsible for taxes due this year

Yearly Taxes $701.58

No HOA or other yearly expenses

Zillow Rent Estimate: $920/Month

Selling “As-is”:
The seller owns the property outright.  The Winning Bidder will become the 100% owner of the property. This bid is for 100% of the purchase price of the property. The seller will issue a quitclaim deed. This property will be sold to the winning bidder.

The seller is selling “As-is” and has not done any inspection of the property. House should not be considered move-in ready. House may need a lot of work. House is Vacant.

Property Description:
Address: 513 E. 2ND ST.
MAQUON, IL 61458
Bed: 3
Bath: 1
Lot Size: 0.17 Acres
Owner: New Chicago Investments LLC (An Indiana LLC)
Real Estate Type: House
Parcel ID: 19-04-228-006

County:Knox
Past due taxes = $0 (Zero)

Buyer pays = Winning bid +$500 for document processing + 10% of purchase winning bid as buyer premium ($100 Min).

Property Taxes:
There are no past-due property taxes from 2022 or earlier. The buyer is responsible for paying the property taxes that are due in 2023 (2022 pay 2023) (Screenshot attached). These taxes do not need to be paid at the time of closing. The buyer can pay the taxes directly to the county at a later date.

 

Mode of Payment:
The mode of payment is a wire transfer. No credit card payments.