($1-Bid) (No Reserve) Approx 19,000 Sq Ft Hotel Building Near Lake Shelbyville Marinas, Resorts, Campgrounds, and State Parks

Property Taxes: $1196/Year

No Reserve. The winning bidder will buy the property. Payment is due in 2 business days after the auction ends. 

Selling "As-is"
The property is being sold 'As-is' without any inspection by the seller. Property may require significant work. The seller will issue a quitclaim deed making the winning bidder the 100% sole owner of the real estate. 

Property Details:
It appears that this property was formerly a hotel and is located near Lake Shelbyville, close to marinas, resorts, campgrounds, and state parks. For more information about Lake Shelbyville, visit Lake Shelbyville Attractions and check out the Video Tour of Lake Shelbyville.

The building's size is approximate, as we were unable to find exact measurements online. We estimated the size based on satellite images (see attached screenshot) and multiplied it by three, assuming the building has three floors based on the pictures. However, this estimation should not be considered a warranty from the seller regarding the building's size. 

The seller has never visited the property and is unaware of its current condition. Please assume the property is in poor condition and make sure to visit the site before placing a bid.

Address: 203 S. WASHINGTON ST., SHELBYVILLE, IL
Lot Size: 15200 Sq Ft
Building Size: Approximately 19000 Sq Ft
Owner: Fountain Investments LLC (An Indiana LLC)
Parcel ID: 2013-18-08-203-001
County: St. Clair

Property Taxes:
The buyer is to assume the responsibility for property taxes due in 2024 (2023 pay 2024) of $1196. These taxes are not due at the time of closing and can be paid directly to the county at a later time. Yearly property taxes are $1196.

Mode of Payment:
The mode of payment is a wire transfer. No credit card payments. Payment is due in 2 business days after the auction ends.