PUBLIC AUCTION
OF GALESBURG, ILLINOIS RESIDENTIAL/COMMERCIAL
REAL ESTATE

LEGAL DESCRIPTION: Lot Twenty-five (25), except the South 220.56 feet thereof, in G.A. Nelson‘s Subdivision of Lots One, Fifteen, Sixteen and Eighteen of Block Two in Hyde Park Addition to the City of Galesburg, Knox County, Illinois.

PROPERTY DESCRIPTION: This property is zoned B1 Residential/Commercial and is located in an active business area along Henderson St. It consists of a nice lot that is improved with a 2 story frame home and 2 car garage. The house has 3 bedrooms, a full basement, some hardwood floors, 1 1/2 baths and a stool in the basement, a Rheem natural gas furnace, central air, vinyl siding and other nice features. The house does need total redecorating. There is a 2 car garage with 1 auto. door opener. This property has numerous possibilities both for residential and for commercial. It is very well located and if you are looking for a good real estate investment in Galesburg, you will want to attend this auction.

TERMS OF SALE: The successful bidder will be required to enter into a written agreement of purchase and pay 10 percent of the total amount bid on the day of sale. The balance of the purchase price will be due and payable, in full, on or before March 28, 2005, at which time the deed evidenced by an owner‘s title insurance policy in the amount of the purchase price and possession shall be delivered to the purchaser. The 2005 real estate taxes will be pro-rated to date of closing. The sale is subject to the seller‘s approval. Any announcements made on the day of sale shall supercede any previously advertised terms or conditions. For further information or inspection of the property, contact any of the undersigned.