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1300 Lebanon Road

Collinsville, IL 62234
$20,000
Photo of 1300 Lebanon Road Collinsville IL 62234

Details

Price listed is Starting Bid Only. Bidding starts closing 1/29/2025 @ 5:30 p.m. Calling all investors! 3.02± acres zoned M-1 Industrial located directly off Lebanon Road in Collinsville, IL! The property is situated within an industrial area and located less than 1 mile off IL Rte. 159 just minutes from the I-55/I-70 exchange and I-255. All public utilities are available near the property and need to be installed by the new owner. In addition, the property benefits from approximately 320’ of road frontage off of South Mulberry Road and is near other locally established businesses! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Seller will be responsible for 2024 taxes in 2025. Buyer will be responsible for all of 2025 taxes.

Specs

Type Commercial
Lot Size 3.02 acres

Lots & Building Features

Construction Other
Cooling None
Heating None
Parking Description None
Sewer Not Connected
Tax Year 2023
Water In-Not Connected
Lot Dimensions IRR

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Financing

$
20%
0%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Collinsville
County Madison-IL
Subdivision Not in a subdivision
Adam Jokisch, Adams Auction & Real Estate Se