Commercial Property Online Only Auction

Commercial Property Online Only Auction

Bidding opens Friday, April 10

Bidding begins to close Thursday, May 28 at 8pm CT

Marion IL 62959

Property Inspections: By Appointment Only - Call/Text Auctioneer Wayne Keller - 618-407-1679

Property Addresses: See below under Lot descriptions.

Here is a chance to pick up property in a growing part of Marion IL before prices explode in this area. All 10 lots are in a TIF district in the heart of Marion IL laying 1 ½ blocks North of KFC, catty-corner from the Aldi Store, 1 block East of Kroger and 3+- blocks East of Loves Travel Stops. Lot 1 is zoned Multi Family Residential; all others are zoned commercial.  Lots 1, 4, 5 and 6 have rental homes. Six lots have frontage on North Russell Street.  Two of these lots are corner lots with frontage on West Mack Avenue.  Three have frontage on Scottsboro Road and 2 have frontage on Natchison Avenue. See the interactive map below to check out the location.

LOT 1

•              1607 North Russell Street, Marion IL 62959

•              1084+- sq ft, 2-bedroom, doublewide with carport and patio

•              1.25+- acres

•              Parcel #06-12-378-006

LOT 2

•              1505 North Russell Street, Marion IL 62959

•              Empty lot

•              4.85+- acres

•              Parcel #06-12-378-005

LOT 3

•              1504 North Russell Street, Marion IL 62959

•              Empty lot with frontage on North Russel Street and West Mack Avenue

•              Approximate size of lot is 190’ x 205’

•              Parcel #06-13-103-008

LOT 4

•              1408 Russell Street, Marion IL 62959

•              Corner lot – North Russell St and West Mack Avenue.

•              1008+- sq ft with 112+- enclosed front porch

•              12 x 24+- sq ft garage and detached carport

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-001

LOT 5

•              1404 Russell Street, Marion IL 62959

•              1200+- sq ft with a 308+- sq ft enclosed porch

•              Detached 24 x 24+- garage

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-002

LOT 6

•              1402 Russell Street, Marion IL 62959

•              1107+- sq ft, 2-bedroom home with 189+- enclosed porch

•              Detached 24 x 39 garage. NOTE: Garage encroaches into alley.

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-003

LOT 7

•              Corner lot with frontage on North Russell Street and Scottsboro Road

•              Empty lot

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-004

LOT 8

•              1504 Scottsboro Road, Marion IL 62959

•              Empty lot

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-005

LOT 9

•              1502 Scottsboro Road, Marion IL 62959

•              Empty lot

•              Corner lot with frontage on Scottsboro Road and Natchison Avenue

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-006

LOT 10

•              Frontage on Natchison Avenue, Marion IL 62959

•              Empty lot

•              Approximate size of lot is 180’ x 180’

•              Parcel #06-13-104-007

PROCEDURE:

•              Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion.

•              Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements at least 24 hours before close of auction.

•              Opening bid per LOT is $30,000. Bid increments $2500 per LOT.

•              Bidding will be on a PER LOT basis – Flat Bidding – Not eBay style.

•              BIDDING OPENS FRIDAY, APRIL 10, 2026 and will be available until 8:00 PM CST THURSDAY, MAY 28th, 2026, subject to bid extensions (Soft Close).

•              Bidders may bid on mutable tracts individually until the auction closes. However, at 7:30 PM on May 28th multiple tract bidding will be opened giving the bidders the ability to combine multiple tracts into a single bid. Single tract bidding will remain open until the auction closes. If more explanation is needed, please call the auctioneer.

TERMS & CONDITIONS:

•              NO BUYER'S PREMIUM.

•              SALE SUBJECT TO CONFIRMATION OF SELLER(S).

•              NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.

•              ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.

•              REAL ESTATE TAXES: Pro-rated to day of closing.

•              SURVEY: No survey provided.

•              MINERAL: All owned will transfer, if any.

•              CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co Trust Account. The balance of the contract purchase price is due at closing. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.

•              TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Policy, a proper deed conveying merchantable title to the real estate to the Buyer(s) and tax transfer stamps. Buyer will pay the deed recording, and fees associated with mortgage/financing. Title company's closing fee will be split equally by Buyer and Seller. Title will be provided by Title Professionals, Inc., Marion IL.

•              CLOSING: Closing shall occur within 60 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

•              POSSESSION: Upon Closing.

•              AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller.

•              The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is".

•              AUCTIONEER: Wayne Keller, IL Lic #441.002475, 618-407-1679.