Online Only Auction - Commercial Office Building

Online Only Auction - Commercial Office Building

Date Ending: Tuesday, April 21^st, 2026, at 10am CT

Property Address: 607 E Lyons St. Marissa, IL 62257

Property Viewings: Thursday, April 9th from 4-5pm

Commercial office building with 1,657 sq.ft. consisting of a waiting room and 5 offices. Previously used as a dental office, the space has been well maintained and is ready for a variety of business opportunities. There is also another building on the property for some added income. Whether you are looking for a place for your business or looking for commercial space to lease out. Contact us today for more information about the auction terms or to schedule a viewing prior to the auction.

• Age of the Building: 1960
• Square Footage: 1,657 (source: County Records)
• Lot Size: .27 Acre
• Heating: Electric
• Cooling: Electric
• Water Heater: Electric
• Roof: Shingled
  • Water ~ Marissa
  • Sewer ~ Marissa
  • Electric ~ Ameren
  • Gas ~Ameren
• School District(s): Marissa CUSD 40
• Drive Times:
  • 29 miles from Scott Air Force Base
  • 31 miles from O’Fallon
  • 10 miles from Sparta
• Room Dimensions:
  • 4 Clinic rooms:
    • 12.2’ x 11.3’
    • 11.11 x 11.2
    • 11.10 x 11.2
    • 11.6 x 11.2
• Waiting Room  14.2’ x 13.6’
• 2 Offices
  • 11.7’ x 13.1’
  • 10.1’ x 11’

Title Company: Town and Country

Financing: Cash & Conventional

Directions:  North side of Route 13 in Marissa

Legal Description: Deed to govern.

Parcel(s):

• 21-22.0-404-016 - (2024) Taxes: $721.44
• 21-22.0-404-028 - (2024) Taxes: $3,063.10

AUCTION TERMS & CONDITIONS

Bidding Information

• Bidding Starts: April 7, 2026 @ 12pm
• Bidding Ends: April 21, 2026 @ 10am
• This is an internet-only auction — all bidding takes place online. The property is being sold AS-IS, WHERE-IS. The Seller reserves the right to accept or reject the high bid.
• The auction will utilize a soft close feature beginning 5 minutes before the scheduled end time. If a bid is placed within the final five minutes, the countdown will reset to 5 minutes, allowing additional time for new bids. This process continues until no new bids are placed for a full 5-minute period. The purpose of the soft close is to ensure fair opportunity for all bidders.
• Bidders are encouraged to refresh their screens frequently to ensure accurate timing and bid status updates.

Max Bidding

Bidders may enter a maximum bid at any time. The system will automatically bid on your behalf up to your maximum amount:

• If an existing max bid is lower, your bid will jump to that amount and increase by one bid increment.
• If another bidder has already entered the same max bid, priority is given to the bid placed first (by timestamp).

You are the leading bidder if your item screen is outlined in GREEN or shows your bidder number followed by “(you).” If your max bid has been reached and another bidder remains in the lead, your screen will display RED.

⚠️ Note: Property Peddler Inc. is not responsible for any bidder’s misunderstanding or misuse of the max bidding feature.

Bidders should maintain a reliable internet connection. Lag or poor connectivity may result in inaccurate bid status. If you are unsure about your internet reliability, arrangements can be made to bid from one of our offices—please contact the auctioneer in advance.

Registration

• It is recommended that bidders be pre-approved at least 24 hours before the auction closing. Questions? Call Property Peddler Inc. at (618) 473-2500.
• Proper and complete registration is required to bid. All bidders must provide their name, address, phone number, and email address. To complete registration, Property Peddler Inc. requires a copy of a valid state ID, which can be emailed to info@propertypeddler.com or will be requested by a team member before approval.
• By registering, all bidders acknowledge that they have read and agree to be bound by these Auction Terms & Conditions.
• Auctioneer reserves the right to refuse registration or bidding privileges at their sole discretion. Early registration is encouraged to receive updates and notifications regarding any auction changes.

Contract: Winning bidders will sign the Property Peddler Auction Sales Contract immediately after the sale, either in person or electronically.

Money: The approved high bidder will pay 10% as earnest money on the day of the sale, to be deposited with Town and Country Title Company. Any stop payment or returned check marked “insufficient funds” will be considered evidence of fraudulent intent and treated accordingly.

Closing: Closing shall occur on or before May 21, 2026

Closing Costs: Buyer shall pay the purchase price plus customary closing costs, which may include, but are not limited to:

• Escrow/closing fees
• Recording fees
• Prorations
• Title document fees (e.g., later date charges, wiring fees, etc.)
• Any fees associated with buyers loan process

Title Company: Town and Country

Taxes: Real estate taxes will be prorated to the date of closing.

Mineral Rights: Any owned mineral rights will transfer with the property. No mineral search has been performed. It is assumed that some or all mineral rights may have been previously detached.

Possession: Possession will be granted at closing.

Financing: Bidding is not contingent on financing or appraisal. Buyers should make all financing arrangements prior to bidding.

Survey: No Survey -  selling by legal description

Disclaimer & Absence of Warranties

• Subject to prior sale and all easements, covenants, and restrictions of record.
• Property is sold AS IS, WHERE IS without warranty or representation, express or implied.
• Information provided is believed accurate but not guaranteed. Acreages, boundaries, and figures are approximate.
• Each bidder is responsible for conducting their own due diligence, including inspections, investigations, and verification of information.

Property Peddler Inc. and the Seller assume no liability for errors, omissions, or inaccuracies in any printed or digital materials.

Bidding Conduct

• Bidders are responsible for ensuring the Auctioneer is aware of their bids.
• Property Peddler Inc. disclaims liability for missed, unexecuted, or unaccepted bids.
• Bidders must confirm they are bidding on the correct item and at the intended amount.
• The Auctioneer’s decisions are final.
• All announcements made the day of the auction take precedence over previous printed or spoken information.
• The Auction Company or Staff of the Auction Company reserves the right to bid and to cancel or postpone the auction if deemed necessary.

Property Peddler Inc., its staff, and agents act exclusively as agents for the Seller in this transaction.

Auction Held with Auctioneer/Broker Brad Chandler of Property Peddler Inc. 618-221-5727

Auctioneer Brad Chandler, IL Lic. # 441.002105, Broker License # 475.16227 Property Peddler Inc. IL Lic. # 444.000622

Useful Documents

• #3-2D Floor Plan for 605 East Lyons Street (3)
• GIS_21220404016
• GIS_21220404028
• 932_Disclosure