COMMERCIAL REAL ESTATE AUCTION ~ Thursday, December 3 ~ 5:00 P.M.

AUCTION LOCATION:  206 Chestnut Street, Kewanee, IL

The Commercial Building known as the former Boiler Room Bar & Grill in Kewanee, IL will be offered at auction (both online and live). 

OPEN HOUSE:  Wednesday, November 25 / 5 to 7 p.m.

Additional Photos

Inventory List

Located on the main thoroughfare of Kewanee, IL, this bar/restaurant is completely furnished and ready for an enthusiastic and ambitious owner.  This business features a large u-shaped bar and seating area; large kitchen and an additional prep area; remodeled bathrooms; plenty of storage including the very spacious basement.  An updated outdoor area with seating, bar and a stage for entertainment is an additional attractive amenity.  This is a must see property.  PIN #’s (200 – 206 North Chestnut St) 20-33-177-031, 20-33-177-011, 20-33-177-013, 20-33-177-012.  Contact Stenzel Auction at 309.937.1444 for an appointment.  Visit our website at www.stenzelauction.com for additional photos.

Terms:  The successful bidder will be required to enter into a standard real estate purchase contract with 10% of the purchase price due immediately following the auction payable to the Massie & Quick, LLC Trust Account.  The balance will be due and payable on or before closing (by December 31, 2020)  The purchase contract is available for viewing by contacting Massie & Quick, LLC, 115 NW 3rd Ave., Galva, IL (309) 932.2168  #2.  The 2019 real estate taxes, due in 2020 were be paid by the seller.  The 2020 real estate taxes will be prorated to the date of possession (2019 taxes were $10,119.32).  #3.  The seller shall provide a title insurance policy in the amount of the purchase price of the subject property.  #4.  The property is being sold in an “As Is, Where Is” condition, with no warranties of any kind.  Stenzel Auction Service, Inc. serves solely as agent for the Estate and assumes no liability of any kind in connection with any property being sold. All information is believed to be accurate.  However, all prospective buyers are strongly urged to thoroughly research all pertinent data to draw their own conclusions.  #5.  Any of the above terms of sale may be modified by announcements made on the day of sale.  The seller has the right to accept or reject any or all offers.  For information on the property contact our business office by email at info@stenzelauction.com or by phone at 309.937.1444.  For viewing of property, please call Stenzel Auction. 

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