Public Real Estate Auction
Open House: SUNDAY, JUNE 1 & 8, 2008, 1 - 3 p.m.
Monday, June 16, 2008
Starting at 1:00 PM
Located at: 1520 Grant St., Gary, IN
Directions: LOCATION: 1520–24 Grant St., Gary, IN
From 80/94 take Grant St. exit, go north approx. 1 mile to 15th Ave. to auction location. Building is on left side of street. Watch for "COOKE'S AUCTION" signs.
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Real Estate
Retail space (formerly a flower shop) and income property. This is a multi-unit income property and has 7 apartments. Units with separate access, separate meters, 4 –two bedroom units, 3 – one bedroom units, 1 –unit is handicapped accessible. Retail section in front of building is attached to the 7 units, full basement, and full attic. There are 4 commercial grade refrigeration units & compressors associated with the retail section. Building is 4,350 sq. ft., two land parcels total Lot Size 50x124, parking and storage garage.
Owner: Bob and Emma Defenser
Terms of Real Estate
10% non-refundable down payment on the day of the auction and upon signing a contract to purchase. Balance due at closing. Property sold AS IS. Bidding number is not contingent upon financing. Owner has the right to accept or reject any and all bids day of sale.
A 10% buyer's premium will be added to the last bid to establish the final bid.
All items are sold as is. All information contained herein was derived from sources believed to be correct but are not guaranteed. All statements made day of sale take precedence over printed material.