100 Eastgate Drive

Danville, IL, 61834, United States

Property ID: #31063 // COMMERCIAL
67500 ft²
10.5 +/- acres
- beds
- baths
  • Address
    100 Eastgate Drive
  • City
    Danville
  • State
    IL
  • Zip
    61834
  • Country
    United States
  • Municipality
    Danville Township
  • County
    Vermilion
  • Property Type
    Commercial
  • Additional Types
    Commercial, Office, Warehousing
  • Parcel Number
    23-12-451-030
  • Lot Size
    10.5 +/- Acres
  • Square Feet
    67,500
PROPERTY INFORMATION

Excellent 67,500 sq. ft., single-story industrial facility with a two-story 5,118 sq. ft. office on 10.5 +/- acres. The office includes approx. 3,868 sq. ft of air-conditioned office including four private offices, conference room, IT room, kitchenette, and large open accounting areas; one 1,250 sq. ft. shipping office. Also included in this facility is a 100% sprinkler wet system throughout the entire plant, a 40,974 sq. ft. dry warehouse, and a 21,408 sq. ft. freezer/cooler. Adjacent lot available with 5 acres and rail.

DIRECTIONS

Conveniently located between Interstate 74 and Highway 136 near the Illinois and Indiana border.

DISCLAIMERS & AGENCY DISCLOSURE
  • Buyer's Fee: 0%
  • Earnest Money: 5% of the negotiated purchase price/successful high bid or $500, whichever is greater.
  • Brokers and Agents are fully protected and encouraged to participate.
  • RealtyHive & Micoley.com, LLC are licensed auction firms performing auction and auction marketing services as part of this transaction.

Read More...

Tips for Buying a Home

So you’ve decided to buy a home? Congrats, that’s great!
Here are some great tips to get you on your way to home ownership.

1. Determine Your Budget & Save

Take into account the average down-payment is 10%. 10% is not required, but the loan amount and approval will fluctuate depending on the percentage you put down. Determine how much you can pay for your monthly mortgage. Outline your expenses and be honest with yourself about what you can reasonably afford. Also, ask yourself what happens if you lose your job? Or if you’re part of a couple, what happens if your spouse loses their job?

2. Secure a Loan

Once you’ve got your budget in order, it’s time to go shopping for a loan. Visit multiple lenders to weigh your options and find the best deal. Each bank will determine if you are eligible and at what interest rate you will be charged. based on your financial situation. Make sure to ask questions such as what the breakdown of the monthly payments will be once you have made your down payment, how the loan term will affect your monthly payments, whether or not the interest rate is fixed or variable, if home insurance or any other services are included within the home purchase amount.

3. Be Prepared

Have a current Pre-qualification letter and good faith deposit funds available. Technology makes it easier than ever for your real estate agent to draft and transmit a purchase offer back and forth for your signatures. But, this is only one piece of the puzzle. You also need a current pre-qualification letter, and ready access to your good faith deposit. This can be obtained from the bank and confirms their willingness to give you a loan. Most sellers won’t accept a letter that’s more than three months old. If your home search lasts for more than three months, you’ll need an updated pre-qualification letter. When you submit your offer, it must include a check for the good faith deposit. Generally, good faith is at least 3% of the purchase price. This check will be deposited into an escrow account within three days of an accepted offer.

4. Stay Informed

Always make sure to do your homework and learn the history on a property you are interested in. Does the neighborhood have a high crime rate or a new highway/major road being constructed nearby that could be affecting the price? Is the heating, plumbing, roofing and window work in good condition? Those hidden problems can lead to major expenses in the future - post purchase. Ask your realtor for a property condition report and and see if the home comes pre-inspected. If not, we highly recommended to get and inspection before the purchase is complete. Being “in-the-know” and taking the extra steps can save you money and headaches in the long run.

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Online Only Event/Auction:
December 19th 10:00am - 4:00pm CST
List Price:
$1,500,000.00
Sugg. Opening Bid:
$800,000.00
Enter $800,000.00 or more

What is a Pre-Auction Offer? This property can be purchased prior to the auction's start date. If accepted, this property will be removed from the upcoming auction. Benefits to purchasing prior to auction.

Want to wait until the auction day to bid?
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Agent Contact & Showing Info
  • Zach Binswanger
  • Micoley.com LLC
  • License # 475.160728
  • Additional Licensing Information:
  • Broker: Wade Micoley #471.018175
  • Broker Firm: Micoley.com LLC #481.011994
Financing

Please contact your local lender