Ownership Interest in Real Estate Holding Company
Listing Information
Ownership Interest in Real Estate Holding Company
Price: $10,000.00
Created: 10/07/2017
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Trustee
220 W. Main Street
Urbana, IL 61801
217-384-1300
Description
Sale of 50% minority membership interest in C&F Industrial Enterprises, LLC, an Illinois Limited Liability Company, formed on or about June 18, 2007, with a business address of 1619 CR 225E. Bethany, Illinois 61914.
The LLC is the owner of the commercial real estate located at 130 E. Main St., Dalton City, Moultrie County County, Illinois. Said real estate has a value of approximately $30,000.00, subject to an outstanding mortgage to Scott State Bank of approximately $13,990.00. The LLC leases the real estate to CNT, Inc., a restaurant tenant, for $600/month. The mortgage payment is $422.81/month. The LLC also owns a forklift, 2 older car trailers, a 2001 GMC Pickup and miscellaneous equipment, with a value range of approximately $15,000-$20,000.
Financial Overview
Additional Details
- Bids in increments of no less than $1,000.00
- Bid Deposit: $1,000.00
- Last date to respond: October 26, 2017