NOTICE OF SALE OF SURPLUS REAL ESTATE
Sealed bids for the sale of certain real properties commonly known as 3112 Elim Avenue, 3114 Elim Avenue and 1529 33rd Street, City of Zion, Illinois, will be received by the City of Zion at the City Clerk’s Office until 10:00 A.M. Monday, November 12, 2018.
Sealed bids shall be plainly marked on the envelope with the bidder’s name and address and with the words “BID FOR SALE OF 3112 ELIM AVENUE OR 3114 ELIM AVENUE, OR 1529 33RD STREET CITY OF ZION, TO BE OPENED NOVEMBER 12, 2018.” Bids are to be submitted to the City clerk, Zion City Hall, 2828 Sheridan Road, Zion IL 60099.
The legal description for these parcels:
3112 Elim Avenue, 50 feet wide by 166 feet deep, Permanent Index Number (PIN) 04-27-112-015, LOT 15 IN BLOCK 25 ZION CITY SUBIDIVSION #2, BEING A SUBDIVISION OF PART OF SECTIONS 27 AND 28, TOWNSHIP 46 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPAL MERIDIAN ACCORDING TO THE PLAT THEREOF RECORDED JULY 17, 1901, AS DOCUMENT NUMBER 82495 IN BOOK “E” OF PLATS, PAGE 59, IN LAKE COUNTY, ILLINOIS.
3114 Elim Avenue, 50 feet wide by 166 feet deep, Permanent Index Number (PIN) 04-27-112-016, LOT 16 IN BLOCK 25 IN ZION CITY SUBDIVISION NO.2, BEING A SUBDIVISION OF THE EAST ½ OF THE NORTHWEST ¼ OF SECTION 28 AND OF THE WEST ½ OF THE NORTHEAST ¼ OF SECTION 28 AND THE NORTHEAST ¼ OF THE NORTHEAST ¼ OF SECTION 28 AND THE NORTHWEST ¼ OF SECTION 27, TOWNSHIP 46 NORTH, RANGE 12 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF, RECORDED JULY 17, 1901 AS DOCUMENT 82496 IN BOOK “E” OF THE PLATS, PAGE 59 IN LAKE COUNTY, ILLINOIS.
1529 33RD Street, 100 feet wide by 149 feet deep, Permanent Index Number (PIN) 04-28-401-040, LOTS 16 AND 17 IN REED’S SUBDIVISION OF PART OF THE SOUTHEAST ¼ OF SECTION 28, TOWNSHIP 46 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPAL, MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 17, 1948 AS DOCUMENT 660081, IN BOOK 905 OF RECORDS, PAGE 27, IN LAKE COUNTY, ILLINOIS.
DEED RESTRICTION: The conveyance of the properties set forth herein, shall be subject to the following Deed Restriction: SINGLE FAMILY OWNER OCCUPIED RESIDENCE COVENANT. This property shall be solely used and occupied as vacant property or a single family owner occupied residence for a period of twenty (20) years from the date of this deed.
In the event that the Grantee, or any successors in interest, use or occupy the property in violation of this Covenant, the property shall automatically revert back to the Grantor, City of Zion, an Illinois municipal corporation. It is acknowledged and agreed that the Grantor may obtain specific performance of the foregoing Covenant or seek to enforce the reversion of the property to the Grantor in the event that the property is not used as vacant property or a single family owner occupied residence for a period of twenty (20) years from the date of this deed. The Grantee or any successor in interest shall pay all of the Grantor’s attorney’s fees and costs in enforcing this Covenant.
Minimum bid required for each property is $1,250.00.
Each person, by submitting a bid, signifies their intentions and good faith to enter into a contract with the City of Zion, Illinois, should they be awarded the bid and shall take title to the subject property(ies) by way of Quit Claim Deed in the property(ies) current “AS-IS” condition. The City of Zion makes no warranty or representation of the subject property(ies) current condition.
DATED this 1st day of November, 2018.