520 North Main Street, Jonesboro, IL 62952

3-Bedroom Home with 40 × 60 Garage in Jonesboro Online Only Real Estate Auction 520 North Main Street, Jonesboro, IL 62952 Begins to End November 12, 2026 Thursday 2:00 PM CST Call us today to schedule a showing 618-833-2227
  •   Oct 15 @ 10:00pm CDT (Start)
  •   Nov 12 @ 2:00pm CST (End)
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3-Bedroom Home with 40 × 60 Garage in Jonesboro

Online Only Real Estate Auction

520 North Main Street, Jonesboro, IL 62952

Begins to End November 12, 2026 Thursday 2:00 PM CST

Call us today to schedule a showing 618-833-2227

Step out your front door and you're across the street from Lincoln Memorial Park, site of the 1858 Lincoln-Douglas debate in Jonesboro, with paved walking loops, picnic shelters, and the park pond. The Jonesboro Square is half a mile away. This two-story frame home sits on 1.05± acres in town and offers 3 bedrooms, 1.5 bathrooms, and a sunroom with vaulted ceilings. Out back, a 40 × 60 steel-frame metal garage with a workshop gives you room for vehicles, equipment, and projects, and a 12 × 20 tiny house offers more space once it's fixed up.

This home has plenty of character and room to grow, but it's ready for someone to put their own stamp on it. New carpet and fresh paint would go a long way, and the termite repair noted below belongs at the top of the list. The location, the acreage, and the garage are already here. Bring your vision and a little elbow grease.

Key Details:

  • Real Estate Tax ID: 14-00-07-965-A1
  • 2025 Real Estate Taxes: $3,976.00
  • Zoning: R-2
  • Year Built: 1889
  • Home Square Footage (per county property card):
    • 864 sq ft main level
    • 648 sq ft sunroom
    • 480 sq ft second story
  • Steel Building: 40 × 60
    • Garage: 30 × 40
    • Workshop: 30 × 40
  • Tiny House (needs work): 12 × 20
  • Lot Size: 1.05± Acres
  • Bedrooms: 3 ~ Bathrooms: 1.5
  • Schools: Jonesboro District 43 and Anna-Jonesboro Community High School District 81

Room Dimensions:

  • Hallway Entry: 6 × 15
  • Living Room: 13 × 15
  • Kitchen: 13 × 11
  • Dining Room: 10 × 15
  • Hall/Dining Room Entry: 7 × 11
  • Primary Bedroom: 10 × 13
  • Primary Walk-In Closet: 5 × 11
  • Full Bathroom: 10 × 10
  • Office Nook: 5 × 9
  • Laundry Area: 5 × 5
  • Mud Room Entry: 7 × 8
  • Sunroom: 35 × 17
  • Upstairs Bedroom 1 (U-shaped): 6 × 11, 14 at widest, 5 on the other side
  • Upstairs Bedroom 2: 9 × 15
  • Finished Attic Storage/Play Area: 11 × 13
  • Attic Storage: 12 × 7
  • Basement: 25 × 11
  • Basement Furnace Area: 7 × 9
  • Basement Water Heater Area: 5 × 7
  • Concrete Front Porch: 25 × 9

Features:

  • Kitchen with
    • Gas stove
    • Dishwasher
    • Built-in cutting board
    • Raised countertops
  • Dining room bay window
  • Built-in shelves in the living room, primary bedroom, and upstairs bedroom 2
  • Full bath
    • Corner jetted tub
    • Separate shower with fold-down seat
  • Primary bedroom with walk-in closet
  • Upstairs bedroom 2 with its own half bath
  • Upstairs bedroom 1 with storage cabinets
  • Sunroom
    • Vaulted ceiling
    • Own mini-split unit
  • Walk-out basement with interior access
  • Amana gas forced-air furnace (manufactured 2021)
  • Gas water heater (installed 2023) serving the bathroom and kitchen
  • Electric water heater serving the laundry
  • Copper water lines
  • Metal roof
  • Siding vinyl 
  • Public water
  • Public sewer
  • Public gas
  • Ameren electric
  • 40 × 60 steel-frame metal garage with workshop, electric, concrete floor, and overhead door
  • Concrete driveway

Repair Notes: Prior termite damage exists to a floor joist in the basement and the lower portion of the south wall of the sunroom. The cost to repair the joist and wall is estimated at approximately $15,000. Buyers are encouraged to complete their own inspections and obtain their own contractor or carpenter estimate prior to bidding.

Directions: From the Jonesboro Square traffic circle, take N. Main St. north 0.5 mile. Destination will be on the east (right).

Seller: Estate of Cheryl Wright

Real Estate Terms: Successful bidder(s) will be required to enter into a written contract and deposit earnest money of 10% of the contract price. Balance due on or before December 30, 2026. An Executor's Deed and title insurance will be provided by the seller. Possession will be given on the date of closing. A 10% buyer's premium will be added to the high bid to establish the contract price. Make your financial arrangements prior to the auction. Potential buyers may make any inspections prior to auction.

Joe Ollis Real Estate & Auction, LLC IL Lic # 444.000380

Information Herein Believed to Be Accurate but Not Warranted

 

Bidding Procedures & Auction Terms and Conditions

Joe Ollis Real Estate & Auction, LLC

Property and Basic Information

1. The Real Estate consists of:

  • 520 North Main Street, Jonesboro, IL 62952

  • County Parcel Number 14-00-07-965-A1, Union County, Illinois

  • There are no leases or rents.

2. This property is being sold on an “AS IS”, “WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property or its future use is made by Seller or Auction Company. Buyers may conduct inspections by contacting Joe Ollis Real Estate & Auction, LLC at 618-833-2227 or 800-272-9791 to schedule an appointment.

3. While you may obtain financing for your purchase, this auction is not contingent on financing, appraisal, survey, or inspections of any kind. If you do not have your finances in order, we ask that you Don't Bid!

4. Sale of said property is subject to: any and all easements of record, state and federal regulations, restrictions as to use or improvements of premises, utility, roadway, railway, and gas line easements, all state and local zoning ordinances, and any other limitations, if any.

Registration and Representation

5. This real estate auction is being conducted through online only bidding and begins to end on November 12, 2026 at 2:00 PM CST. All bidding is open and public. You or your authorized representative must be registered online to bid. If you need assistance placing an online bid or prefer to submit a bid in person, please call our office for assistance at 618-833-2227 or 800-272-9791.

6. Registration requires a credit card for validation, though this is not a recognized form of payment for the earnest money (deposit) or purchase price. By registering, all bidders acknowledge having read and agree to be bound by these Auction Terms and Conditions. Joe Ollis Real Estate & Auction, LLC reserves the right to remove or cancel the bids and bidding rights of any party at any time deemed not to be in the best interest of the seller(s).

7. Joe Ollis Real Estate & Auction, LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner. All negotiations must be conducted through Joe Ollis Real Estate & Auction, LLC.

8. Broker Participation: A commission previously agreed upon will be paid to any properly licensed real estate broker whose Buyer/Bidder is the successful purchaser for this real property, and who closes and pays the total Contract Price and Closing Costs. The broker must complete and submit all broker participation form requirements and documentation before their buyer/bidder registers for the auction, with no exceptions permitted.

Bidding Procedures

9. Maximum Bidding Option: When placing a bid, you may set a maximum bid amount. The system will bid in specified increments up to your maximum, never exceeding it, and only increasing when raised by competing bids. This is particularly useful if you cannot bid actively at closing time.

10. Dynamic Closing “Soft Close”: If a bid is placed within the final two minutes, the clock resets back to two minutes remaining. Bidding closes once two minutes pass with no new bids.

11. Joe Ollis Real Estate & Auction, LLC controls the amount of bids for sake of speed and clarity using predetermined bid amounts.

12. Outbid Notifications: If you choose this option during registration, you will receive email notifications when you are outbid. Please note that if you are outbid near the end of the auction, you may not receive the notification until after the auction has closed. You can check your current bid status at any time during the auction. If the system shows you are outbid, you are outbid. If you need to verify your bid status, contact ollis@ollisauction.com or call 1-800-272-9791 before the auction closes.

13. Technical Issues: In the event of technical difficulties, Joe Ollis Real Estate & Auction, LLC reserves the right to extend, continue, or close bidding. Neither the software provider nor Joe Ollis Real Estate & Auction, LLC shall be held responsible for software malfunctions. Use the “Max Bid” feature to minimize technical issues.

14. Bidding Errors: Carefully review each bid before submitting. Bids must be in whole numbers only. If you make an error contact the Auctioneer immediately at ollis@ollisauction.com or call 618-833-2227 or 618-521-0525. If you do not you are still liable for your bid.

15. Bidder's Duty to Report Fraud: You are responsible for all bids from your account. For suspected unauthorized access:

  • Immediately notify the Auctioneer at ollis@ollisauction.com

  • Immediately report to law enforcement

  • Provide police report copy to Auctioneer

Failure to report promptly makes you responsible for all purchases made using your account.

Contract Terms

16. At the conclusion of the auction, the Auctioneer or representative will contact the Winning Bidder to arrange contract signing — either in person or via email — and to gather necessary information including deed instructions. The contract signing and earnest money deposit must be completed by 4:00 PM CST on the day following the auction. The contract and related documents may be signed electronically, and electronic signatures shall be as binding as original signatures.

17. ALL CASH means the purchase price is to be paid in U.S. dollars and cents at closing. It's fine to fund your purchase with a loan — no other forms of payment, such as vehicles, farm animals, or other items, will be considered.

18. A buyer's premium of ten percent (10%) of the high bid shall be added to the high bid to establish the contract price. Please remember to consider this buyer's premium when placing or determining your bids.

19. Earnest money requirement is 10% of the contract price (High Bid plus Buyer's Premium equals Contract Price). The earnest money is non-refundable, except as provided in the Contract for Sale of Real Estate, and is due by 4 pm CST the day following auction. Payment options:

  • Check (payable to Joe Ollis Real Estate & Auction, LLC)

  • Cash

  • Credit card (5% fee applies)

  • Wire transfer (buyer pays transaction fees)

The earnest money becomes part payment of the property at closing.

20. A Winning Bidder whose documents and deposit are not received within this timeframe:

  • Will be subject to liquidated damages equal to the earnest money plus any costs to obtain the earnest money

  • Will not be allowed to bid in future Joe Ollis Real Estate & Auction, LLC events

Title and Closing

21. Title Insurance and Deed:

  • Seller shall provide Owner's Policy of Title Insurance

  • Seller shall execute an Executor's Deed conveying the real estate to the buyer(s)

  • Seller pays for deed preparation

  • Buyer(s) pay for their own title search, insurance charges, and usual conveyance expenses

  • Buyer(s) pay for recording fees and tax stamps that attach to the deed

  • The closing fee of the attorney or agent who acts as the closing agent shall be split 50/50 between seller and buyer

  • Title company: Union County Abstract, Inc., 304 W. Market St., Jonesboro, IL 62952

22. Real Estate Taxes: Seller will give credit at closing for prorated 2026 taxes based on the latest courthouse records. Back taxes, if any, will be paid by Seller.

23. The sale will be closed on or before December 30, 2026. Time is of the essence. If closing has not occurred by the closing date, Joe Ollis Real Estate & Auction LLC, through its Agents or Attorney, may give the buyer five (5) days notice to close this sale. The closing date may be extended if mutually agreed upon in writing by both Seller and Buyer. Possession will be given on the date of closing. Seller bears the risk of hazard and loss until the date of the deed. Any personal property remaining becomes buyer's property/responsibility after closing.

Legal Considerations

24. The Auction Company has posted all relevant documents (Contracts, tax bills, photos, etc.). Information was obtained from sources believed accurate but requires verification. Aerial Photos and Drawings are for illustration only unless specified as surveyed boundaries. All bidders must:

  • Conduct their own due diligence

  • Complete any professional reviews of the auction and information PRIOR to bidding

  • Review any updates prior to bidding

25. As exclusive Seller's agents, the Auctioneer must present all offers. Properties are subject to pre-auction sales meeting all terms. Pre-auction offers must include:

  • The Contract for Sale of Real Estate

  • Required deposit

The Seller may accept or reject any offer at their sole & absolute discretion.

26. Both parties shall indemnify and hold harmless Joe Ollis Real Estate & Auction, LLC from costs, losses, liabilities, or expenses, including attorney fees, resulting from failure to fulfill obligations. Disputes will be arbitrated or tried in Union County courts in Union County, IL, at the discretion of Seller and Joe Ollis Real Estate & Auction, LLC. In any legal action or arbitration arising from these Terms and Conditions, the prevailing party shall be entitled to recover reasonable attorney fees and court costs from the non-prevailing party.

27. If any provision of these Terms and Conditions is held to be invalid, void, or unenforceable for any reason, the remaining provisions shall continue in full force and effect and shall in no way be affected, impaired, or invalidated.

28. Failure to enforce any term does not waive future enforcement rights. These Terms and Conditions are governed by Illinois law and are incorporated into the Contract for Sale of Real Estate. In the event of any conflict between these Terms and Conditions and the Contract for Sale of Real Estate, the Contract for Sale of Real Estate shall govern.

Thank you for your interest. For questions, contact our representatives.