Description

SOLD AT AUCTION!!!

42+/-  ACRES IN ST. CLAIR COUNTY, IL. WITH 25.5 TILLABLE ACRES

Property Address: 2910 Club Congress Rd., New Athens, Il.62262

Auction to be held at:

Hecker Community Center Pavilion

230 E. Washington St.

Hecker, Il. 62248

Property Viewing:

Wednesday - June 27th

From: 5:00PM - 8:00PM

Property Detail:

42 acres with 25.45 tillable acres with plenty of blacktop road frontage. At one time there was a very nice lake on this property but the dam is not currently functional and the lake is ready to be cleaned out and rebuilt. There is a clubhouse that is used as a hall. The other clubhouse structures are not owned but the landowner and the clubhouse owner have right to remove anything prior to closing. Anything left will become the property of the buyer.

Agent Comments:

Beautiful property with a lot of opportunity!  There used to a be a pretty popular lake here; it just needs to be rebuilt, and it could be an excellent fishing hole.  There is also a great place to build a home or an excellent investment for the future.

Sale Method:

AUCTION - One Tract - Bidding in lump sum.

Building Description:

The Main Hall is selling as is, where is. The personal clubhouses belong to individual members, and these members have the right to remove them before closing. Anything left on the property after closing becomes the property of the Buyer.

Legal Description: Sec 30, T2S-R8W

Mineral Rights: Any mineral rights owned will transfer with the sale of the property

Taxes: $3, 922.70 for 2017. Seller to pay 2017 taxes. Buyer responsible for all of 2018.

Earnest Money: Immediately following the close of bidding, the approved high bidder(s) will deposit a non-refundable payment due of 10% down as earnest money. Online bidders will be delivered a contract through email to sign, and the earnest money must be wired by the close of business the next day. Earnest money will be held by Town and Country Title Company. Buyer(s) will also sign a purchasing agreement with the seller.

Farm Lease: Farm Lease is 1/3-2/3. Purchaser will receive 2018 income and fertilizer bill.

Possession: Subject to 2018 tenants rights. For property not being farmed, possession is at closing.

Terms:

BIDDING INFORMATION: Bidding will be done in total dollars. Seller reserves the right to accept or reject the high bid.

REGISTRATION:  Proper and complete registration is required to bid. All bidders will be asked for a copy of state-issued ID. All online bidders must provide name, address, phone number, and email address to register. A registered online bidder will then be approved by the auctioneer to continue. A credit card is required to place an online bid on the property. The credit card will be validated before bidding access is granted but is not a recognized form of payment of the deposit or purchase price. Deposit must be wired by the close of business next day. Credit card will not be charged unless Winning Bidder fails to complete the contract signing process and required wiring; then $1000 will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agreed to be bound by the Auction Terms and Conditions. Online bidders must register and be accepted at least 3 hours before the live auction.

BROKER CO-BROKE OFFERED - 2% co-broke offered, but the bidder must be registered by the Buyers' Broker prior to any bidding online or live auction and be registered according to the terms and conditions of the Property Peddler Auction Group. Please contact Brenda Chandler at 618-201-3947 or brenda@propertypeddler.com for information on how to register your Buyer.

Soil Productivity: 103.1

Closing: On or before August 31, 2018

Parcel(s): 17 30.0 400 001

Disclaimer:

This property is owned by a club and the individual members of this club will have the right to bid.

DISCLAIMER AND ABSENCE OF WARRANTIES: Subject to all easements, covenants, and restrictions on record. All information contained herein, and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her independent inspections, investigations, inquiries and due diligence concerning the property. The figures, estimates, and drawings of acreages and boundary lines in the printed material or on the website are approximate, and are not guaranteed. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final, and all announcements made the day of the auction by the auctioneer will take precedence over printed or spoken information made prior. Property Peddler inc. and their agents work for the Seller.

Auctioneer Brad Chandler, IL Lic #441.002105.

Financing:

Your bidding is not conditional on financing; make arrangements prior to the sale. Earnest money is nonrefundable.

Survey:

Property will be selling by the legal description.