ONLINE LAND AUCTION: Williamson County IL 9+- Acres / Wooded Home Building Site / 1 Tract (2717A)

ONLINE LAND AUCTION: Williamson County IL 9+- Acres / 1 Tract

Bidding Closes Thursday, August 5, 2021 at 11:00 a.m. CST

Property Inspection: By Appointment - Call Auctioneer/Broker Wayne Keller at 618-407-1679

Property Address: 2802 South Park Avenue, Herrin IL 62948

Property is offered as 1 tract, no divisions. $1000 bid increments.

DESCRIPTION

9 acres along IL Rt 148 at the South edge of Herrin IL at 2802 S. Park Avenue, next to 1st Christian Church of Herrin.  It is zoned B2 Hwy which will allow a residence or business and is in a TIF #3 district.  A 30’ strip reaches out the East side of the property to Ryan Drive.  The property is mostly wooded with high ground suitable for building along with some creek bottoms.  There was once a home on the SW corner of the property that was torn down some time ago.  Plenty of room to build a home back in the woods off the highway or a commercial venture.

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFORMATION OF THE SELLERS.

PROCEDURE: Property is offered as 1 tract, no divisions. $1000 bid increments.

SHORT LEGAL: Part of SE ¼, Section 6, Township 9 South - Range 2 East, Williamson County Illinois

TAX ID: 06-06-400-036,  06-06-400-014,  06-06-400-033

REAL ESTATE TAXES: $1222.70 (2019 paid 2020). Pro-rated to closing date.

SURVEY:  None provided.

MINERAL: Any mineral owned will transfer, if any. None believed to be owned.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession will be given at closing.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Wayne Keller, IL Lic #441.002475.